Contracts, Invoices & Legal

The The President administration's exploration of a public offering tied to the government-sponsored enterprises spurred debate at a Bipartisan Policy Center event. 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

Washington Federal Bank and Planet Home Lending are both off the hook for the remainder of their consent orders, which the bureau quietly terminated. View the full article

Seven filings were submitted in response to President Donald The President's request for the Supreme Court to remove barriers from ousting Federal Reserve Gov. Lisa Cook before litigation proceeds. Most filings argued for the Court to deny the president's application. View the full article

OCMBC launched its new wholesale lender, GIANT Lending, amid a poaching controversy with the naming rights to its old DBA, Jet Advantage. 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

The CDFI Fund is updating definitions of eligible activity to be considered for the funds, including removing climate-focused financing and references to race and ethnicity. View the full article

Washington, D.C. and Denver lead the country with the largest share of mortgaged households, and will likely soon see a shift in buyer demand, Realtor.com said. View the full article

The recent decline in mortgage rates and rising incomes helped improve buyer affordability, but record home prices remain formidable obstacles. View the full article

Since the first day of the meeting, the 10-year Treasury yield has increased 16 basis points, with mortgage rates rising as a result, various trackers showed. View the full article

Federal Reserve Bank of Kansas City President Jeff Schmid said that the central bank should continue its focus on curbing inflation, as the job market is "largely in balance." View the full article

The push by some The President officials to bring charges against James had stalled as former U.S. Attorney Erik Siebert determined their wasn't enough evidence. View the full article

The real estate agent's guilty plea is the first under the law passed last summer, following thousands of deed theft complaints in the past ten years alone. View the full article

The top Senate Democrat pressed Treasury Secretary Scott Bessent for more details about the The President administration's efforts to take the mortgage giants public. View the full article

FHFA's announcement has investors increasingly concerned about the Bozeman, Montana-based FICO losing both pricing power and a competitive edge. View the full article

Lenders recognize the value of regular review of the tech stack, but their approach needs to involve year-round check-ins and conversations with vendors. 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

As home prices reach new heights, mortgage expenses are unaffordable for the typical earner in a third of the nation's largest 580 counties, according to Attom. View the full article

The embattled regulator has dropped more than half its Biden-era docket, including cases against Apple and U.S. Bank. But insiders at the bureau say that's just the beginning. View the full article

Mortgage applications increased 0.6% last week after jumping 29.7% the week prior, according to the Mortgage Bankers Association. View the full article

The latest reports from ICE Mortgage Technology and VantageScore appear to be in line with hints at growing borrower pressure officials are eyeing in policy. View the full article

The title industry sustained improvement first seen last year, with second-quarter premium totals up on both a quarterly and annual basis, ALTA said. View the full article

The lender is seeking to dismiss the lawsuit, calling the purported scheme to also deprive its loan officers of full compensation implausible. View the full article

The data suggest U.S. homebuilders are successfully luring buyers off the sidelines with aggressive sales incentives. View the full article

The St. Petersburg, Florida-based company plans to market 18.4 million shares for $18 to $20 each, according to its Securities and Exchange Commission filing. View the full article