Scaling from Freelancer to Business Owner

The lender isn't accusing United Wholesale Mortgage of wrongdoing, but says a broker secured loans for the same customers from both companies weeks apart. View the full article

The government-sponsored enterprises plan to back off competition with the FHA and some think they'll incentivize different loan types. Part 4 in a series. View the full article

The class action suit doubles down on accusations that the homebuilder and its lending arm are deceiving borrowers about their monthly mortgage payments. View the full article

The decision in a New York case that is also undergoing federal review puts pressure on related parties to get things right within a statute of limitations. View the full article

The company's latest funding announcement caps off a year of tailwinds that propelled growth for home equity investment platforms and related lending products. View the full article

The investor markets already set mortgage rates to include the 25 basis point reduction the FOMC announced, and it is too early to see the longer-term effect. View the full article

The lowest-priced properties purchased by investors typically left them in the red when sold, according to the latest home flipping report from Attom. View the full article

A modest improvement in prices and mortgage rates encouraged buyers. Signings have now increased for four straight months, matching a pandemic streak. View the full article

A significant portion of the loans in the pool by balance, 44.5%, are designated at non-QM, according to DBRS, adding that about 50% of the loans in the pool were made to investors for business purposes. View the full article

The rally sparked by the weekend US arrest of Venezuela's President Nicolas Maduro also faltered as oil prices rebounded from their initial declines View the full article

Yields gravitated back toward session lows — down three to four basis points on the day — after the December ISM manufacturing gauge unexpectedly dropped. View the full article

The impact of extreme weather remains top of mind for many, with a majority of homeowners citing it as a factor behind purchase or relocation considerations. View the full article

While the US military operation in Venezuela didn't hit sentiment on American financial markets, the action reminded investors how tenuous any trading thesis can be in a world undergoing geopolitical changes. View the full article

The deal still faces a lawsuit from activist investor HoldCo Asset Management, which contends that Comerica didn't properly shop itself before agreeing to sell to Fifth Third. View the full article

A housing official renewed his call for credit bureaus to address lenders' concerns. Low pull-through magnifies a cost that's small relative to others. View the full article

Wells Fargo, JPMorgan Chase, U.S. Bancorp and Citigroup will streamline borrower requests for an additional 90-day forbearance, allowing verbal applications. View the full article

Yields across maturities were higher by less than three basis points after rebounding from session lows. View the full article

Lenders shouldn't expect the latest jobs numbers to yield major monetary policy moves after the unemployment rate came in mostly flat last month, experts say. View the full article

The Senate allowed the nomination of a permanent director of the Consumer Financial Protection Bureau to lapse, giving acting Director Russell Vought more time to lead the agency on a temporary basis. View the full article

The bank did $16 billion of originations during the final three months of 2025, with the quarter-to-quarter increase beating industry-wide growth forecasts. View the full article

A retail channel veteran, Promisco has spoken frequently about the potential of AI to bring efficiency and lower costs in the loan origination process. View the full article

State regulators say proposed changes by the Federal Reserve that would make state bank examiners the primary boots on the ground will make bank examinations faster, but could cause some issues to go overlooked. View the full article