Contracts, Invoices & Legal

Fannie Mae sees growth in refinance activity pushing volumes upward, but flattening purchases will temper lender momentum, according to its December report. View the full article

The antitrust lawsuit suggests over two dozen mortgage companies shared sensitive loan origination information as the "price of cartel membership." View the full article

Instances of miscommunication between servicers and borrowers have declined, but some warn that CFPB stepping back from enforcement could create oversight gaps. View the full article

Rialto Capital allegedly engineered a way to keep it in default so that the company could win extra fees over time, according to a lawsuit filed Tuesday. View the full article

Home prices rose 0.2% nationally month-over-month in November, but there were an estimated 37.2% more sellers than buyers in the market, Redfin said. View the full article

Rithm Capital, a real estate investment trust, is sponsoring the deal, in which property focused investor loans represent 32.60% of the collateral pool. View the full article

The bank is adding trusted contacts, specialized teams and new tech against scams, but consumer advocates say reimbursement is the key missing piece. View the full article

In its so-called quarterly refunding statement Wednesday, the Treasury department said it anticipated keeping auction sizes unchanged for nominal notes, bonds and floating-rate notes, "for at least the next several quarters." View the full article

United Wholesale Mortgage dropped the fees for Title Review and Closing plus to as low as $1,295; it also extended its R/T 90 refi promo for another month. View the full article

From volunteer trips to virtual costume parties, lenders are looking for new ways to boost employee wellness to keep their teams happy and healthy. View the full article

Since the end of July, UWM's common stock price gained 55%, but an improved mortgage origination outlook was already accounted for, said Jeffrey Adelson. View the full article

A new look is coming to the National Mortgage News homepage, writes Editor-in-Chief Heidi Patalano View the full article

A gauge of present conditions fell 7 points to the lowest level in a year, while a measure of expectations for the next six months also dropped in September. View the full article

Federal Reserve Vice Chair for Supervision Michelle Bowman said she wants banks to be competitive in the digital assets space, provided those operations are siloed from the traditional finance side of the business. View the full article

Hart, who came over from Ellie Mae, starts in the position of Jan. 1, as Tim Bowler moves to a new role within ICE's Fixed Income and Data Services division. View the full article

Until August, Bell was the executive director for loan guaranty service at the Department of Veterans Affairs, where he was credited with growing the program. View the full article

The reverse mortgage companies squeezed thousands of dollars out of aging homeowners through various illegal fees, according to a new class action suit. View the full article

A series of social media posts, from the US president over the weekend and then from the FHFA director and real estate scion Pulte on Wednesday, are helping put an S&P gauge of builders on track for a four-day losing streak. View the full article

The wholesale giant, fully entangled in the legal fight over a six-figure bonus, emphasized it's only the title sponsor of the broker trade group. View the full article

Wellness rooms, thoughtful sensory inputs and layouts that boost functionality can reduce workplace stress. View the full article

Despite certain pronouncements otherwise, rumors of email's demise have been gravely exaggerated, as recent data shows it's not only still around, it's ubiquitous. View the full article

However, Rocket, which has been of the companies to participate, has not yet announced its intentions regarding a pre-FHFA announcement increase. View the full article

How decisions in construction and property oversight can reshape multifamily loan performance. View the full article

The latest case comes after at least three other zombie lawsuits in the past year, with the owner of the loan in question claiming $173,000 in past-due interest. View the full article

Despite the decrease, average profit margins approached 50%, as the lock-in effect continues to stymie inventory growth and keep home values elevated. View the full article