Contracts, Invoices & Legal

The credit score firm partnered with Plaid to bring additional cash-flow data into its previously released UltraFICO score. 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

Private-sector payrolls decreased by 32,000, according to ADP Research data released Wednesday. Payrolls have now fallen four times in the last six months. 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

A significant portion of the loans in the pool by balance, 44.5%, are designated at non-QM, according to DBRS, adding that about 50% of the loans in the pool were made to investors for business purposes. 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

IMBs outperform banks, face outsized scrutiny, and confront rising affordability challenges, according to the President of the Community Home Lenders of America. View the full article

In a speech Tuesday, Federal Reserve Gov. Michael Barr said it was possible that artificial intelligence will boost productivity in an undisruptive way. But he said policymakers should also be wary of a financial crash if those gains are not realized or a rapid adoption that could lead to labor displacement. View the full article

The Bureau of Labor Statistics reported that the economy lost 92,000 jobs in February while unemployment held steady at 4.4%, a development that could spur the Federal Reserve to question whether interest rates are truly in balance. View the full article

Pending sales of US existing homes unexpectedly rose in February for the first time in three months as buyers took advantage of lower mortgage rates and slower price growth. View the full article

Americans 70 years or older held 26% of the United States' $48 trillion in real estate wealth in the third quarter of last year, Redfin said. View the full article

The contract rate on a 30-year mortgage rose 11 basis points to 6.30% in the week ended March 13 following a similar advance at the week before, according to Mortgage Bankers Association data released Wednesday. View the full article

Two top housing platforms disagree on the best week to list in 2026, but both agree a rare window for sellers is opening this spring. View the full article

Overlooked controls and fragmented oversight leave mortgage lenders exposed to enforcement, litigation, and reputational damage. Learn how to close the gaps. View the full article

More than 42,000, or 13.7%, of home-sale agreements in the United States fell through in February, according to a new Redfin report. View the full article

Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans. View the full article

Roughly a third of homeowners with a mortgage rate less than 6% would not give up their rate for any reason, according to a survey of 1,000 mortgage holders. View the full article

U.S. Attorney for the District of Columbia Jeanine Pirro said in a social media post Friday morning that the Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, clearing a path for Kevin Warsh to be confirmed as Powell's replacement. View the full article

Economic uncertainty weighed on risk appetite, but the current performance of the non-QM market is "durable," Angel Oak leaders said in an earnings call. View the full article

The lender says it's willing to "cut costs deeper" if macroeconomic conditions hinder it from reaching a breakeven adjusted EBITDA goal later this year. View the full article

Homebuyers applying for Federal Housing Administration loans in community property states are facing hurdles that current market conditions have heightened. View the full article

The St. Petersburg, Florida-based company plans to market 18.4 million shares for $18 to $20 each, according to its Securities and Exchange Commission filing. View the full article

The recent decline in mortgage rates and rising incomes helped improve buyer affordability, but record home prices remain formidable obstacles. View the full article

Federal Reserve Vice Chair Philip Jefferson said despite the near term cloudiness to economic projections, he does expect inflation to resume its downward trajectory next year and reach the Fed's 2% inflation target in the coming years. View the full article