The Senate voted to confirm Federal Reserve Gov. Michelle Bowman's nomination to be the vice chair for supervision at the central bank in a 48-46 party-line vote.
The wholesale giant meanwhile is suing four partners for selling loans to Rocket Mortgage and Fairway Independent Mortgage Corp., in violation of its 2021 decree.
The increase in second-lien residential loans in this category was even more pronounced, according to Standard & Poor’s Dow Jones Indices and Experian.
The Federal Housing Finance Agency director should spend less time on partisan attacks and social media posting, and more on trying to resolve the housing crisis.
The American Land Title Association is supporting Fidelity National Financial's efforts to stop an anti-money laundering rule from going into effect.
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Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.
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The deal is the seventh prime jumbo issuance from Chase Home Lending Mortgage Trust in 2025.
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US Treasuries fell for a fifth day as demand for long-term government debt across the globe wanes amid a flurry of bond auctions this week.
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The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus will remain in place.
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California-based Dunmor said it is launching a wholesale division, which will be led by a former Newfi executive.
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A federal judge rejected defenses by a brokerage that acknowledged selling loans to both United Wholesale Mortgage and rival Rocket Pro TPO.
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Also some advice on complying with the ability-to-repay requirement.
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Dealing with other income when it comes to underwriting loans and proving the borrowers' ability to repay.
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Any salesperson will tell you that conversion is the key to success, but few are good at ensuring that it happens without a well-developed sales process.
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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
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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
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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.
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