Contracts, Invoices & Legal

The Federal Reserve is slated to undertake a number of important rules and regulations in 2026, but decisions around agency leadership and the The President administration's avowed effort to exert greater control over the central bank are likely to leave a lasting legacy at the agency. View the full article

The Mortgage Bankers Association is examining the data to see if the high ratio warrants a new push for a premium cut but said rising arrears call for caution. View the full article

A housing official renewed his call for credit bureaus to address lenders' concerns. Low pull-through magnifies a cost that's small relative to others. View the full article

Annual home-price appreciation ended last year at 0.7%, the smallest calendar-year increase since 2011, when prices dropped 2.9%, according to ICE. View the full article

Although some of the cohort surveyed were flush with savings, others admitted having precarious debt situations and steadfast attitudes toward luxury purchases. View the full article

The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022. View the full article

Loanlogics rolled out the LoanBeam NQM income analyzer in October and has four users for the non-qualified mortgage underwriting technology, including Pennymac. View the full article

The contract rate on a 30-year mortgage dropped 7 basis points to 6.18% in the week ended Jan. 9, according to Mortgage Bankers Association data released Wednesday. View the full article

A record amount of equity is now held by property owners 62 and older, with a growing share transferring homes to their heirs and not putting them up for sale. View the full article

Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination volume than the same time a year prior. View the full article

Toll Brothers Inc. fell short of analysts' estimates for quarterly orders, signaling that fewer people are signing contracts to build homes as high prices and economic uncertainty hold some buyers back. View the full article

MBS numbers at both soared in January, when The President directed the enterprises to accumulate more bonds, but a decline in loans shrunk Freddie's total number. View the full article

Home prices increased 0.9% year-over-year and 0.1% month-over-month in January, according to the S&P Cotality Case-Shiller national home price index. View the full article

The contract rate on a 30-year mortgage increased 14 basis points to 6.57% in the week ended March 27, according to Mortgage Bankers Association data released Wednesday. View the full article

In other news, Better Mortgage completed warehouse renewals and Wolters Kluwer provided a new form of access to its digital vault platform for secured parties. View the full article

Federal Reserve Chair Jerome Powell said in a speech Tuesday that the central bank's policy stance is "modestly restrictive," a stance that will give the central bank flexibility to react to an uncertain economic future. View the full article

With comments on the proposed repeal due Sept. 26, stakeholders must demand decisions based on data — not politics, according to the founder of 480 Advisors. View the full article

Federal Reserve Vice Chair Philip Jefferson said despite the near term cloudiness to economic projections, he does expect inflation to resume its downward trajectory next year and reach the Fed's 2% inflation target in the coming years. View the full article

A South Carolina resident said she received multiple calls from Freedom loan officers this summer despite registering her number on the do-not-call-registry. View the full article

In a complaint filed in Virginia federal court, the FTC said the partnership would reduce the number of websites offering apartment listings, leaving consumers with fewer places to search. View the full article

The contract rate on a 30-year mortgage climbed 12 basis points to 6.46% in the week ended Sept. 26, according to Mortgage Bankers Association data released Wednesday. View the full article

A stock offering or conservatorship exit could raise loan costs in some contemplated scenarios, a Stanford Institute for Economic Policy Research study finds. View the full article

Plaintiffs accusing the lender of steering them to higher rates cited comments LOs made under oath describing elements of the alleged scheme. View the full article

Federal Reserve Gov. Michael Barr said in a speech Thursday that he fears the gradual pace of price increases from tariffs being passed on to consumers may prolong the one-time inflationary effect of the tariffs to the point where it affects consumers' inflation expectations. View the full article