Contracts, Invoices & Legal

With today's low inventory, an MIP reduction would again be absorbed into home prices, offering no real relief to buyers, write the co-directors of the AEI Housing Center. View the full article

Mr. Cooper expects close to 350 former Flagstar employees to be integrated as team members. View the full article

The company turned to automation to address pain points it found in working with lines of credit that mortgage lenders are increasingly originating. View the full article

Rising insurance costs are leading providers and condo associations to consider changes to policies that would make some loans ineligible for GSE sale. View the full article

Hsieh stepped down from a day-to-day operational role following a contentious proxy battle for board leadership in 2023 but remained a director. View the full article

Mortgage and housing industry groups cheered the U.S. Senate vote, which found only two Democrats crossing over to support Scott Turner's nomination. View the full article

Mortgage companies under scrutiny could see a reprieve, while the status of functions like behind-the-scenes guidance inquiries is uncertain, experts say. View the full article

Rocket expects the combined company to achieve more than $200 million in run-rate synergies by 2027, it said in a statement. View the full article

The increase in refinance originations in the fourth quarter trickled down to the title insurers, which reported year-over-year gains in new orders. View the full article

Contract closings in January decreased 4.9% to an annualized rate of 4.08 million, data released Friday by the National Association of Realtors show. 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

Acting Consumer Financial Protection Bureau Director Russell Vought said all diversity, equity, inclusion and accessibility policies "will cease immediately," adding that employees may be investigated if they go against the order. View the full article

Housing finance players accused of wronging consumers slammed the lawsuits as politically motivated efforts by former Biden-era bureau director Rohit Chopra. View the full article

The 30-year conforming fixed-rate mortgage is at its lowest point since the end of December, as Treasury yields are 29 basis points lower since Feb. 19. View the full article

As homeowners insurance becomes expensive and hard to find, mortgage loan officers should work closely with insurance agents, said Travis Hodges of Viu by Hub. View the full article

As climate change causes more frequent disasters, more mortgages are at risk of going underwater. How can banks limit their exposure? View the full article

Sen. Mike Rounds, R-S.D., has filed a Congressional Review Act resolution to repeal the Consumer Financial Protection Bureau's rule barring medical debt from credit reports. View the full article

The acquisition bucks recent trends that saw depository banks eliminate mortgage lending, but the 2025 market environment may be favorable for consolidation. View the full article

Lenders increased offerings in jumbo and non-QM segments as the industry focuses on customers with strong credit, the Mortgage Bankers Association said. View the full article

In a public appearance Thursday, Federal Reserve Gov. Christopher Waller said the Founding Fathers supported independent money management and undoing it now would be a mistake. View the full article

The organizations play a critical role in our economy, providing affordable single family mortgage loans to enable homeownership, writes the Executive Director of the Community Home Lenders of America View the full article

Joseph Otting, who is leading Flagstar's turnaround, said potential buyers may be interested in acquiring the regional bank once it gets past certain challenges. View the full article

Foreclosure filings increased 7% in January from December, which could be a housing market starting to experience trouble, or a post-holiday return to normal. 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

A national gauge of prices rose 3.9% from a year earlier, according to data from S&P CoreLogic Case-Shiller. View the full article