Contracts, Invoices & Legal

Restricting institutional investors is bad policy, but reforming 1031 exchanges and requiring public listings for HUD homes could boost affordability, according to the Chairman of Whalen Global Advisors. View the full article

The four major underwriters had an increase in first quarter open orders versus the end of 2025 in spite of data showing the number of units produced declined. View the full article

Rocket Mortgage pointed to United Wholesale Mortgage's refinance promotions and comments by Mat Ishbia to induce brokers to breach non-solicitation agreements. View the full article

House lawmakers scrapped a ban on big-money investors from purchasing single-family homes, opting for a path that clears the bill's legislative hurdles. View the full article

First-time buyer ages and declining homeownership rates demand bold federal action on taxes, condos and financial literacy, according to the head of the CHLA. View the full article

On a dollar basis, mortgage bankers earned $53 more on each origination versus the fourth quarter, while servicing net income was $64 higher comparatively. View the full article

The government-sponsored enterprise sees current rate levels likely to stick for longer compared to past forecasts, with the Iran War looming in the background. View the full article

A shareholder who claims no bias between United Wholesale Mortgage and CrossCountry Mortgage suggests the servicer must answer to recent allegations. View the full article

Achieve launches a correspondent channel for its fixed-rate HELOC, Deephaven ups its loan limit to $1M, and Planet expands into non-agency TPO products including non-QM and DSCR loans. View the full article

The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions. View the full article

The Consumer Price Index for April showed consumer prices rising across all categories, including food and shelter costs, and up 3.8% year-over-year. Grocery prices rose 0.7% from the month prior. View the full article

Post-pandemic rule changes also have driven the Department of Veterans Affairs' number higher too but not as much as the Federal Housing Administration's. View the full article

The retail giant added a pro-rated dividend for TWO stockholders that would deliver a cash value potentially greater than UWM's latest offer. View the full article

The Real Brokerage's Agent Optimism Index, which measures agents' 12-month outlook, increased to 64 in April from 62 in March, but still below February's 70.3. View the full article

The newest version of the House housing bill would make a ban on institutional investors owning some homes less harsh than the Senate version by removing a seven year mandate on selling build-to-rent homes. View the full article

The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died. View the full article

With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said. View the full article

Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending. View the full article

While Freddie Mac's weekly data found the 30-year average inching lower, 10-year Treasurys swung in the other direction after this week's economic release. View the full article

An index of home-purchase applications fell 4.1%, the most since the week ended March 20. View the full article

Delinquencies among recent FHA originations are showing up alongside a notable volume of subordinate liens carried by the borrowers. View the full article

A capital rule overhaul could make bank charters attractive to independent mortgage banks, reshaping who controls home lending in America. View the full article

Department of Housing and Urban Development officials indicated that there are improvements in some delinquency stages and cure rates are better than expected. View the full article

The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units. View the full article

Zombie properties rose quarter over quarter in 38 states and the District of Columbia, according to Attom's latest Vacant Property and Foreclosure Report. View the full article