Scaling from Freelancer to Business Owner

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

Delinquencies are higher in one sector but overall pretax operating income is at a multi-decade high and adding to profit from originations. View the full article

The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate. View the full article

The 17.2% of mortgage borrowers nationwide with interest rates equal to, or greater than 6%, is the largest share since 2016, according to Redfin. View the full article

The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer. View the full article

HUD, Ginnie Mae and USDA weighed in on the status of recent actions, some of which could change due to transitions in Washington. View the full article

The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are top of mind for executives. View the full article

With the Federal Reserve eying changes to its annual examination of large bank resilience, this year's test could be the last of its kind. View the full article

Portfolio enhancements and diversifications cushion the impact of the L.A. wildfires from RMBS losses. 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

Completed foreclosure auctions should be 8% lower this year, but if home value and unemployment expectations change, all bets are off, Auction.com said. View the full article

Mortgage and housing industry groups cheered the U.S. Senate vote, which found only two Democrats crossing over to support Scott Turner's nomination. View the full article

As the Federal Reserve's overnight reverse repurchase agreement program nears zero, pressure could mount on the central bank to slow or stop its asset runoff as it fights inflation. View the full article

The partnership with homebuilder Onx Homes, the company's ninth joint venture, gives Loandepot more solid footing in the South. View the full article

Other issues have overshadowed closing costs of late but they're still a homeownership hurdle. Part five of five in a series: Automation and expenses View the full article

The average purchase loan size hit a four-month high of $447,500 as fewer home shoppers are applying for government-backed mortgage products. View the full article

The program Better Forever rewards returning mortgage customers by discounting the fee charged on their future refinance or purchase loans. View the full article

Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws. View the full article

Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds. View the full article

Since the National Association of Realtors changed its commission payment rules on Aug. 17, the impact on agent compensation has varied. View the full article

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect. View the full article

The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago, the central bank said Tuesday. View the full article

The newly created entity, Rithm Acquisition, is a possible, albeit unlikely, way to finally take its NewRez mortgage lending business public. View the full article