Scaling from Freelancer to Business Owner

Treasury Secretary Scott Bessent expects the U.S. housing market to quickly pick up steam after recent indicators came in below forecasts. View the full article

Bessent reiterated his interpretation of the decline being mainly a product of deleveraging, saying he had no evidence that sovereigns were behind the drop. View the full article

After repeatedly blasting Janet Yellen last year over her department's strategy for issuing federal debt, it's now up to Scott Bessent to make the call on sales of Treasuries, with bond dealers conflicted over what he'll do in a pivotal release due Wednesday. View the full article

The confabs are a sign that Republicans are getting serious about negotiating the contours of a tax deal, even as the House and Senate are pursuing separate strategies. View the full article

Check out the 36 companies that made our list of the Best Mortgage Companies to Work For. View the full article

The program Better Forever rewards returning mortgage customers by discounting the fee charged on their future refinance or purchase loans. View the full article

The re-engineering of the convertible note arrangement between the two parties includes a one-time cash payment of $110 million by Better. View the full article

The lender says its technology will supercharge scale, preventing a potential hiring and firing spree which doomed it after the recent refinance boom. View the full article

A bipartisan group of representatives co-sponsored the bill, aiming to make permanent and expand eligibility for a deduction previously offered for 14 years. View the full article

The grandson of the PulteGroup founder did not elaborate on plans for a much-anticipated government-sponsored enterprise exit from conservatorship. 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

The institution has been downsizing its portfolio to address deposit runoff as it has shed fintech exposures and worked to gain release from a consent order. View the full article

Investment properties are the primary properties backing the collateral pool, at 80.3%, while second homes account for 19.7% of the pool. View the full article

In a sign of how Treasuries' status as a global haven during times of turmoil may be fading, rates on longer-term debt soared last week as equities convulsed, turbocharging bets on a steeper yield curve. View the full article

A pullback from US Treasuries sent longer-term yields surging by the most since pandemic struck in 2020, deepening losses in what's supposed to be a haven from financial turmoil and roiling markets abroad as investors sell government bonds to raise cash. View the full article

Servicers—Citadel, NewRez and Selene Finance—will not advance any delinquent principal and interest. Eventually, that should reduce loss severities to the deal. View the full article

Learn how bridge loans and hard money loans work, their pros and cons, and discover which option suits your needs. View the full article

The company turned to automation to address pain points it found in working with lines of credit that mortgage lenders are increasingly originating. View the full article

Wall Street's pandemic gem is facing a broad selloff Wednesday as fears of constrained homebuilders' margins, bloated inventories and elevated mortgage rates rattle investor sentiment. View the full article

The provisionally approved rate hike would provide financial relief to State Farm's California subsidiary, which has said it needs to shore up confidence with solvency regulators and ratings agencies. View the full article

A $1 billion assessment announced Tuesday for California's FAIR Plan, the state-mandated insurer of last resort, is expected to drive up premiums as companies will likely pass some of the costs onto homeowners. View the full article

The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement and litigation over its medical debt rule Thursday, handing the banking industry an immediate reprieve. View the full article