Housing starts surge to highest level since December 2024

New residential construction in the US rose in March to the highest level in more than a year as homebuilders boosted production despite ongoing affordability concerns. Processing Content Housing starts increased 10.8% to an annual pace of 1.5 million homes in March, the highest since December 2024, according to figures released Wednesday by the Census […]

Housing starts surge to highest level since December 2024 Read More »

State exams are becoming a revenue exercise

A familiar scene for many independent mortgage banks: an exam turns up issues, you coordinate with state regulators or the Multistate Mortgage Committee (MMC), and what starts as remediation becomes chaotic, especially in multistate reviews, where some states may proceed independently. Suddenly you are managing dozens of parallel negotiations, and the discussion shifts from fixes

State exams are becoming a revenue exercise Read More »