Contracts, Invoices & Legal

The Mortgage Collaborative, Lereta welcome new CEOs, Planet Financial adds retail sales, title execs, Southern Bancorp names new head of production plus more industry moves. View the full article

A March 2025 survey by the National Association for Business Economics shows growing inflation concerns — and a diminishing chance of rate cuts — in 2025, but also optimism about avoiding a recession. View the full article

The Fannie Mae Home Purchase Sentiment's February drop is looking like a precursor for what might be a difficult 2025 Spring homebuying season. View the full article

Scott Turner, secretary of the Department of Housing and Urban Development, extended borrowers more leeway after he toured the region with a local official. View the full article

On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable. View the full article

The grandson of the PulteGroup founder did not elaborate on plans for a much-anticipated government-sponsored enterprise exit from conservatorship. View the full article

The top five banks had a combined loan volume of more than $1 trillion held in portfolio at the end of Q4 2024. View the full article

Servicers—Citadel, NewRez and Selene Finance—will not advance any delinquent principal and interest. Eventually, that should reduce loss severities to the deal. View the full article

As the risk of a recession rises, commercial real estate loans remain a major concern for banks and industry participants. One observer asked: "Is '25 the year where sellers start to capitulate, call a loser a loser, and move on?" 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

While the March 3 submission deadline holds firm, compliance experts suggested guidance inquiries for Home Mortgage Disclosure Act filers could be lacking. 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 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

Fannie Mae increased its mortgage volume and home sales predictions, but that comes from cutting its forecasts for U.S. gross domestic product growth in 2025. View the full article

Wall Street's pandemic gem is facing a broad selloff Wednesday as fears of constrained homebuilders' margins, bloated inventories and elevated mortgage rates rattle investor sentiment. 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

Clear regional differences appeared in the average tax amounts owed across the U.S., with residents of one state seeing five-figure sums, Attom said. View the full article

Metrics the influential government-related mortgage investor is adding appear to be in line with a broader move to examine the impact of serial loss mitigation. View the full article

Its Arc Home lending business made money in December and January as the company leans more into home equity originations, which helped financial performance. View the full article

Federal regulators' plan to rescind reforms to the anti-redlining Community Reinvestment Act implementation rules disappoints community advocates, but gives banks clarity by reverting to longstanding CRA rules. View the full article

The enterprise failed to improve on its net income but did report a steady profit, and got closer to meeting minimum risk-based regulatory capital requirements. View the full article

The regulator is reviewing Fannie's operations and those of another government-sponsored enterprise, where there was reportedly a separate executive departure. View the full article

A survey of senior bank officers at community banks by fintech firm IntraFi found bankers nearly evenly divided on the idea of merging federal bank regulators, while an overwhelming 93% support maintaining agency independence. View the full article

Russell Vought, should he be confirmed by the full Senate, would join a short list of those able to lead the CFPB, as his predecessor Mick Mulvaney did, per the requirements of the Vacancies Act. View the full article

The Federal Deposit Insurance Corp. board of directors approved a proposal to roll back its 2024 merger policy, reinstating previous guidelines while charting a new policy toward bank combinations. View the full article