Scaling from Freelancer to Business Owner

With the increase in investor-owned properties, the risk of undisclosed real estate fraud, including occupancy misrepresentation, rose 9% in the third quarter. View the full article

The fintech had over $2 billion in home equity line of credit volume in the third quarter and reported growing production in its crypto and non-QM offerings. View the full article

Representatives of the insurance industry called the proposal too speculative and prescriptive, while consumer and environmental advocates say it doesn't go far enough. View the full article

Federal Reserve Gov. Christopher Waller said in a speech Monday that private and public-sector data suggests that the labor market is continuing to weaken, making a 25 basis point rate cut in December a prudent choice. View the full article

Application error findings rose over 15%, the second quarter in a row they have moved higher, the post-closing file review from Aces Quality Management found. View the full article

Home Depot's bleak forecast provides another warning about the strength of US consumers in the absence of official economic data during the US government shutdown. View the full article

The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. issued a final rule Tuesday that softens leverage demands for the biggest and most systemically risky banks and lowers the community bank leverage ratio to 8%. View the full article

The New York Stock Exchange disclosed the news on Monday of the sudden passing of its head of International Capital Markets. View the full article

Years ago, the Federal Housing Administration helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes. View the full article

Non-banks tracked by Morningstar DBRS reported combined net income of $367 million for the third quarter, down from $807 million three months prior. View the full article

What developments around rent reporting and new credit standards portend for mortgage companies. Part 2 of a series on government-sponsored enterprise changes. View the full article

The drop in mortgage rates as measured by Freddie Mac, came about even as the 10-year Treasury yield used to price loans moved higher since Thanksgiving. 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

A recent Remax survey found 88% of respondents said they are "very" or "somewhat likely" to purchase a home next year. View the full article

Treasury yields climbed to the highest in more than two months, following losses in most global government-bond markets, ahead of a Federal Reserve interest-rate decision that may alter expectations for monetary policy in 2026. 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

A former employee cited a ransomware gang's claim in October that it stole 20 terabytes of sensitive customer information from the industry vendor. 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

Nonfarm payrolls increased 64,000 in November after declining 105,000 in October, according to Bureau of Labor Statistics data out Tuesday. View the full article

The trade group's letter to FHFA Director Bill Pulte pointed out that lenders were facing credit report price hikes for four straight years. View the full article

AI tools like ChatGPT are reshaping mortgage marketing, forcing lenders to rethink SEO, brand authority and how they show up as consumers turn to generative search for answers. View the full article

The regulator lowered benchmarks for acquisitions of certain single-family loans including low-income refinances, and left multifamily targets intact. View the full article

Under a proposed rule, the agency would let most nationally chartered firms off the hook for heightened regulatory standards. The rule would raise the bar from $50 billion to $700 billion of assets and leave only eight firms subject to heightened regulation. View the full article

The latest announcement comes two months after an initial round of staff reductions following approval of Rocket's acquisition of the company. View the full article

The Mortgage Bankers Association is examining the data to see if the high ratio warrants a new push for a premium cut but said rising arrears call for caution. View the full article