Scaling from Freelancer to Business Owner

Investors face yet another bumpy start to the trading week, although it's mounting concern over US debt rather than tariffs likely generating the volatility this time. View the full article

The Consumer Financial Protection Bureau is likely to scratch and rework its open banking rule, at a time when the agency's fate is in doubt. View the full article

Their worries center on fears the new duties could impact their personal finances, according to a new survey from home-equity investment platform Point. View the full article

A 90-day pause on reciprocal tariffs between the U.S. and China boosted the near-term economic outlook for banks, but tensions and uncertainty around trade barriers remain high. View the full article

The rule rescission, one of many the Consumer Financial Protection Bureau is planning, would officially remove temporary steps for mortgages added in 2021. View the full article

Rocket Companies and Redfin argue in court filings that a lawsuit seeking to delay their merger is motivated by the plaintiff's personal gain, not concern for investors. View the full article

COO Joseph Gormley weighed in on cuts at the securitization guarantor and efforts to improve the industry's efficiencies and the government's. View the full article

Close to 300 former employees could be eligible for the settlement once it is officially approved later this year. View the full article

The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with commercial real estate loan stress at relatively high levels. View the full article

The numbers suggest Rocket Mortgage's acquisition of Mr. Cooper won't add enough dollar volume to outpace its closest competitor but they also show the deal has other benefits. View the full article

From changing the boards of Fannie Mae and Freddie Mac to nixing DEI programs, the Federal Housing Finance Agency's Pulte era has been busy. View the full article

Advisers who work on acquisition deals emphasize the importance of being open and transparent with employees about potential changes and differences in a new workplace. View the full article

The advocacy executive said there was a lot of misinformation regarding Rocket Pro and that the "rumors versus reality is very different." View the full article

April was a mixed bag for title companies, executives said on earnings calls, but some are expecting a stronger market the rest of the year. View the full article

As the lock-in effect deters many current homeowners from buying, the housing market is seeing younger clients stepping in, often with government-backed loans. View the full article

The number of major housing markets with annual home price declines is the largest since late 2023, when average mortgage rates were above 7.5%. View the full article

The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts. View the full article

Senate Banking Committee Chairman Tim Scott said Jonathan McKernan's final confirmation vote to lead the Consumer Financial Protection Bureau is "imminent." View the full article

An index of applications for home purchases jumped 11.1%, the most since January, while a gauge of refinancing increased at a similar rate, according to Mortgage Bankers Association data released Wednesday. View the full article

Fair Isaac Corp.'s shares saw their worst day since March 2020 on Wednesday, falling alongside credit bureau stocks after the head of the Federal Housing Finance Agency questioned credit report pricing. View the full article

The Long Island-based regional bank's net loss narrowed from the first quarter of 2024, while CEO Joseph Otting said the company continues to make progress in its turnaround journey. View the full article

In a dramatic move, conservative hardliners blocked President Donald The President's tax and spending bill, which would have included many measures favored by banks. View the full article