Scaling from Freelancer to Business Owner

The president of the union for department employees claims 50% of HUD's workforce will be cut, and government contracts were being scrutinized. View the full article

HUD denied claims that 40% of the administration's workforce will be cut. View the full article

Deregulation at the federal and state levels could open the door to a potential boom in housing supply, HUD Secretary Scott Turner said Tuesday. View the full article

An ex-Biden administration official suggested potential challenges in identifying lands that have access to both employment opportunities and infrastructure. View the full article

The automation provider plans to unveil functionality at its upcoming user conference aimed at improving new loan boarding and investor reporting processes. 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 new state law can't ban the calls outright, but requires solicitors to disclose to mortgage consumers their identity and how they purchased the lead. View the full article

Even after posting production losses in two of four quarters last year, independent mortgage bankers made $443 on every loan originated during 2024. View the full article

Momentum against Maryland guidance that extends licensing requirements to securitization trusts is growing and some legislators want to scale it back. 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

Interest-only loans, popular pre-2008, have revamped requirements and can be an option for borrowers looking for short-term lower payments, stakeholders say. View the full article

The underlying prime mortgages have an average balance of $358,024, a weighted average (WA) original FICO score of 776, an original cumulative loan-to-value (LTV) ratio of 73.6%. View the full article

Many layoffs so far have been in the Small Business/Self-Employed Division, but the Large Business & International Division has also been affected. View the full article

The acting leader is a co-author of the conservative playbook in which a former Fannie Mae and HUD director calls for abolishing the regulator. View the full article

While mortgage employment is lower year-over-year, the mixed bag of data makes it more likely that borrowing rates will remain higher for longer. View the full article

Vacating the judgment would set a dangerous precedent for new administrations to roll back unfavorable rulings, the National Fair Housing Alliance argued. View the full article

The federal district court order in Mississippi allows allegations of servicer responsibility for insurance shortcomings and excessive costs to proceed. View the full article

A federal judge granted a preliminary injunction that preserves the Consumer Financial Protection Bureau's existence, reinstates fired employees, contracts, data and operational capacity. View the full article

A Maryland judge temporarily halted mass layoffs of probationary employees at multiple agencies, citing legal violations and harm to states' ability to respond to unemployment needs. View the full article