April 25, 2024By James DohnertFTC’s Ban on Noncompete Clauses Face Legal ChallengesWorkers across industries, including mortgage companies, had sent FTC comments describing how noncompetes compel them to endure jobs with poor working conditions. The MBA and other trade groups oppose the rule.
April 24, 2024By James DohnertFTC to Ban Noncompete AgreementsExamples from various industries, including the mortgage market, helped to push the FTC to issue the final rule.
April 24, 2024By Brandon IveyShort Takes: Applications Down Slightly / Sales of New Homes Increase / New CEO at Figure Technology Solutions / Lender to Offer Services in SpanishApplications declined somewhat as interest rates increased.
April 23, 2024By Brandon IveyShort Takes: Fannie Revises Originations Outlook Upward / Former Head of Correspondent Lending at Wells Lands at Mr. Cooper / DPA From loanDepot / CrossCountry Financing Energy Efficiency
April 9, 2024By Brandon IveyShort Takes: Rocket Speeds Loan Process With AI / AI Officer at FHFA / Pretium Affiliate Wins NPL Auction / CMBS Investor Changes Hands
March 28, 2024By Brandon IveyShort Takes: DOL Fine for Emotional Damages / UWM’s Margins Expected to Improve / Growth in Mortgage Payments Outpaces Applicants’ Earnings / Trees Saved From Digital Closings