Contracts, Invoices & Legal

The California-based lender announced Wednesday the addition of One Goal Mortgage, a branch serving the Omaha, Nebraska, metro area and Southwest Iowa. View the full article

Jumbo loans demand more scrutiny and documentation, but automation is streamlining the process — and lenders who master the product stand to gain in a moderately bullish market. View the full article

Economists surveyed by Wolters Kluwer are scaling back rate cut expectations as Iran conflict-driven energy costs push inflation higher, complicating the Fed's path forward. View the full article

Half of Gen Z homeowners and 44% of millennial homeowners were at risk of missing at least one mortgage payment over the last two years, ServiceLink found. View the full article

Dozens of plaintiffs say they still haven't received a full explanation over the mass termination announced last April by FHFA Director Bill Pulte. View the full article

Pending sales of previously owned US homes climbed for a second month in March as a pickup in inventory helped mitigate higher borrowing costs. View the full article

March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report. View the full article

The company that the global firm is investing in owns a U.S. mortgage correspondent business and another domestic lender that does business with brokers. View the full article

The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal. View the full article

The opinion that supports national banks' ability to avoid paying interest on certain mortgage accounts in New York is unlikely to be the last word. View the full article

Zombie properties rose quarter over quarter in 38 states and the District of Columbia, according to Attom's latest Vacant Property and Foreclosure Report. View the full article

Contract closings fell 0.2% last month to an annualized rate of 4 million, according to National Association of Realtors figures released Thursday. View the full article

Investment purchases surged to their highest share in five years in the second quarter, even though total volume decreased from 12 months earlier. View the full article

Jerry Halbrook, who also held key roles at a number of mortgage lenders like Pennymac and Nexstar, has been named president and COO of Covered Insurance. View the full article

Renters who pay on time deserve credit toward homeownership, and new data tools can make that possible, according to the owner of Burkentine Real Estate Group. View the full article

The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future. 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

Two government-sponsored enterprises are looking into expanding mortgage transfers between borrowers, according to the head of their oversight agency. View the full article

A Georgia resident filed the suit after receiving two unsolicited calls from the lender in October even though her number appeared on the Do Not Call registry. View the full article

Independent mortgage bankers were in the black for each loan originated during the third quarter, as low rates brought an application surge in September. View the full article

Leading Democrats on the Senate Banking Committee sent a letter to Chair Tim Scott, R-S.C., pointing out the as-yet unsatisfied legal requirement for prudential regulators to appear in Congress semiannually. View the full article

The regulator lowered benchmarks for acquisitions of certain single-family loans including low-income refinances, and left multifamily targets intact. View the full article

A Florida man's racketeering class action case accuses two mortgage employees of conspiring with a homebuilder to facilitate fraudulent construction draws. View the full article

Total lock volume increased 2% from November and finished 30% higher than last December, according to Optimal Blue's latest Market Advantage report. View the full article

Mortgage applications for new-home purchases decreased 15.2% on a seasonally adjusted basis in December, according to the Mortgage Bankers Association. View the full article