- Sep 9-10, 2024|San Diego, CA
These are just a few of the legal actions that will have implications for mortgage firms going forward.
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The 30-year fixed rate mortgage is at its lowest point since the end of October, but it is still relatively elevated at near 7%, Freddie Mac reported.
December 5
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A bot from nCino lets people in the commercial lending department quickly find information in loan documents and in policy manuals that are hundreds of pages long.
December 5
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Specialized Loan Servicing, now Shellpoint, allegedly failed to send post-bankruptcy consumers monthly statements on dormant second mortgages, the suit claims.
December 5
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Rocket argues it was unfairly tied to discrimination accusations, arguing the government aimed for "headline-grabbing claims" to bolster its case.
December 5
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Underwriting methods have been steadily shifting to traditional full documentation, which accounts for 13.3% in the VERUS 2024-9, KBRA said, its largest share since VERUS 2024-6.
December 5
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
These are the best of the best, the nation's 50 most productive mortgage originators by dollar volume.
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Federal Reserve Gov. Michelle Bowman said Friday that regulators — chief among them the Fed itself — need to do more to combat check fraud, particularly the problem of smaller banks not being reimbursed by larger banks whose checks are altered.
December 6
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Total jobs and nonbank industry payrolls saw gains, but unemployment increased on a net basis too in what's been a volatile bond market.
December 6
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Valverde, who has a wide range of experience in capital markets and housing finance, will join the government-sponsored enterprise's single-family unit.
December 6
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The average cost for a loan seller to buy back a mortgage from Fannie Mae or Freddie Mac for defects is over $32,000, a study from Reggora and Stratmor found.
December 6
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This is the second short-sale fraud case to make headlines in recent weeks, following the conviction of a New York businessman in November.
December 6
