Plaintiffs, who are all U.S. citizens of Indian origin, accuse the company of making the fraud accusations to cover up the unlawful termination.
Nearly 56,000 home-purchase agreements were voided in June with the underlying cause likely affordability, a Redfin report claims.
The latest fluctuations in some subsets of the Mortgage Bankers Association's numbers suggest it's getting a little more difficult for entry-level buyers to keep paying their loans.
Rithm Capital, a real estate investment trust, is sponsoring the deal, in which property focused investor loans represent 32.60% of the collateral pool.
John Kain is the director of Financial Services Market Development at AWS, where he drives cloud adoption across the financial services industry. He collaborates with global banks, insurers, and capital markets firms to align AWS solutions with their digital transformation goals. With over 20 years of experience, Kain has held leadership roles in business development and strategy at leading financial institutions and tech firms. His expertise bridges deep industry knowledge with a strong grasp of cloud technologies and their impact on financial services.
-
Borrowers affected by the blazes are also reeling from homeowners insurance woes, contractor shortages and inflation making rebuilding difficult.
-
Blockchain-based credit company Figure Technology Solutions Inc. filed publicly for an initial public offering, joining the rush of crypto-related firms entering the market.
-
Most of the pool, 68.6%, is in the repayment phase, while 19.1% of the loans in the pool are in deferment.
-
Among the nation's 50 largest metropolitan areas, 25 had annual price increases in July, while the others recorded price declines, Zillow found.
-
The tests modeled how Fannie Mae and Freddie Mac would fare after absorbing losses like a total $36.1 billion provision in credit losses in a severe downturn.
-
The Office of Management and Budget under President Donald Trump has not apportioned any discretionary awards to financial institutions in the fiscal year of 2025, according to new documents released by the agency.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Origination BulletinDelivered Every WeekdayHeadlines, marketing tips, and opinions for loan officers and origination sector professionals.
- Servicing BulletinTuesday, ThursdayInsights and perspectives for the mortgage servicing professional.
- Technology BulletinThursdayA roundup of the latest headlines and opinions on the mortage technology sector.
-
The increased compliance cost for smaller settlement services providers is not due to the statement, but rather because of new consumer protection rules.
-
Here is a checklist of six items you can do to be ready for the upcoming Mortgage Bankers Association annual convention or any other trade show.
-
Bank of America has taken a significant reputational hit as a result of its 2008 acquisition of Countrywide Financial. Could it have mitigated some of the damage with a different branding strategy?
-
ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
-
ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
-
ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
-
Partner Insights from Figure -
Partner Insights from Figure -
Partner Insights from Figure - Partner Insights from Hyland
