Scaling from Freelancer to Business Owner

The automation provider plans to unveil functionality at its upcoming user conference aimed at improving new loan boarding and investor reporting processes. View the full article

Implemented in January, the Biden administration rule addressed flood risk in designated zones, setting building levels that were higher than FEMA standards. View the full article

On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable. View the full article

The MBA disclosed the year-end rankings of income-producing mortgage servicers at its yearly conference for this part of the industry. View the full article

The acting leader is a co-author of the conservative playbook in which a former Fannie Mae and HUD director calls for abolishing the regulator. View the full article

Bids were due last week for the portfolio of so-called jumbo mortgages from US homeowners with relatively high credit scores. View the full article

A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case. View the full article

The top five banks had a combined wholesale volume of more than $20 billion at the end of 2024's fourth quarter. View the full article

January's median payment also grew at its fastest pace since October as volatile interest rates hit homebuyers' wallets, the Mortgage Bankers Association said. View the full article

Offices, apartment buildings and retail locations in Los Angeles face a tangle of difficulties as the smoke clears from January's wildfires. High on the list is inadequate insurance, a common problem in California. View the full article

As homeowners insurance becomes expensive and hard to find, mortgage loan officers should work closely with insurance agents, said Travis Hodges of Viu by Hub. View the full article

Looking to recreate the buzz from its 2016 ad, Rocket leads spectators at the Superdome into a live version of 'Take Me Home Country Roads' during the big game. View the full article

Homebuyers would be able to take advantage of streamlined finance options, folding energy infrastructure costs with their mortgages, the companies said. View the full article

Scott Turner, secretary of the Department of Housing and Urban Development, extended borrowers more leeway after he toured the region with a local official. View the full article

Ryan Donovan, the Council of Federal Home Loan Banks' CEO, foresees affordable housing mandates becoming more focused on home supply than demand. View the full article

Union Home Mortgage claims eight of its managers and an LO transitioned to American Pacific Mortgage, breaching a number of agreements. View the full article

While prices and mortgage rates are having an effect on consumers, homeownership is still more affordable than renting in much of the country, new research found. View the full article

While mortgage employment is lower year-over-year, the mixed bag of data makes it more likely that borrowing rates will remain higher for longer. View the full article

Mortgage companies under scrutiny could see a reprieve, while the status of functions like behind-the-scenes guidance inquiries is uncertain, experts say. View the full article

The complaint claims Lendingtree and its subsidiary failed to implement proper protocols, such as two factor authentication, to keep customer data safe.

The new tool taps into Intercontinental Exchange's AllRegs database, which contains over a million pages of guidelines from various sources. View the full article

Federal Reserve Chair Jerome Powell said insurance companies and banks are already pulling out of disaster-prone areas, which could pose problems. View the full article

Metrics the influential government-related mortgage investor is adding appear to be in line with a broader move to examine the impact of serial loss mitigation. View the full article

A joint venture with Sixth Street will give Figure more liquidity to scale Figure Connect, a blockchain-based private capital marketplace. View the full article

The Fannie Mae Home Purchase Sentiment's February drop is looking like a precursor for what might be a difficult 2025 Spring homebuying season. View the full article