Scaling from Freelancer to Business Owner

Leading Democrats on the Senate Banking Committee sent a letter to Chair Tim Scott, R-S.C., pointing out the as-yet unsatisfied legal requirement for prudential regulators to appear in Congress semiannually. View the full article

Treasury Secretary Bessent said FSOC is readjusting its approach to avoid stifling growth in moves with implications for capital, technology and mortgages. View the full article

ETHZilla partnered with Zippy to bring manufactured home chattel loans on-chain as tokenized real-world assets. View the full article

Approximately 70% of home purchasers do not get more than one quote in the mortgage process, doing so could reduce their rate by 50 basis points, Zillow said. View the full article

The Federal Reserve Board of Governors voted Wednesday to reappoint 11 sitting regional Fed presidents, without any dissents. The move precludes any effort the White House might have made to pressure the board to deny reappointments. View the full article

On Thursday, prosecutors unsuccessfully tried again to ask a grand jury in a different Virginia court to return an indictment. View the full article

The rent reporting platform says it's helped tenants raise their credit scores by double digits and unlocked $30 billion more in mortgage lending. View the full article

The government-sponsored enterprise removed a limit on adjustable-rate mortgages, and added flexibilities for repair, manufactured home and ADU financing. View the full article

After the end of the draw periods that range from two to five years, the amortization begins, during which borrowers have a repayment period ranging from three to 25 years. View the full article

The lowest-priced properties purchased by investors typically left them in the red when sold, according to the latest home flipping report from Attom. View the full article

The investor markets already set mortgage rates to include the 25 basis point reduction the FOMC announced, and it is too early to see the longer-term effect. View the full article

The changing climate is increasing insurance rates for residents and cities and lowering property values in areas that face more frequent and intense disasters. View the full article

A federal judge recommended that an enhanced real estate reporting requirement, which could send paperwork and costs soaring next year, remain intact. View the full article

This year Point has funded more than $2 billion in home equity investments to more than 20,000 homeowners nationwide. View the full article

With the Federal Reserve decision largely factored in, Jerome Powell's comments on future outlook is more likely to influence the housing market. View the full article

Charlie Scharf has a mostly optimistic take on Wells' consumer banking prospects entering 2026. But he's more downbeat about the company's once-dominant residential mortgage business. View the full article

Hartford, Connecticut, Rochester, New York, and Worcester, Massachusetts, headed the list of the 100 largest metro areas in the country, according to Realtor.com. View the full article

The terms of NRMLT 2025-NQM7 will not allow it to advance principal and interest on loans that are delinquent by 180 days or more. View the full article

Home equity is becoming a data-driven asset that demands sharper valuation and analytics as lending options expand, according to Clear Capital's EVP of Strategy and Growth. View the full article

A senior advisor at NAIC, the association of state insurance regulators, told attendees of its fall meeting that the imminent FEMA Review Council report should answer questions about funding for disaster relief and flood insurance, as well as other related issues. View the full article

November rate locks fell seasonally but hit their strongest level since 2021, led by refis, while lenders shifted more loans to the GSE cash window. View the full article

Sen. Hassan sent letters to corporate owners of manufactured housing communities, looking for answers on affordability and living conditions for their residents. View the full article

Overall performance is stable but inflation and unemployment have hurt newer borrowers in some cases, according to Transunion's 2026 consumer credit forecast. View the full article

A former employee cited a ransomware gang's claim in October that it stole 20 terabytes of sensitive customer information from the industry vendor. View the full article

A federal court cannot modify a preliminary injunction to compel the acting director of the Consumer Financial Protection Bureau to request funding for the agency, the Department of Justice said. View the full article