Consider yourself a scholar of the latest mortgage servicing litigation and Fannie Mae announcements? In this week's National Mortgage News quiz, test your knowledge on articles covering international buying trends, NTRAPs, and more!
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A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.
59m ago -
The deal will create liquidity for the lender's shareholders while giving the distillery access to the mortgage company's sales tools, the firms said.
1h ago -
Growth in housing costs should slow down over the next two years, but projections for 2024 were revised upward in a Fannie Mae survey of experts.
1h ago -
Federal Reserve Bank of New York President John Williams said he's seen enough data to be comfortable with a rate cut at the Federal Open Market Committee meeting later this month.
5h ago -
After hikes pinched profits across the industry, a move in the opposite direction could be the start of a more promising trend. But bankers caution that the immediate effects of a September rate cut figure to be small.
6h ago -
Other estimates suggest nonbank mortgage employment grew in July as the industry cautiously added staff to handle incremental growth in demand for loans.
7h ago