Scaling from Freelancer to Business Owner

Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp. View the full article

The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale. View the full article

Nordholm took over as CEO in 2018 and the secondary market buyer of agricultural loans has named another executive who will serve as his successor. View the full article

Since the first day of the meeting, the 10-year Treasury yield has increased 16 basis points, with mortgage rates rising as a result, various trackers showed. View the full article

The Fed should consider actively selling its mortgage-backed securities holdings, according to the Federal Reserve's vice chair for supervision. View the full article

With the new option, unveiled Monday during OpenAI's annual developers event, a user can look up a three-bedroom home in a specific neighborhood on Zillow, without leaving the ChatGPT app. View the full article

The largely direct-to-consumer lender will also offer reverse mortgage loans in the latest dealing between publicly traded industry players. View the full article

The number of prospective buyers touring properties in the city last week fell 8.5% from a year earlier, according to data from Bright MLS, a regional multiple listing service. It's the eighth straight weekly decline. View the full article

Up to 75% of the class A2 notes pay a coupon based on the Secured Overnight Financing Rate (SOFR). Also, since the assets pay a fixed rate, interest rate spikes could eat away at excess spread. View the full article

However, Rocket, which has been of the companies to participate, has not yet announced its intentions regarding a pre-FHFA announcement increase. View the full article

The The President administration's exploration of a public offering tied to the government-sponsored enterprises spurred debate at a Bipartisan Policy Center event. View the full article

The acquisition complements existing lending channels at Carrington and also adds Reliance's full servicing portfolio to its platform, the company said. View the full article

While technology has become an important channel for information among homebuyers, many still see real estate agents as smarter than any other resource. View the full article

The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025. View the full article

More than 4,000 federal workers received notices Friday that their last day will be Dec. 9. View the full article

A "spike in unusual traffic" caused service degradation for the infrastructure giant, disrupting digital banking for customers. View the full article

The NRMLA/Riskspan Reverse Mortgage Market Index set a new high of 502.42, with the dollar amount of home equity for those 62 or over reaching $14.4 trillion. View the full article

The head of the government-sponsored enterprise's oversight agency said the cuts were made to positions that weren't central to mortgages and new home sales. View the full article

Uncover how high-speed internet access drives property valuations, creates lending opportunities, and transforms mortgage markets nationwide. View the full article