Scaling from Freelancer to Business Owner

The deal has an extensive capital structure, which is expected to repay investors sequentially, with notes enhanced by subordination. View the full article

The deal is composed of 11,547 seasoned performing and reperforming loans that are first and second lien. Loan servicing includes a 180-day chargeoff feature. View the full article

The regulator has a projected fiscal year 2025 budget of $810 million, according to a nonpartisan analysis. View the full article

Sen. Mike Rounds, R-S.D., has filed a Congressional Review Act resolution to repeal the Consumer Financial Protection Bureau's rule barring medical debt from credit reports. View the full article

If the government were to end the Fannie Mae and Freddie Mac conservatorships, the new status could constrain CRT deal ratings, as they are counterparties. View the full article

Origination volume at the San Diego-based company rose 57% to $24 billion in 2024. View the full article

Ice storms, straight-line winds and tornadoes occur more frequently than hurricanes and earthquakes and those insurance claims can stack substantially. View the full article

The financial services unit also made a categorization change that revised comparisons to prior periods and will be working with its REIT affiliate in new ways. View the full article

Once regulatory clarity emerges, the home equity investment space will attract more investors and potential new originators, a panel of industry experts said. View the full article

ACHM 2025-HE1 will repay notes using a pro-rata, sequential pay structure that must satisfy an overcollateralization test, and cumulative loss and delinquency triggers. View the full article

A House Financial Services Committee spokesperson said the committee will hold its required semiannual hearing with the Consumer Financial Protection Bureau director after nominee Jonathan McKernan is confirmed rather than with interim director Russell Vought. View the full article

Recent housing trends more favorable to buyers will ease some of the pressure for higher down payments in order to secure a winning bid, Redfin finds. View the full article

The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows. View the full article

Pent-up demand and the rapid pace of home appreciation is fueling the ongoing rise in home prices, even as mortgage rates present obstacles for buyers. View the full article

A national gauge of prices rose 3.9% from a year earlier, according to data from S&P CoreLogic Case-Shiller. View the full article

At the same time builders and lenders report contracting credit on offer, sentiment in the residential construction industry improved in the latter half of 2024. View the full article

Measures of current sales of single-family homes and prospective-buyer traffic, dropped to their lowest levels since the end of 2023. View the full article

US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more than one-year low and prices of construction materials are climbing on the heels of higher tariffs. 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

Between the estimated damages in Los Angeles and rising home insurance prices, policyholders are left wondering how the market will fare in 2025. View the full article

Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power. View the full article

The deal was highly vetted with regulators following the publicly traded company's failure to obtain approval in a past agreement, an executive said. View the full article

The Massachusetts attorney general noted some consumers were caught by surprise when they realized the full cost of their agreements after signing. 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