Scaling from Freelancer to Business Owner

The setback pared a weekly gain for US government bonds sparked by an April 8 ceasefire agreement, which caused oil prices to tumble from near multiyear highs. View the full article

Former Federal Reserve Vice Chair for Supervision Randal Quarles, who served during President The President's first term, said members of the Fed board should be removable by the president, but that the decentralized structure of the Fed will ensure that monetary policy decisions remain sound. View the full article

Bills in Congress, capital rules, GSE reform and credit modernization hold a mix of benefits and risks for Independent Community Banker of America members, Senior Vice President Ron Haynie says. View the full article

Newly minted doctors want to buy homes but because of student debt and job history, likely can't even meet the wider jumbo underwriting criteria without help. View the full article

Contract closings decreased 3.6% to an annualized 3.98 million, according to National Association of Realtors data out Monday. View the full article

The president of an affiliate mortgage securitization guarantor is taking on the responsibilities associated with the Federal Housing Administration role. View the full article

Remodeling sentiment dipped slightly in Q1 but stayed well above the neutral mark, as the lock-in effect of elevated mortgage rates kept homeowners investing in their current homes. View the full article

Three-quarters of buyers assume AI has already been embedded in the housing ecosystem, but 55% would prefer to work with a human to secure a mortgage. View the full article

FundingShield's latest report notes the improvement in remediation efforts among lenders, but closing protection lenders remain a key source of file problems. View the full article

Marketing services firm LeadPoint said it thought it had gained compliance after Connecticut officials issued a prior consent order and penalty in 2020. View the full article

Office of Management and Budget Director Russell Vought told the House Budget Committee Wednesday that the Community Development Financial Institutions Fund is still a target for elimination by the administration because it promotes "woke" ideology. View the full article

Dozens of plaintiffs say they still haven't received a full explanation over the mass termination announced last April by FHFA Director Bill Pulte. View the full article

Quarterly filings are far from historic highs but rising more consistently, with concentrations in Florida, California and Texas, Attom's latest numbers show. View the full article

Dark Matter's parent said the decision to promote its chief technology officer aligns the company to the direction of the market, with further changes to come. View the full article

This week's Freddie Mac mortgage rate survey shows rates at the lowest in four weeks, but homebuyers are giving mixed signals even with improved purchase power. View the full article

Federal Reserve Gov. Stephen Miran Thursday said that the Iran war and tariffs will not have long-term impacts on inflation, but did say he is reconsidering his rate cut outlook for the year. View the full article

Oil prices and Treasury yields continued their close correlation Friday, with crude falling $12 and the 5-year yield hitting recovery lows after Iran declared the Strait of Hormuz open during the ceasefire. View the full article

Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech. View the full article

CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon. View the full article

Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight. View the full article

Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals. View the full article

The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said. View the full article

While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level. View the full article

SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices. View the full article