Contracts, Invoices & Legal

A previous report on Waterstone Mortgage's Q3 earnings contained inaccurate information. We are correcting the record. View the full article

Bill Pulte's X post has the industry excited that loan level price adjustments could change, but the impact would not be as beneficial as some think, KBW said. View the full article

The former AIME boss and current Rocket Pro leader claims the megalender has threatened to pull the trade group's funding should it pay her a $240,000 bonus. View the full article

The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers. View the full article

The average price of a single-family home increased 1.7% from last year to $426,800 in the third quarter. View the full article

While all six companies were profitable in the third quarter, most had earnings which were down from the prior periods, with MGIC setting a milestone. View the full article

A think tank's analysis of the system that provides banks with financing backed by an implied guarantee arrives amid broader federal efficiency reviews. View the full article

Yields were higher by as much as three basis points, led by tenors more sensitive to changes in Fed policy. View the full article

The hidden costs of homeownership total nearly $16,000, rising 4.7% in the past year. View the full article

The fintech had over $2 billion in home equity line of credit volume in the third quarter and reported growing production in its crypto and non-QM offerings. View the full article

Delinquencies are at their second highest level in three years, led by deterioration in the performance of FHA loans, the Mortgage Bankers Association said. View the full article

Equities move through a stack of intermediaries, from custodians and clearing firms to brokers. Figure's blockchain structure aims to cut out third parties. View the full article

Federal Reserve Gov. Lisa Cook, citing several studies, outlined her concerns Thursday that generative AI could be used to manipulate markets, and regulators have not yet thought through how to police such activity. View the full article

Renters can now enroll in CreditClimb through Zillow to have their on-time rent payments reported to the three major credit bureaus. View the full article

An expanded data set based on the third quarter annual price changes is what U.S. Federal Housing uses to calculate next year's conforming loan limits. View the full article

After three consecutive weeks of increases, the 30-year fixed mortgage rate dropped 0.3 basis points to 6.23% this week, according to Freddie Mac. View the full article

Now that the Consumer Financial Protection Bureau has refused to request funding from the Federal Reserve System, many experts see the case making its way to the Supreme Court. View the full article

The The President administration's decision not to seek funding for the CFPB and transferring remaining enforcement cases to the Department of Justice were cited as reasons for the resignation of Michael G. Salemi, who took over as CFPB enforcement chief earlier this year. View the full article

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. View the full article

Treasury Secretary Bessent said FSOC is readjusting its approach to avoid stifling growth in moves with implications for capital, technology and mortgages. View the full article

Overall satisfaction is highest when customers receive status updates from mobile apps, according to the J.D. Power's 2025 U.S. Claims Digital Experience Study. View the full article

The carryovers range from some $2.4 million in California and some $1.9 million in Texas to $44,851 in Alaska and $39,297 in Vermont. View the full article

National Mortgage News takes a look back at some of the major or unique transactions which went on, or in some cases didn't happen, in the past 12 months. View the full article

The merger of equals, which received a chilly reception from investors when it was announced in July, closed faster than analysts had expected. View the full article

US mortgage rates fell last week to the lowest level since September 2024, a hopeful sign for the sluggish housing market to start the new year. View the full article