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 a new CEO, an FDIC settlement, and more!
The new president of Movement Mortgage previously held senior positions at Stearns Lending, Caliber Home Loans, Bank of America and Countrywide.
The Treasury's financial crimes arm alerted banks to the dangers of AI-powered fraud, urging close monitoring and swift reporting of any suspicious activity.
Mortgage rates have stopped the run of increases following the September Fed meeting but consumers are not likely to notice.
Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on servicing.
In a speech, Federal Reserve Gov. Adriana Kugler said sound monetary policy comes when electoral politics are kept out of central banking.
The incoming Trump administration is expected to prioritize an activities-based oversight approach to nonbank entities, just as the Biden administration has. It may also leave its designation power intact, but unused.
