Scaling from Freelancer to Business Owner

The average homebuyer who purchased a home below the asking price last year received a 7.9% discount, the largest since 2012, Redfin found. View the full article

A notorious ransomware and extortion gang known as Clop attacked Oracle's E-Business Suite, gaining access to Anywhere's employee and consumer data. View the full article

Borrowers in the lowest-income areas have seen their 90 or more day delinquency rates soar since 2021, jumping from 0.5% to nearly 3%, the New York Fed said. View the full article

The homebuilder and lender DHI Mortgage, in responding to a RICO suit, say they clearly informed buyers of potential property tax hikes on their newly built homes. View the full article

Zillow Group Inc. forecast first-quarter profit that falls short of analyst estimates as the home-search site balances legal costs from ongoing litigation and expenses from the company's partnership with Redfin. View the full article

Adjustments related to higher credit risk weights for new acquisitions and rate shifts offset increases in the government-sponsored enterprise's core earnings. View the full article

The typical homebuyer's down payment in the United States decreased 1.5% year over year to $64,000 in December, Redfin said. View the full article

Federal Reserve Vice Chair for Supervision Michelle Bowman said in comments Wednesday that the central bank plans to publish its Basel III endgame capital proposal for public comment before the end of March. View the full article

The New York City-based lender, whose roots lie in taxi lending, believes an expanded home-improvement loan operation will generate mid-teen loan growth this year. View the full article

Treasury Secretary Scott Bessent said in a public appearance in Dallas Friday that the administration will seek alternative means of enacting the White House's tariff agenda after the Supreme Court struck down the tariffs as outside the bounds of the law. View the full article

In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing. View the full article

Even after a servicing write-down, the GAAP net income of $164.4 million during the fourth quarter substantially topped comparative periods at UWM Holdings. View the full article

For five of the six private mortgage insurers, the surge of originations during the fourth quarter led to more new business versus the prior three months. View the full article

The lender announced a partnership with Framework Ventures that aims to provide $500 million in credit through an integration into the Sky stablecoin ecosystem. View the full article

Mortgage One is accused of using an artificial intelligence voice agent for outbound solicitations, recommending a cash-out refi to the plaintiff in the case. View the full article

War headlines failed to lift Treasuries; rates sold off, resistance held, and hedging beat rate bets, according to the Head of Correspondent Business Development at AD Mortgage. View the full article

The House Financial Services Committee passed a legislative package heavily favored by banks in a 26-16 vote View the full article

Median rents rose at a greater rate than median sales prices in 55% of the 416 counties with sufficient data between 2025 and 2026, Attom found. View the full article

The Mortgage Industry Standards Maintenance Organization is nearing completion on the first of a three-phase Veterans Affairs loan guarantee modernization effort. View the full article

While correspondent is still the bulk of Planet Financial's production, growth of its servicing portfolio helped the company increase retention volume. View the full article

The industry welcomed the Department of Veterans Affairs' plan for implementing legislatively-created borrower relief but some would like more clarification. View the full article

TransUnion cuts Vantagescore 4.0 to $0.99, aiming to boost lender choice and affordability as FHFA pushes mortgage score modernization and competition. View the full article

Surveyed employees at top mortgage companies say pay is solid: 83% feel fairly compensated, with bonuses, benefits, and flexible options helping recognize hard work. View the full article

The increase in borrowing costs coincides with a sharp rise in the 10-year US Treasury yield, which is correlated with mortgage rates, as war with Iran disrupted oil flows and sparked concerns about inflation. View the full article

Some of the best mortgage companies to work for discuss how they incorporate community service in their plans and the resulting business and personnel benefits. View the full article