Contracts, Invoices & Legal

Lendwise filed a complaint against Priority Financial Network, claiming it falsely reported to partners that Lendwise organized an "Amended Returns Scheme." View the full article

Treasury yields look oversold after a rough week, but technical patterns still point to a broader uptrend that could push the 5- and 10-year closer to 5%, according to the head of correspondent business development at AD Mortgage. View the full article

Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information. View the full article

Artificial intelligence has opened the door for innovations ranging from virtual economists and compliance assistants to lender-profitability forecasting. View the full article

The government MBS guarantor ended a 15-day advance notice mandate for extensions on a filing deadline so those with a March 31 due date can still ask for one. View the full article

A new EquityProtect scorecard finds 16 states have no deed fraud laws, leaving homeowners vulnerable as real estate fraud losses topped $275 million in 2025, with seniors bearing the heaviest financial burden. View the full article

Market watchers say that the economy as a whole is holding up under higher energy prices and do not expect a recession. Even so, observers are watching financial markets and consumer spending for signs that inflation expectations are taking hold. View the full article

Lenders at the MBA conference say non-agency is more than just non-QM — and those still treating it as a niche product are falling behind as it becomes a core part of the business. 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

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

Nearly 20% of homeowners had a mortgage rate of at least 6% in the second quarter of this year, signaling Americans are warming up to higher rates, Redfin said. 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

The credit scoring agency's rollout comes after years of criticism from home lenders over its prices, with delivery costs rising over 40% in the past year. View the full article

The city-owned venue will promote the broker search website by team owner Mat Ishbia's mortgage company for 10 years in a $115-million deal. View the full article

Even without the marquee data from the Bureau of Labor Statistics — which won't be published on Friday due to the government shutdown — a number of private-sector indicators out in recent days pointed to sluggish hiring, limited layoffs, modest pay gains and easing demand for workers in September. View the full article

The ongoing government shutdown prevented the Bureau of Labor Statistics from releasing its September jobs report Friday, but job growth appears to be softening. The lack of reliable government data comes as the Federal Reserve mulls further interest rate cuts. View the full article

VantageScore's claims of outperforming Classic FICO rely on flawed methods and biased comparisons that overstate its impact, according to analysts from AEI Housing Center. View the full article

Mortgage companies see a lending future backed by artificial intelligence, but there may be as many questions as answers to what the path might look like. View the full article

The Senate confirmed former Federal Deposit Insurance Corp. board member Jonathan McKernan to serve as Treasury's under secretary for domestic finance on a party-line vote, installing a key industry ally in the Treasury Department. View the full article

The new platform already counts two lenders as embedded partners, with the rollout coming as mortgage leaders see rising demand coming for DSCR loans. View the full article

The Charlotte, North Carolina-based bank reported net income of $1.45 billion for the third quarter and earnings per share of $1.04, which beat analysts' forecast of $0.99 per share. View the full article

The Cincinnati, Ohio-based bank delivered third quarter earnings that mostly met expectations, even as it took a $200 million blow to credit. View the full article