Scaling from Freelancer to Business Owner

Lancaster, Pennsylvania-based Fulton Financial said Monday it will pay $243 million in stock for Blue Foundry Bancorp, which has lost more than $20 million since converting to a public company in 2021. View the full article

A federal judge threw out the criminal charges against former FBI Director James Comey and New York Attorney General Letitia James, ruling that the prosecutor who brought the cases had been illegally appointed. View the full article

The government-sponsored enterprise took its first look at what new loan volume might be like in two years and found it could rise closer to pandemic levels. View the full article

Social media posts point to a 40% to 100% price hike this year, the latest in a series of hikes started in 2023, when for some lenders prices rose 400%. View the full article

The Natural Treasury Employees Union has asked a district court to clarify whether Russell Vought, the acting director of the Consumer Financial Protection Bureau, has complied with a preliminary injunction. View the full article

While the tone is still generally upbeat, the market is mired below October's price highs and yields are range-bound. View the full article

Uncooperative neighbors, vicious pets and threats of violence are some of the dangers mortgage field employees run into when on assignments. View the full article

New private-label bonds collateralized by loans made outside the qualified mortgage definition hit highs for the month, quarter and year, CreditFlow data shows. View the full article

Luxury home prices rose 5.5% year over year in October to a median $1.28 million, far outgaining the 1.8% increase of nonluxury homes. View the full article

New-home mortgage applications dropped, but the annual sales pace was the strongest in over a year, the Mortgage Bankers Association said. View the full article

The acquisition agreement is the latest example of merger activity this year focused on the recapture potential held within servicing pipelines. View the full article

Bayview Asset Management and three affiliates reached an agreement in a data breach lawsuit for an incident that impacted 5.8 million customers. View the full article

Delinquencies are at their second highest level in three years, led by deterioration in the performance of FHA loans, the Mortgage Bankers Association said. View the full article

Policy reviews of GSEs and Basel rules could reshape the MSR market, opening opportunities for banks and altering Fannie, Freddie MBS dynamics. View the full article

AIME's CEO takes an additional AI leadership role, ALTA elects new president and Revolution, Tidalwave, Visio welcome chief operating officers. View the full article

The Department of Government Ethics on Saturday released financial disclosures for former Federal Reserve Gov. Adriana Kugler, showing she had executed several individual stock trades in 2024, including during Fed blackout periods, an apparent violation of Fed ethics rules. The Federal Reserve Inspector General has launched an investigation. View the full article

The bank is adding trusted contacts, specialized teams and new tech against scams, but consumer advocates say reimbursement is the key missing piece. View the full article

Federal Reserve Governor Lisa Cook's legal team argued in a new letter to Attorney General Pam Bondi that the claims "fail on even the most cursory look at the facts." View the full article

An activist investor is seeking more information on how, and when, the largest bank deal of 2025 came together. View the full article

The Structured Finance Association is adding its weight to recent support for a Securities and Exchange Commission action that could modernize Reg AB II. View the full article

Two heavyweights in the US residential real estate market, Compass Inc. and Zillow Inc., will face off in a New York courtroom this week in a legal battle that could reshape the future of how homes are marketed and sold in the country. View the full article

Home Depot's bleak forecast provides another warning about the strength of US consumers in the absence of official economic data during the US government shutdown. View the full article

Application error findings rose over 15%, the second quarter in a row they have moved higher, the post-closing file review from Aces Quality Management found. View the full article

Quality Control Advisor Plus is an integrated system which brings together previously separate units, cutting months off of Freddie Mac's current QC process. View the full article

Representatives of the insurance industry called the proposal too speculative and prescriptive, while consumer and environmental advocates say it doesn't go far enough. View the full article