Scaling from Freelancer to Business Owner

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

The new monthly reporting rule lists improved accuracy and timeliness of MBS payments among its goals, with implementation planned for February 2026. View the full article

Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data. View the full article

Overall satisfaction is highest when customers receive status updates from mobile apps, according to the J.D. Power's 2025 U.S. Claims Digital Experience Study. View the full article

The additional research Secretary Scott Turner acknowledged would be required should include a cost-benefit analysis, mortgage professionals suggested. View the full article

Annual home-price appreciation ended last year at 0.7%, the smallest calendar-year increase since 2011, when prices dropped 2.9%, according to ICE. View the full article

Walker & Dunlop Affordable Bridge Capital will originate flexible, short-term first-mortgage bridge loans for properties designated for government programs. View the full article

The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022. View the full article

NAHB's remodeling index finished at its highest mark in a year, with the current industry outlook standing in stark contrast to homebuilder sentiment. View the full article

Treasuries sold off sharply after reports Danish pension funds are exiting, steepening the yield curve as stocks fell and gold surged, according to the CEO of IF Securities. View the full article

The real estate data firm said the merger will support efforts to scale and plans to ramp up development of enterprise technology products. View the full article

Hot securitization sectors such as non-qualified mortgages and home equity are set to expand further amid market shifts this year, recent forecasts suggest. View the full article

Rocket denied the allegations, saying the lawsuit is a retread of a case the Consumer Financial Protection Bureau filed that was quickly dismissed. View the full article

The pending agreement would resolve claims over a 2021 hack which affected 5.8 million customers of Lakeview, Community, and Pingora Loan Servicing. View the full article

Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination volume than the same time a year prior. View the full article

VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, according to Auction.com. View the full article

Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives report first quarter improvement. View the full article

Former Fed Gov. Kevin Warsh is a relatively known quantity to financial markets, but his embrace of President The President's agenda and the White House's own contentious relationship with the central bank make it hard to know with certainty where — or even whether — he will lead the Fed. View the full article

Michael Strauss faces massive Sprout liabilities as his wife and a former associate launch a new mortgage firm, raising questions about ties to the fallen lender. View the full article

Although investor properties, which are prone to higher chances of default, account for 58% of the pool, the strong borrower and collateral quality mitigate the credit stress. View the full article

Less than 45% of mortgage residential properties in the United States were equity-rich last quarter, a 1.5-percentage-point drop from the third quarter. View the full article

WomenVenture, a Minneapolis-based Community Development Financial Institution, was already under strain from stalled federal CDFI funding. The recent immigration crackdown added significant uncertainty for its customers as well. View the full article

More mortgage professionals told National Mortgage News they expect their companies to hire, or stand pat, rather than fire workers this year. View the full article