Contracts, Invoices & Legal

Some observers say changes to MSR risk-weighting would have limited near-term impact and are unlikely to prompt banks to rush back. View the full article

The typical homebuyer's down payment in the United States decreased 1.5% year over year to $64,000 in December, Redfin said. View the full article

Home buyers working with the originator won't have to liquidate their digital assets to access purchase, refinance, second-home or investment loans. View the full article

Federal Deposit Insurance Corp. report shows margins widened and profitability remained high even as credit quality saw some wobbles from consumer and commercial loan portfolios. View the full article

The Federal Housing Finance Agency said it is reviewing more than 9,000 pages of records tied to fraud tips submitted through a hotline launched last April. View the full article

Even with the increase in business, Fidelity National Financial reported a net loss for the period, a result of the stock distribution for its life unit. 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

Rate discounts are available for both refinance and purchase mortgage applications from several lenders including UWM, Carrington, Chase and Silver Hill. View the full article

These home lenders with 500 or more employees are considered among their staffs the best mortgage company to work for in 2026. View the full article

Nonagency underwriting is expanding but the public sector is a different story due to recent performance issues, according to the Mortgage Bankers Association. View the full article

The long-defunct Nationwide Biweekly Administration, accused in 2015 of deceptive marketing, has been ordered to pay a $7.93 million civil money penalty. View the full article

In three separate appearances Thursday, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said they are worried that U.S. involvement in the war with Iran could drive up inflation, leading them to conclude that interest rates should remain steady in the near term. View the full article

The real estate fintech touted Doma's role in Fannie Mae's title-acceptance pilot as key to the deal, which follows Opendoor's recent mortgage product rollout. View the full article

While San Francisco had the biggest improvement in affordability for prices today versus 2019, Hartford remains in a very deep freeze, First American said. View the full article

HECM endorsements rose 16% in March to 2,117 loans, but monthly volumes remain near their slowest pace since last summer as proprietary reverse products quietly steal market share. View the full article

Bills in Congress, capital rules, GSE reform and credit modernization hold a mix of benefits and risks for Independent Community Banker of America members, Senior Vice President Ron Haynie says. View the full article

Newly minted doctors want to buy homes but because of student debt and job history, likely can't even meet the wider jumbo underwriting criteria without help. View the full article

Company team members, including those in affiliated business arrangements, will be eligible; real estate and joint venture agent partners will not be. View the full article

The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said. View the full article

SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices. View the full article

Here are the 50 women who did the most dollar volume for the previous 12 months in this year's Top Producers survey. View the full article

The Senate voted 54-45 to confirm Kevin Warsh to lead the central bank. Warsh will take the reins from Jerome Powell, who said he will remain on the Federal Reserve Board. View the full article

Rocket Mortgage pointed to United Wholesale Mortgage's refinance promotions and comments by Mat Ishbia to induce brokers to breach non-solicitation agreements. View the full article

While Freddie Mac's weekly data found the 30-year average inching lower, 10-year Treasurys swung in the other direction after this week's economic release. View the full article

First-time buyer ages and declining homeownership rates demand bold federal action on taxes, condos and financial literacy, according to the head of the CHLA. View the full article