Scaling from Freelancer to Business Owner

Between the estimated damages in Los Angeles and rising home insurance prices, policyholders are left wondering how the market will fare in 2025. View the full article

Investment properties are the primary properties backing the collateral pool, at 80.3%, while second homes account for 19.7% of the pool. View the full article

When a house is lost, so is much of the collateral on the mortgage. Here's how both lenders and homeowners can bounce back. View the full article

Howard Lutnick's influence in housing today is primarily tied to tariffs but his firm also had a storied past in mortgages and was hit hard by the 9/11 attacks. View the full article

The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are top of mind for executives. View the full article

The top five lenders have an average mortgage origination volume of more than $10 billion. View the full article

Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told the agency's staff to put a halt to all rules, enforcement actions and hiring. View the full article

Excess capacity remains in the mortgage origination cycle, and lenders need to cut costs and end the boom-and-bust hiring, Boston Consulting Group said. View the full article

As a market leader, Rocket Companies rebranding comes in the foreground of several court battles and fluctuating earnings performance. View the full article

Reality TV contributed to heightened demand for fixer-uppers and DIY projects, but today's economics are altering consumers' home buying considerations. View the full article

The average 30-year fixed-rate mortgage of 6.85% is just five basis points lower than the same time last year, following wider swings in the past 12 months. View the full article

Letitia James and 22 other attorneys general have filed an amicus brief in a Maryland case challenging the dissolution of the consumer protection agency. View the full article

Members whose districts include Altadena and Pacific Palisades are behind the measure, which calls for an initial 180-day forbearance period. View the full article

The rapid rise in the cost of both insurance coverage and taxes leaves close to half of homeowners worried about their ability to make payments. View the full article

The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer. View the full article

Rep. Maxine Waters, D-Calif., the Committee on Financial Services' ranking member and other members of her party plan to confront HUD Secretary Scott Turner. View the full article

Rithm Acquisition Corp. is selling 20 million units of combined stock and warrants for $10 each, with trading expected to begin on Feb. 27 on the NYSE. View the full article

The state bill would also mandate third-party appraisal of properties and offer a three-day window for consumers to withdraw from agreements. View the full article

Compliance concerns prevent some lenders from moving toward development of an AI plan or policy, but hesitancy may turn out to be a poor business strategy. View the full article

The newly created entity, Rithm Acquisition, is a possible, albeit unlikely, way to finally take its NewRez mortgage lending business public. View the full article

"Red flags are emerging for the US economy," said Elias Haddad, senior market strategist at Brown Brothers Harriman. "Another month or two of poor US economic data would deliver a blow to the US exceptionalism narrative." View the full article

Federal Reserve Gov. Michelle Bowman — who is viewed as a leading contender to be the next Vice Chair for Supervision at the central bank — said changes to the post-financial crisis framework should be a focal point of the central bank's ongoing regulatory policy review. View the full article

While the March 3 submission deadline holds firm, compliance experts suggested guidance inquiries for Home Mortgage Disclosure Act filers could be lacking. View the full article

The company, which became a depository in 2022, will be offering affordable housing products and initiatives in 45 states and the District of Columbia. View the full article

The mortgage securities guarantor told the Government Accountability Office it was held back by the limits of its role and information sharing constraints. View the full article