Contracts, Invoices & Legal

With the increase in investor-owned properties, the risk of undisclosed real estate fraud, including occupancy misrepresentation, rose 9% in the third quarter. View the full article

While the tone is still generally upbeat, the market is mired below October's price highs and yields are range-bound. View the full article

The provider of actuarial-related services is bringing a company that provides mortgage servicing rights analytics and risk management into the fold. View the full article

The terms of NRMLT 2025-NQM7 will not allow it to advance principal and interest on loans that are delinquent by 180 days or more. View the full article

The investor markets already set mortgage rates to include the 25 basis point reduction the FOMC announced, and it is too early to see the longer-term effect. View the full article

Leading Democrats on the Senate Banking Committee sent a letter to Chair Tim Scott, R-S.C., pointing out the as-yet unsatisfied legal requirement for prudential regulators to appear in Congress semiannually. 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

A rise in issuance of nonqualified mortgages and seconds is in the forecast but home prices, credit and the GSEs may impact private-label bonds' trajectory. 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

Across-the-board decreases across all loan types drove the Mortgage Bankers Association's full credit availability index to its lowest in three months. View the full article

A consumer retreat contributed to the trend, which may be getting a closer look as the The President administration weighs a ban on institutional purchases. View the full article

Federal Reserve Vice Chair for Supervision Michelle Bowman warned that labor market conditions could weaken further and said the central bank should avoid signaling a pause in monetary policy. View the full article

Founding partner Bob Lyons will help ensure continuity. Frank Pallotta and Kathleen Koprowski will lead an advisory board for the auditing and consulting firm. View the full article

President Donald The President's support of legislation that would cap credit card interest rates at 10% has flagged in recent weeks, but experts say that the debate has highlighted significant gaps in regulators' understanding of the credit card market and how its risks are priced. View the full article

State regulators and attorneys general could be picking up the gauntlet on anti-kickback provision enforcement, especially in the mid-Atlantic states. View the full article

A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber. View the full article

Federal Reserve Bank of Kansas City President Jeff Schmid said the US central bank should hold rates at a "somewhat restrictive" level, as he expressed continued concerns over inflation that remains too high. View the full article

Some market sectors face growing challenges related to a K-shaped economy as servicers play an increasingly important role in keeping customers. View the full article

Federal Reserve Vice Chair for Supervision Michelle Bowman said in comments Wednesday that the central bank plans to publish its Basel III endgame capital proposal for public comment before the end of March. View the full article

The credit reporting agency must revise its customer agreements because a judge disagreed with its attempt to end the case through an arbitration clause. View the full article

The top employers in home lending value business partners with a large market share and reach but they also need to differentiate themselves. View the full article

The bank exited the $1.95-trillion asset cap last year, but it had remained subject to the rest of the eight-year-old order. View the full article

The company dropped the broker channel just months after Frank Martell became CEO; now that Anthony Hsieh is running things again, Loandepot brought it back. View the full article

The offering marks a fresh attempt by Ackman to bring his long-term investment strategy to a broader base of investors, with a vision inspired by Warren Buffett's Berkshire Hathaway Inc. View the full article