Scaling from Freelancer to Business Owner

Recent double-pledging scandals in auto lending and the U.K. put U.S. mortgage lenders on alert. Here's what to watch and how MERS, e-notes and electronic vaults can help. View the full article

Calyx Path's integration with Friday Harbor clears paperwork for underwriters, while Dark Matter's Ask Aiva quick verifiable answers to LO questions. View the full article

Nearly 18 million homeowners in the 100 largest U.S. metros paid HOA or condo fees in 2024, with 2.6 million paying $500 or more monthly, according to a new LendingTree report. View the full article

The Department of Justice is seeking court approval to immediately fire more than 600 employees, slashing the CFPB's workforce by 53%. View the full article

The artificial intelligence-based technology automates manual processes associated with the financing, including draws, for homes under construction. View the full article

The lender claims an originator ambushed executives in a negotiation with the confidential company financials and claimed to have shared them with competitors. View the full article

The contract rate on a 30-year mortgage increased 14 basis points to 6.57% in the week ended March 27, according to Mortgage Bankers Association data released Wednesday. View the full article

While San Francisco had the biggest improvement in affordability for prices today versus 2019, Hartford remains in a very deep freeze, First American said. View the full article

The real estate fintech touted Doma's role in Fannie Mae's title-acceptance pilot as key to the deal, which follows Opendoor's recent mortgage product rollout. View the full article

Home prices increased 0.9% year-over-year and 0.1% month-over-month in January, according to the S&P Cotality Case-Shiller national home price index. View the full article

Full documentation was completed on just 17.9% of the pool, Fitch said, while bank statements and debt service coverage ratio (DSCR) account for 17.6% and 28.0%, respectively. View the full article

A federal judge granted the interview request for a brokerage accused of violating the megalender's restriction on selling loans to wholesale competitors. View the full article

Stock prices jumped notably following the billionaire and legacy GSE investor's comment indicating Fannie and Freddie have been "stupidly cheap." View the full article

The companies anticipate they will submit a joint stipulation of dismissal with prejudice within 45 days, according to a document filed Friday. View the full article

The latest statement from UWM cited TWO's settlement with its former external manager and declared its management team to be driven by ego, not sound judgement. View the full article

Olive Branch Home Loans is the first business established through a new LoanDepot partnership model aimed to help builders scale internal lending units. View the full article

The government MBS guarantor ended a 15-day advance notice mandate for extensions on a filing deadline so those with a March 31 due date can still ask for one. View the full article

The federal court rejected Flagstar's attempts for both a panel rehearing and an en banc hearing to overturn California's interest on mortgage escrow rule. View the full article

Banks must plan to support decentralized finance without disturbing their existing businesses. That's easier said than done. View the full article

Federal Reserve Chair Jerome Powell said the central bank is cautiously monitoring consumer sentiment as tensions from the Iran war push energy prices higher, complicating efforts to bring inflation down to the Fed's target. View the full article

Yields rebounded after the 30-year held near 5%, but the yield curve's flattening trend likely isn't over, according to the head of correspondent business development at AD Mortgage. View the full article

Some of Wall Street's biggest bond-fund managers say financial markets are underestimating the risk that the US war in Iran will cause a sharp slowdown in an already sputtering economy. View the full article

A federal appeals court ruled mortgages in REMIC trusts may qualify as ERISA plan assets, reviving fiduciary duty claims against Onity in a case brought by a union pension fund. View the full article