Contracts, Invoices & Legal

Southeast homeowners affected by the storms last fall submitted a combined over 78,500 flood insurance claims to the National Flood Insurance Program. View the full article

Treasury Secretary Scott Bessent expects the U.S. housing market to quickly pick up steam after recent indicators came in below forecasts. View the full article

The confabs are a sign that Republicans are getting serious about negotiating the contours of a tax deal, even as the House and Senate are pursuing separate strategies. View the full article

The Department of Veterans Affairs ended a break for borrowers put at a disadvantage by a discontinuation of pandemic aid as they transitioned to a new program. View the full article

The postponement would pertain to Federal Housing Administration-insured single- and multifamily loans and other final determination dates that have not passed. View the full article

Any rollback in property taxes would require enough signatures to place a question on the ballot and pass with at least 60% of support from Florida voters. View the full article

Bids were due last week for the portfolio of so-called jumbo mortgages from US homeowners with relatively high credit scores. View the full article

The president of the union for department employees claims 50% of HUD's workforce will be cut, and government contracts were being scrutinized. View the full article

Momentum against Maryland guidance that extends licensing requirements to securitization trusts is growing and some legislators want to scale it back. View the full article

At the same time builders and lenders report contracting credit on offer, sentiment in the residential construction industry improved in the latter half of 2024. View the full article

While companies can use a variety of incentive programs and bonuses, businesses with staff longevity frequently rely on a more personal touch. View the full article

The partnership between the customer contact software provider and the operator of the Empower loan origination system was announced nearly one year ago. View the full article

The 17.2% of mortgage borrowers nationwide with interest rates equal to, or greater than 6%, is the largest share since 2016, according to Redfin. View the full article

A just-released McKinsey report predicts strong growth for market data providers, but analysts note that big tech companies are encroaching. View the full article

A House Financial Services Committee spokesperson said the committee will hold its required semiannual hearing with the Consumer Financial Protection Bureau director after nominee Jonathan McKernan is confirmed rather than with interim director Russell Vought. View the full article

The MBA disclosed the year-end rankings of income-producing mortgage servicers at its yearly conference for this part of the industry. View the full article

Popular industry expert finds home at Ingenius, ICE, Black Knight and Freddie Mac alums move to new companies and Visio Lending appoints board member as CEO. View the full article

Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said. View the full article

Portfolio enhancements and diversifications cushion the impact of the L.A. wildfires from RMBS losses. View the full article

Compliance concerns prevent some lenders from moving toward development of an AI plan or policy, but hesitancy may turn out to be a poor business strategy. View the full article

An explicit guarantee for Fannie Mae and Freddie Mac could cause the risk weighting of agency MBS to decline, in turn freeing up banks' balance sheets. View the full article

As the Federal Reserve's overnight reverse repurchase agreement program nears zero, pressure could mount on the central bank to slow or stop its asset runoff as it fights inflation. View the full article

The good news in the Consumer Price Index report has not carried over to the 10-year Treasury yield and thus mortgage rates, Freddie Mac found. View the full article

While prices and mortgage rates are having an effect on consumers, homeownership is still more affordable than renting in much of the country, new research found. View the full article

The rapid rise in the cost of both insurance coverage and taxes leaves close to half of homeowners worried about their ability to make payments. View the full article