Scaling from Freelancer to Business Owner

A stop-work order from the Consumer Financial Protection Bureau's newly appointed acting director Russell Vought has created uncertainty about the future of consumer-oriented enforcement activity. View the full article

The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and valuation adjustments in its favor. View the full article

The jump, which represents an ICE Mortgage Technology survey high, reflects the past cost of natural disasters like hurricanes in the Southeast. View the full article

As part of a partnership agreement the two companies entered into, the Ramquest and E-closing platforms have shifted ownership for an undisclosed price. View the full article

Russell Vought, should he be confirmed by the full Senate, would join a short list of those able to lead the CFPB, as his predecessor Mick Mulvaney did, per the requirements of the Vacancies Act. View the full article

Offices, apartment buildings and retail locations in Los Angeles face a tangle of difficulties as the smoke clears from January's wildfires. High on the list is inadequate insurance, a common problem in California. View the full article

The lender says its first-of-its-kind program can give consumers up to $5,000 in credits based on their prior 12-month rent payment history. View the full article

Neo Home Loans, the business at the center of the trade secrets suit, has always maintained its independence in its lender partnerships, its co-creator claims. View the full article

A House Financial Services Committee spokesperson said the committee will hold its required semiannual hearing with the Consumer Financial Protection Bureau director after nominee Jonathan McKernan is confirmed rather than with interim director Russell Vought. View the full article

The organizations play a critical role in our economy, providing affordable single family mortgage loans to enable homeownership, writes the Executive Director of the Community Home Lenders of America View the full article

Rising insurance costs are leading providers and condo associations to consider changes to policies that would make some loans ineligible for GSE sale. View the full article

Bids were due last week for the portfolio of so-called jumbo mortgages from US homeowners with relatively high credit scores. View the full article

A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case. View the full article

The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows. View the full article

Since the National Association of Realtors changed its commission payment rules on Aug. 17, the impact on agent compensation has varied. View the full article

Consumer and employees groups are seeking a restraining order against CFPB acting Director Russell Vought, arguing that he was unlawfully installed and has "no power to direct" the bureau. View the full article

The Community Home Lenders of America wants streamlined regulations for smaller independent mortgage bankers from the Bureau, including on compensation. View the full article

Contract closings in January decreased 4.9% to an annualized rate of 4.08 million, data released Friday by the National Association of Realtors show. View the full article

The partnership with homebuilder Onx Homes, the company's ninth joint venture, gives Loandepot more solid footing in the South. View the full article

The Department of Veterans Affairs ended a break for borrowers put at a disadvantage by a discontinuation of pandemic aid as they transitioned to a new program. View the full article

The top five banks had a combined wholesale volume of more than $20 billion at the end of 2024's fourth quarter. View the full article

The MBA disclosed the year-end rankings of income-producing mortgage servicers at its yearly conference for this part of the industry. View the full article

Nexpoint Real Estate Opportunities has now made its own bid for the REIT, just days prior to a special meeting to vote on the merger with Ready Capital. View the full article

The new tool taps into Intercontinental Exchange's AllRegs database, which contains over a million pages of guidelines from various sources. View the full article

The companies did not disclose a purchase price, nor how many of the Houston-based Nations Reliable Lending employees would join the Ohio firm. View the full article