Industry News
Coming Up:
Builder Confidence Stalls As Discounts Deepen — Now The Fed Has Cut
What builder sentiment, Fed moves signal for LOs and brokers
After Fed Rate Trim, Powell Leaves Murky Path Ahead On Cuts
What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more
Rithm Capital To Acquire Paramount Group In $1.6B Deal
Parent company of Newrez continues expansion beyond mortgage lending
Union Home Mortgage Acquires Sierra Pacific Origination Assets
Sierra Pacific’s wholesale-heavy mix joins UHM’s balanced growth trajectory
Fed Welcomes Stephen Miran To Board Ahead Of Expected Rate Cut
New governor sworn in as central bank preps for its likely first policy move of 2025, with mortgage markets watching closely
‘Safe Havens For Financial Predators’
Consumer groups warn CFPB’s plan to narrow nonbank supervision would gut oversight as the bureau braces for layoffs
Ex-NASA Employee, Husband Convicted In Mortgage Fraud Scheme
How LOs can avoid fraud red flags in a climate of increasing scrutiny
CFPB Warns Staff Of Possible Layoffs As Funding Cap Looms
With its budget ceiling nearly halved, CFPB weighs workforce cuts just as it proposes narrowing supervision of nonbank lenders
Figure Goes Public As HELOC Growth, Marketplace Vision Take Center Stage
After turning $29M profit on $191M revenue and $6B in home equity lending, Figure’s IPO underscores push to reshape non-agency markets