Scaling from Freelancer to Business Owner

Luxury home prices rose 5.5% year over year in October to a median $1.28 million, far outgaining the 1.8% increase of nonluxury homes. View the full article

Wellness rooms, thoughtful sensory inputs and layouts that boost functionality can reduce workplace stress. View the full article

Fifth Third announced it plans to buy the Dallas bank in a $10.9 billion transaction. 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

Federal Reserve Gov. Michael Barr is warning small banks about the growing threat from fraudsters' use of AI-generated deepfakes. But he also says AI may be able to help community banks fight fraud more effectively. View the full article

Roughly 100,000 properties in the United States had a foreclosure filed in the third quarter this year, an increase on a quarterly and yearly basis, ATTOM said.

President The President wants the two government-sponsored loan buyers to help speed lower-cost home creation and their oversight agency's director is following up. View the full article

A lapse in the National Flood Insurance Program because of the US government shutdown threatens to snarl home sales in the nation's riskiest floodplains and leave some homeowners without coverage in the middle of hurricane season.

Growth in multifamily and investment property mortgage originations, the highest risk segments, drove the 6% rise in the National Fraud Index, Cotality said. View the full article

Lebda, who died over the weekend in an ATV accident, built one of the first online financial marketplaces in 1998. View the full article

The head of the government-sponsored enterprises' oversight agency also asked existing investors to review risk factors as officials eye a new public offering. View the full article

The Detroit-based mortgage bank's announcement trailed competitors' by over two weeks, but is taking a more aggressive risk-reward stance on the limit. View the full article

Fathom Holdings acquired START Real Estate to expand its first-time homebuyer program, the company announced Thursday. View the full article

The Cincinnati, Ohio-based bank delivered third quarter earnings that mostly met expectations, even as it took a $200 million blow to credit. View the full article

While borrowing activity increased from a year ago, seasonal patterns and economic concerns suggest near-term slowing, the Mortgage Bankers Association said. View the full article

Other studies have found fewer credit pulls could be viable, but this shows millions more would be adversely impacted than in a bi-merge. View the full article

The rollout comes as the company looks to build out offerings for originators, launching after PHH returned to the proprietary reverse-mortgage arena this year. View the full article

In dollar terms, the amounts consumers had to come up with increased by $500 on a consecutive quarter basis, in contrast to a $100 drop the year before. View the full article

Several claims in a recent Loan Think column misrepresented how credit scores and resellers work in mortgage lending, according to the president of the National Consumer Reporting Association. View the full article

On a year-over-year basis, Waterstone's mortgage business was able to grow pretax profits to $1.3 million in the third quarter, compared with $144,000 in 2024. View the full article

The Federal Reserve Friday issued a set of proposed changes to its stress testing program for the largest banks that would disclose the central bank's back-end stress testing models, a move that the Fed had long opposed out of fear of making the tests easier for banks to pass. View the full article

The GSE accused four companies of trademark infringement, alleging they misrepresented to consumers that their products received its endorsement. View the full article

The influential nonbank mortgage company is calling for a "do no harm" approach to housing and finds comfort in officials' stated guardrails to that end. View the full article

A national measure of prices rose 1.5% from a year earlier, according to data from S&P Cotality Case-Shiller. It was the smallest gain since mid-2023 and followed a 1.6% increase in July. View the full article

RoundPoint's corporate parent generated positive comprehensive income with the legal expense excluded and expanded its subservicing activity. View the full article