Contracts, Invoices & Legal

The former American Fidelity Financial Services LO helped others scam homeowners out of their loan proceeds for shoddy or nonexistent home repairs. View the full article

Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup. View the full article

Selected companies will have the opportunity to demo their compliance-related solutions at a February 2026 tech sprint following a December kickoff event. View the full article

Contract closings increased 1.5% to an annual rate of 4.06 million in September, the highest in seven months, according to National Association of Realtors figures released Thursday. View the full article

Robert Hartheimer's arrest comes at a time when the bank is trying to recover from a consent order and the Synapse mess. View the full article

The deal will help drive development at Mortgage Cadence, which had been a unit of Accenture, and enable new integrations and automation, according to leaders. View the full article

Zillow Home Loans originated 57% more purchase mortgages versus the third quarter of 2024, with production and segment revenue growth beating estimates. View the full article

Three Federal Reserve officials said they did not support the US central bank's decision to cut interest rates this week, citing inflation that remains too high. View the full article

The new president, a 35-year industry veteran, explains the value every lender, vendor and regulator can get by participating in the standards organization. View the full article

More profitable companies are weighing deals because they're bullish on their leverage or are simply eying today's big price tags, the expert said. View the full article

Congressmen introduced the Retroactive Renewal and Reauthorization Act to the House Monday, with hopes to backdate the reauthorization of the insurance program. View the full article

Delinquencies are at their second highest level in three years, led by deterioration in the performance of FHA loans, the Mortgage Bankers Association said. View the full article

Home Depot's bleak forecast provides another warning about the strength of US consumers in the absence of official economic data during the US government shutdown. View the full article

Federal Reserve Gov. Stephen Miran reiterated his view that monetary policy has become more restrictive than economists think, but expressed increased urgency that the central bank take strong corrective action. View the full article

The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. issued a final rule Tuesday that softens leverage demands for the biggest and most systemically risky banks and lowers the community bank leverage ratio to 8%. View the full article

An expanded data set based on the third quarter annual price changes is what U.S. Federal Housing uses to calculate next year's conforming loan limits. 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

AI's capabilities far exceed how the technology is being used in mortgage, but an all-in strategy will quickly put companies ahead of the pack, leaders say. View the full article

Wells Fargo, JPMorgan Chase, U.S. Bancorp and Citigroup will streamline borrower requests for an additional 90-day forbearance, allowing verbal applications. View the full article

With ongoing affordability issues, the Federal Housing Administration program will keep taking low down payment market share from the private mortgage insurers. View the full article

Cryptocurrency development in the mortgage industry has accelerated in no small part from easing regulation and a push from FHFA Director Bill Pulte. View the full article

Representatives of both insurers and policyholders point out multiple flaws in the new laws and additional proposed bills. View the full article

The company reported net income of $5.6 million in 2025, up 61.9% from the year prior, while mortgage banking revenue decreased by $120,000, or 39.5%. View the full article

Treasury yields are diverging, charts are breaking down and trading looks two-sided into the FOMC, according to the CEO of IF Securities. View the full article

The Federal Housing Finance Agency and Ginnie Mae agreed to look more closely at credit line use, according to the Government Accountability Office. View the full article