Contracts, Invoices & Legal

The lender and servicer, which continues to make investments ahead of a future high-demand cycle, has reported tumbling margins in the past year. View the full article

Finance of America's earnings per share came out to $1.10, double that of the first quarter of 2025 and well above the a S&P Capital IQ Pro consensus estimate of $0.84. View the full article

The percentage of investors who view the market as better than it was a year ago fell to 36% from 45% in the winter, according to a spring survey. View the full article

Rocket Cos. gave generous stock awards to its leaders for a busy year, while Better Home & Finance awarded raises to leaders after a difficult stretch. View the full article

Lender and servicer Loandepot, reeling from a larger loss in the first quarter, could use the potential funds to cover daily operations or repay debt. View the full article

The former Fed governor's upcoming confirmation hearing will test whether he can satisfy both a president demanding lower rates and a Congress demanding independence. View the full article

Developers including D.R. Horton Inc., Lennar Corp. and KB Home all missed expectations last quarter and estimates suggest both sales and earnings have fallen further as conflict in the Middle East unsettled buyers and raised costs. View the full article

First Mortgage Co., a long-defunct lender led by convicted executive Ron McCord, blamed the advisory firm for his failure to accept a $20 million offer. View the full article

Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs. View the full article

Builder mortgage units saw Q1 profit slides (NVR down 17%) despite an 11% rise in new home loan applications. Overall homebuilder net income dropped, and sales incentives remain high. View the full article

Check out the initial reveal of the 28th edition of National Mortgage News' Top Producer survey, in a year where falling rates helped industry-wide volume. View the full article

The NEXA CEO accused his rival of lashing out at his company despite its own alleged wrongdoing in poaching loan officers and diverting loans. View the full article

M&A, complementary to widespread artificial intelligence implementation, is also high on the list of upcoming priorities for new Dark Matter CEO Vikas Rao. View the full article

State mortgage regulators are increasingly treating supervision as enforcement, imposing large fines even when companies fix issues quickly, writes the head of public policy at NewRez. View the full article

The government-sponsored enterprise recorded $98.7 billion in single-family loan acquisitions to begin the year, including over $43 billion in refinances. View the full article

Higher utilization and aggregate excess payments point to pressure, according to TransUnion. Debt-to-income averages remain below traditional mortgage caps. View the full article

The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted. View the full article

The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans. View the full article

Even as they continue to press for additional changes, banks get some wins from the revised Basel capital framework and a ballpark estimate of their capital outlook for the next few years. View the full article

The GSEs' financials are strong but odds are against a short-term change to conservatorship that would give stockholders access to their profits, Mizuho said.

In addition to 10 new AI agents for financial services, the company announced partnerships with software and data providers FIS, Microsoft, Verisk, Third Bridge, Fiscal AI, D&B, Experian, GLG, Guidepoint and IBISWorld. View the full article

The company turned a GAAP profit of $170.4 million for the quarter, with its volume and margins relatively flat compared with the fourth quarter of 2025. View the full article

Alongside its cloud-based brokerage, the company said the acquisition will transform eXp's existing infrastructure into a multi-model platform. View the full article

The changes include clearer and revamped questions and updated requirements for criminal, regulatory and financial disclosures, the CSBS said. View the full article