Scaling from Freelancer to Business Owner

A federal judge granted a preliminary injunction that preserves the Consumer Financial Protection Bureau's existence, reinstates fired employees, contracts, data and operational capacity. View the full article

Sales of so-called social bonds, which direct proceeds to areas like health, housing and education, jumped about 130% to $657 billion globally last year, and continued at a similar pace in the first quarter. View the full article

Executives from three wholesale shops, including PRMG, The Loan Store and Newfi, dissected the regulatory landscape and how some developments might impact the broker channel. View the full article

An Internal Revenue Service division that helps authorize the release of tax transcripts used in lending through form 4506-C is tied to core functions. View the full article

A joint venture between the military-focused Palantir and investment conglomerate TWG will sell cybersecurity protection to financial institutions that are wary about the safety of artificial intelligence. View the full article

Publicly traded lenders, including UWM, Rocket Mortgage and Guild Mortgage, saw personnel expenses increase significantly throughout last year. View the full article

Chief Operating Officer Joseph Gormley's appointment fills out a thin executive team at the government corporation, which plays a key role in funding mortgages. View the full article

With focus turning to increased domestic production, the Chicago Mercantile Exchange plans to launch a new lumber futures trading exchange in late March. View the full article

Mortgage originators are still struggling with profitability, and getting their income and costs to pencil out could mean the company's survival. View the full article

A Colorado regulator earlier this year revoked the license of the appraiser responsible for the 2021 evaluation at the center of the government's suit. View the full article

Federal Reserve officials want to see how exactly new trade policies impact the U.S. economy before adjusting interest rates. Markets and monetarists have different ideas about what that might look like. View the full article

The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic. View the full article

Republican Senator Josh Hawley sent a letter urging the Justice Department to investigate FICO's price increases, which he said have "been borne by borrowers, especially lower-income borrowers." View the full article

The global asset manager wanted access to the smaller company's residential mortgage credit strategies, which will become available to a larger investor base. View the full article

Vacating the judgment would set a dangerous precedent for new administrations to roll back unfavorable rulings, the National Fair Housing Alliance argued. View the full article

Federal Reserve Board member Christopher Waller said he would not be deterred from classifying inflation as "transitory" despite the board's recent experience underestimating inflationary pressures. View the full article

The Consumer Financial Protection Bureau said it will not enforce or supervise nonbank financial firms that miss upcoming compliance deadlines for the nonbank registry of repeat offenders. View the full article

ICE Mortgage Technology announced additions for its Encompass LOS, while Mortgage Cadence is bringing out a new version of MCP aimed at mid-sized depositories. View the full article

Some members of the Senate, where the GOP majority is thinner, also are asking the Federal Housing Finance Agency to reveal more about planned mortgage reforms. View the full article

Fannie Mae set aside $752 million for credit losses in its apartment complex lending business in part because of fraud or suspected fraud, denting profits amid an industrywide scrutiny of borrowers. View the full article

The top five servicers had a combined unpaid principal balance of more than $23 billion at the end of December 2024. View the full article

Amir Syed, mortgage coach and social media powerhouse, worked at Lower for a little over a year helping to build out and nurture the mortgage lender's origination team. View the full article

The Federal Reserve governor said it is healthy to examine the regulatory architecture, but stressed the importance of the central bank having insight into the banking system. View the full article

The national median single-family existing-home price grew 3.4% from a year ago to $402,300, an analysis found. View the full article

The leading lender says its underwriters have already used Google's technology to improve from six loans a day to 14. View the full article