Scaling from Freelancer to Business Owner

In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing. View the full article

A highly esteemed bank policy researcher and author, Petrou was an influential voice in Washington and sharp critic of the Federal Reserve's ultra-low interest rate policy after the 2008 financial crisis. View the full article

Federal Reserve Gov. Christopher Waller said during an appearance Monday his decision on whether or not to support a cut to short-term interest rates depends on labor market indicators. View the full article

The CFPB is in an existential legal brawl against it's own acting director, Russell Vought, and President Donald The President, whose confirmed goal is to kill the agency. View the full article

Gatti will be based in the firm's Washington, D.C. office, where he focuses on structuring and executing asset-backed securities deals and other structured finance transactions. View the full article

The sector has specialized data that experts can help with and may mitigate cyclical risk, but costs and customers are considerations, an industry veteran says. View the full article

A median-income household could comfortably afford a $331,483 home with a 20% down payment in January, $30,000 more than a year ago, Zillow found. View the full article

Some mortgage companies are taking advantage of a loan-interest deduction that was designed to benefit community banks, a Washington State legislator alleged. View the full article

Home buyers working with the originator won't have to liquidate their digital assets to access purchase, refinance, second-home or investment loans. View the full article

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank should focus on getting inflation to its 2% target before making any additional cuts to short-term interest rates. View the full article

Federal Deposit Insurance Corp. report shows margins widened and profitability remained high even as credit quality saw some wobbles from consumer and commercial loan portfolios. View the full article

Home prices edged up nationwide, but gains were modest and uneven. Major indexes agree on direction, differ on size, as 2025 posted weak growth. View the full article

Bowman's Basel III relief may ease MSR capital but won't bring banks back; risk weights and economics still favor nonbanks, according to the Chairman of Whalen Global Advisors View the full article

Federal Reserve Gov. Lisa Cook said AI could boost productivity, but warned the transition may raise unemployment and force difficult tradeoffs between inflation and jobs. View the full article

Nearly 14% of homes that went under contract last month were cancelled, up from 13.1% last year and the highest January share in records, according to Redfin. View the full article

The agreement between servicing technology platform Vertyx and Great Lakes Credit Union arrives as the mortgage industry sets its focus on borrower retention. View the full article

The Federal Housing Finance Agency said it is reviewing more than 9,000 pages of records tied to fraud tips submitted through a hotline launched last April. View the full article

The contract rate on a 30-year mortgage dropped 8 basis points to 6.09% in the week ended Feb. 20, according to Mortgage Bankers Association data released Wednesday. View the full article

Competitive credit could offer nine-figure cost benefits, according to a study VantageScore cited. Meanwhile, FICO added a tool to help borrowers qualify. View the full article

The bank announced Tuesday its Blueprint for Housing Opportunity plan, a five-year commitment dedicated to increasing the supply of housing. View the full article

Even after a servicing write-down, the GAAP net income of $164.4 million during the fourth quarter substantially topped comparative periods at UWM Holdings. View the full article

Aulene Wessel also previously worked in the fintech sector, and will be heading up accounting in her new post at the nonbank mortgage lender and servicer. View the full article

For five of the six private mortgage insurers, the surge of originations during the fourth quarter led to more new business versus the prior three months. View the full article