Scaling from Freelancer to Business Owner

If cumulative loss or a delinquency trigger event is in effect, then the deal will distribute principal among the class A notes before any principal allocation the class M1 or class B certificates. View the full article

Planet Home Lending, helped by growing recapture and distributed retail volume, did 64% more originations in the third quarter than one year prior. View the full article

Absolute will add Fidelity Digital Mortgage's 55 producing loan officers to its team of roughly 190. View the full article

Decision makers have voiced support for lower financing costs but researchers have said achieving it could be complicated. Part 3 in a series. View the full article

A North Carolina homeowner says the large servicer's $6.75 fee for borrowers to make mortgage payments with a debit card violates a state debt collection law. View the full article

The wholesale lender fell victim to a data incursion two years ago in a months-long period marked by several high-profile cybersecurity incidents. View the full article

But just three of the 150 most populous ZIP codes have a mortgage debt-to-income ratio below the conforming threshold of 28%, Movingplace found. View the full article

Gallego introduced legislation to amend the EB-5 immigrant investor visa program in order to funnel more money into the construction and rehabilitation of homes. View the full article

The The President administration's decision not to seek funding for the CFPB and transferring remaining enforcement cases to the Department of Justice were cited as reasons for the resignation of Michael G. Salemi, who took over as CFPB enforcement chief earlier this year. View the full article

Manufactured housing could see eased lending rules if the defense bill removes the "permanent chassis" requirement, expanding FHA mortgage eligibility. View the full article

Michael Burry, the money manager made famous in The Big Short, believes a re-listing of the US housing-finance giants is "nearly upon us." View the full article

Home Depot Inc. is offering cautious preliminary guidance for next year, a sign that the home-improvement retailer doesn't anticipate the housing market to rebound in the short term. View the full article

Forty percent of Americans planning to buy or sell a home in 2026 worry about a potential market crash, according to a new report from Clever Offers. View the full article

This year Point has funded more than $2 billion in home equity investments to more than 20,000 homeowners nationwide. View the full article

After the end of the draw periods that range from two to five years, the amortization begins, during which borrowers have a repayment period ranging from three to 25 years. View the full article

On Thursday, prosecutors unsuccessfully tried again to ask a grand jury in a different Virginia court to return an indictment. View the full article

Leading Democrats on the Senate Banking Committee sent a letter to Chair Tim Scott, R-S.C., pointing out the as-yet unsatisfied legal requirement for prudential regulators to appear in Congress semiannually. View the full article

For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities. View the full article

After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 months, Cotality said. View the full article

Federal Reserve Gov. Stephen Miran said higher goods prices could be the tradeoff for bolstering national security and addressing geoeconomic risks. View the full article

The threshold regards loans where the annual percentage rate is at least 1.5 percentage points higher than the average prime offer rate on first liens. View the full article

The Rithm affiliate that acquired Specialized Loan Servicing will pay $4.65 million, an amount that includes borrower restitution. View the full article

The Federal Reserve said in a statement that its "understanding of innovation products and services have evolved" since the initial guidance was published in 2023. View the full article