Contracts, Invoices & Legal

Lending for new single-family homes jumped 11% from a year ago and 26% from February, the Mortgage Bankers Association said. View the full article

Federal Reserve Gov. Stephen Miran Thursday said that the Iran war and tariffs will not have long-term impacts on inflation, but did say he is reconsidering his rate cut outlook for the year. View the full article

Equifax Inc. said the Iran war prompted more caution about the outlook for the rest of the year, even after a surge in mortgage applications drove first-quarter revenue growth to the fastest in more than four years. View the full article

The company that the global firm is investing in owns a U.S. mortgage correspondent business and another domestic lender that does business with brokers. View the full article

Assistant Secretary for Fair Housing and Equal Opportunity Craig Trainor encouraged the real estate industry to reconsider advice received from DEI experts. View the full article

United Wholesale Mortgage is one of multiple home lending partners Dan Sogorka and Mike Fawaz's new company plans to bring on board. View the full article

Bank groups said that although the Federal Reserve's eased capital plans are a major improvement over previous versions, the recent proposals still need changes to help avoid risk assessments they say may hinder banks' ability to boost lending. View the full article

Competitive credit could offer nine-figure cost benefits, according to a study VantageScore cited. Meanwhile, FICO added a tool to help borrowers qualify. View the full article

Over half of all second-home inventory in the U.S. is concentrated in just eight states, with Florida leading the pack, according to analysis by NAHB. View the full article

About two-thirds of respondents to a NewDay survey said their education about the benefit was lacking either during their time in the service or afterwards. View the full article

The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said. View the full article

The contract rate on a 30-year mortgage dropped for a third week to 6.35%, the lowest since mid-March View the full article

The company will be using a simplified name and a new logo it says shows its unified business model, but its longstanding tagline will stay in place. View the full article

Treasury Secretary Scott Bessent on Wednesday defended cuts to the Community Development Financial Institution Fund in the president's 2027 budget, telling the Senate Appropriations Committee that the program had pursued a "partisan wish list." View the full article

Toll Brothers' purchase of Buffington Homes of Arkansas will extend its national outreach with a strong presence in northwest Arkansas, the company said. View the full article

The Long Island-based regional bank, which has been in turnaround mode for two years, reduced its earnings per share guidance for 2026 and 2027. It cited an expected decrease in net interest income due to higher levels of payoffs and paydowns in commercial real estate. View the full article

Real is acquiring Motto's parent Remax in a deal valued at $13.80 per share, as the new Real Remax Group will have "two distinct models, one platform." View the full article

Top mortgage originators ranked 175-101 share their client retention strategies, from face-to-face meetings to AI and CRM tools, as the industry eyes a 2026 purchase market shift. View the full article

CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20. View the full article

Growth in retained and investment portfolios drove gains as the government-sponsored enterprise reported the highest refinancing share seen in four years. View the full article

The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss. View the full article

A recent executive order encouraging changes to the Consumer Financial Protection Bureau's Ability-To-Repay and Qualified Mortgage rules are adding to a packed agenda at a time when the agency has lost a third of its staff. View the full article