Scaling from Freelancer to Business Owner

Government-backed lending drove an increase in purchase mortgages for a second straight week, even as interest rates failed to drive refinance activity. View the full article

The state has largely solved for the industry's biggest concerns but the broader secondary mortgage market could still have some additional responsibilities. View the full article

Company management touted its wins, including with total volume of $21 billion, the Redfin and Mr. Cooper purchases plus a record quarter for home equity. View the full article

A version of the Neighborhood Homes Investment Act has been introduced in three prior sessions of Congress, but has never made it through the process. View the full article

Measures of current sales of single-family homes and prospective-buyer traffic, dropped to their lowest levels since the end of 2023. View the full article

Mortgage delinquencies were up in March, according to data from Intercontinental Exchange. View the full article

The wholesale lender dubbed the development a "huge win" for itself and the broker community. View the full article

The personal consumption expenditures index showed headline inflation flat at 2.5%, but the details of the report explain the Federal Reserve's reluctance to adjust interest rates. View the full article

Robert Wagnon is retiring and sold his 75% share to long-time mortgage executive Andrina Valdes, while Paulina McGrath remains as co-owner and president. View the full article

Industry experts with a reputation for making strong bets offer some picks and predictions for mortgage investment in a volatile market. View the full article

The typical homebuyer's monthly mortgage payment reached a record high, up 5.3% year-over-year, but consumers are putting more money down, adding to equity. View the full article

Housing starts in the US fell in March by the most in a year, as weak demand from high prices and mortgage rates gives builders little confidence to break ground. View the full article

The FBI intervened in the incident, which a lawyer for the company's CEO said was a response to another man's actions. View the full article

The rate of new home sales picked up by 14% from the month prior, data provided by the Mortgage Bankers Association shows. View the full article

House Financial Services Committee ranking member Maxine Waters, D-Calif., led a group of Democrats in challenging Treasury Secretary Scott Bessent over the current state of the Community Development Financial Institutions Fund. View the full article

The deal comes as Blend also introduces a new division dedicated specifically at serving independent mortgage banks, rolling out features with Crosscountry. View the full article

The director, confirmed less than a month ago, has issued 12 orders via the social media platform that reverse Biden-era initiatives. View the full article

The law would have expanded the state's 12% interest rate cap in a manner that would have effectively banned fintech lending in the state. View the full article

In a paper, former central bank researchers make the case that the Federal Reserve could better support the Treasury market from disruptions in the cash-futures basis trade by hedging its asset purchases. View the full article

The fraudsters aren't doing anything new or sophisticated, but are successfully using familiar tactics, said reports from CertifID and FundingShield. View the full article

In a recent interview, Bill Pulte claimed he's signed 80 orders for the agency, although only a dozen have been made public via his social media feed. View the full article

The move builds out a fee-based resolution for certain loan flaws piloted in 2024, which was set for a full 2025 rollout prior to changes in federal leadership. View the full article