Contracts, Invoices & Legal

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

Foreclosure filings were reported on more than 360,000 properties in the United States last year, up 14% from 2025 and 3% from 2023, according to Attom. View the full article

The lender claims the ransomware gang behind a breach provided proof it deleted compromised customer information, and it hasn't appeared on the dark web since. View the full article

United Wholesale Mortgage sees this branding partnership as an opportunity to recruit workers in its home market in the Detroit area, CMO Sarah DeCiantis said. View the full article

The Federal Deposit Insurance Corp. Thursday finalized a framework for banks to appeal supervisory determinations, replacing the agency's existing appeal committee with an independent three-member panel, one member of which must have industry experience. View the full article

The pending agreement would resolve claims over a 2021 hack which affected 5.8 million customers of Lakeview, Community, and Pingora Loan Servicing. View the full article

Mortgage subsidiary Newrez expects to begin moving borrowers onto the platform by 2027, with the deal marking its second major tech investment this year. View the full article

Pulte says a GSE stock offering remains likely in 2026, but other policy paths are in play. NMN survey data shows the industry expects broader changes first. View the full article

Industry participants are turning to trade organizations, vendors and each other to barnstorm ways to get more out of their marketing spend and remain compliant. View the full article

The mortgage company, even though it is owned by a bank, has been profitable for the last two years, when considering its originations operations, as it does. View the full article

Social media posts point to a 40% to 100% price hike this year, the latest in a series of hikes started in 2023, when for some lenders prices rose 400%. View the full article

A federal judge threw out the criminal charges against former FBI Director James Comey and New York Attorney General Letitia James, ruling that the prosecutor who brought the cases had been illegally appointed. View the full article

Years ago, the Federal Housing Administration helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes. View the full article

Federal Reserve bank supervisors are monitoring community and regional banks' commercial real estate portfolios amid concerns over "lower commercial property values," the agency said. View the full article

Artificial intelligence isn't an algorithmic takeover but an essential wealth management tool. View the full article

In the New Jersey case, MV Realty and its principals agreed to pay $28 million in fines and restitution for these "Homeowner Benefit Agreements." View the full article

Bank statement loans, a home equity credit card and a blockchain investment product are among the new offerings designed to reach an $11 trillion market. View the full article

A recent Remax survey found 88% of respondents said they are "very" or "somewhat likely" to purchase a home next year. View the full article

The bond market isn't buying President Donald The President's idea that faster rate cuts will send bond yields sliding down and, in turn, slash the rates on mortgages, credit cards and other types of loans. View the full article

Hildene, which partners with Crosscountry Mortgage for non-QM securitizations, is doing this deal as part of its buy of an annuity provider, SILAC. View the full article

Charlie Scharf has a mostly optimistic take on Wells' consumer banking prospects entering 2026. But he's more downbeat about the company's once-dominant residential mortgage business. View the full article

With the Federal Reserve decision largely factored in, Jerome Powell's comments on future outlook is more likely to influence the housing market. View the full article

The Rithm affiliate that acquired Specialized Loan Servicing will pay $4.65 million, an amount that includes borrower restitution. View the full article

The Federal Reserve said in a statement that its "understanding of innovation products and services have evolved" since the initial guidance was published in 2023. View the full article

The professionals can't originate loans in their local cities for various stretches, following a federal judge's ruling granting most of the lender's wishes. View the full article