Contracts, Invoices & Legal

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015. View the full article

The Tulsa, Oklahoma-based bank expects the pace of loan growth to quicken this year, driven in part by its nine-month-old warehouse lending business. View the full article

The new regulation, which passed overwhelmingly in the state legislature, would allow insurers to remove wildfire protections from standard homeowners policies. View the full article

Democratic senators are calling for Senate Banking Committee Chairman Tim Scott to compel the acting director of the Consumer Financial Protection Bureau to testify. View the full article

The real estate data firm said the merger will support efforts to scale and plans to ramp up development of enterprise technology products. View the full article

Mortgage rates edged higher after the Fed held rates steady, with markets weighing political shifts, Treasury moves and mixed signals on where borrowing costs head next. View the full article

The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average. View the full article

Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used. View the full article

The impact of insurance costs, availability and related state rules also were top of mind at the Mortgage Bankers Association servicing conference. View the full article

Lowering minimum standards and using a 2018 proposal as a basis for change may be the quickest path, according to Donald Layton, Freddie Mac's CEO from 2012 to 2019. View the full article

The 5-year yield swung sharply after conflicting BLS jobs and CPI data, with softer inflation boosting rate-cut hopes, according to the CEO of IF Securities. View the full article

US consumer sentiment increased to a five-month high in January as Americans grew more optimistic about the economy and their finances. View the full article

A definitive move could occur as early as fiscal year 2026 or take until 2033, depending on what the government is willing to do, according to one analyst. View the full article

Developing class action cases could corral hundreds of thousands of plaintiffs in fights against lenders who allegedly defrauded customers and employees. View the full article

Mamdani issued several other orders, including one that created a new office devoted to community engagement and three that concern housing and real estate. View the full article

Markets are sending mixed signals as the dollar slides, gold surges and Treasuries barely react, a disconnect that could spill into other assets, according to the CEO of IF Securities. View the full article

The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while reviewing the loan program. View the full article

The letter suggests Mortgage Connect review and end the use of any noncompete or other agreements that aren't necessary and to notify workers of updates. View the full article

Nearly 18 million homeowners in the 100 largest U.S. metros paid HOA or condo fees in 2024, with 2.6 million paying $500 or more monthly, according to a new LendingTree report. View the full article

The class action lawsuit, which picks up from a lingering 2022 case, says over 787,000 plaintiffs across 36 states were unfairly charged a combined $15 million. View the full article