Scaling from Freelancer to Business Owner

The builder reported increased revenue from a year ago, with profits near par, as it sets to absorb new acquisitions across different lines of business. View the full article

FHFA Director Bill Pulte has prioritized targeting fraud, including proposing a tougher Suspended Counterparty Program and debuting a mortgage fraud tip line. View the full article

The title insurance industry, highly dependent on mortgage origination volume, recovered after watching volume fall 31% in 2023 and 16% in 2022. View the full article

The increase in purchase mortgage rate lock volume provides support for those looking for a strong Spring market this year, Optimal Blue found. View the full article

Numbers jumped after the expiration of a moratorium at the end of 2024, but rates of foreclosure rose across all loan types, the Mortgage Bankers Association said. View the full article

Lower is acquiring a top-five ranked real estate portal to create an "end-to-end homeownership platform" to rival Rocket Mortgage. View the full article

The company is positioning its Tinman platform as a serious industry competitor and suggests it's eying product costs of around $1,500 per loan. View the full article

Rapidly rising tuition and housing costs both contributed to lower homeownership rates and a more than twofold surge in student debt in under 15 years. View the full article

The 14.3% rate for deals withdrawn in any April is the highest level other than in Covid-impacted 2020, as homebuyers reexamine the market, Redfin said. View the full article

Bond yields are shooting up for the second time in as many months. Federal Reserve Gov. Christopher Waller attributes the volatility to concerns about rising national debt levels. View the full article

The state's regulator said the insurer must show it will cover more homeowners, and be more transparent. Consumer advocates want more concessions, saying the insurance crisis can't be solved on the backs of homeowners. View the full article

The Mortgage Bankers Association latest forecast reflects the industry's current views on where their business is going, said Mike Fratantoni. View the full article

Rocktop Management anticipates rising loan origination volume and increasing borrower distress, driving more servicing sales — key reasons behind its acquisition of Incenter Capital Advisors. View the full article

Banks scored well in the tax bill out of Ways and Means this week, with wins on S Corps and rural lending, but have so far lost out on credit union taxes and additional burdens on payments competitors. View the full article

The Federal Reserve chair said there is 'room for improvement' in how the central bank conveys economic uncertainties to markets and the broader public. View the full article

Federal Reserve Vice Chair Philip Jefferson said in a speech Wednesday that elevated tariffs will likely lead to inflation, but time will tell how impactful that spike in prices might be. View the full article

New research found limitations in current appraisal tools and methods contributing to inconsistencies that may result in incorrect property valuations. View the full article

The 30-year FRM remained under 7% for the 17th consecutive week, Freddie Mac said, but the 10-year Treasury at one point was up over 25 basis points. View the full article

Federal Reserve Gov. Michael Barr said global supply chain disruptions and inflation caused by tariffs could weigh heaviest on small businesses, especially those with little access to credit. View the full article

Section 8 cuts threaten to destabilize the multifamily market, writes the former chief of staff to HUD Secretary Marcia L. Fudge. View the full article

The move was necessary for Dark Matter in order for it to align the size of its workforce with current mortgage market realities, CEO Sean Dugan said. View the full article

A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said. View the full article

CSBS hires veteran regulatory expert, Selene welcomes two new executives, Polly grows C-suite, Leaderone finds new president, plus more mortgage moves. View the full article