- Sep 16-17, 2025|San Diego, CA
Mortgage lender Lower accuses New American Funding of stealing a San Antonio branch in early 2025.
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The Federal Reserve chair said he supports the revised proposal outlined by Vice Chair for Supervision Michael Barr and said the new proposal would get a vote by the full Board of Governors early next year.
September 18 -
Short-term rate cuts often don't immediately translate to lower financing costs for 30-year home loans, and there are some unique circumstances this time.
September 18 -
The government agency also finalized a rule that will bring virtual home buyer counseling services to consumers.
September 18 -
The move signals the end of the Federal Reserve's battle against runaway inflation in the wake of the COVID-19 pandemic. Fed officials expressed divergent views on further action this year.
September 18 -
The industry leader is the third wholesale competitor to allow larger mortgages months ahead of the government's official announcement.
September 18
Lenders recognize the value of regular review of the tech stack, but their approach needs to involve year-round check-ins and conversations with vendors.
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
Depositories, credit unions and nonbank lenders have different needs from their loan origination software, and smaller lenders are more agile customers.
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
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.
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As part of its opposition to a proposed rate increase by State Farm, Consumer Watchdog criticizes a reinsurance deal as more expensive than paying wildfire claims.
November 6 -
President Trump initiated changes at the Consumer Financial Protection Bureau in his first term, and the industry's frustration with the bureau has grown since he left office. But how far a second Trump administration can or will go depends on factors outside the president's control.
November 6 -
Experts anticipate that Trump's victory and expected shifts in regulatory leadership will delay finalizing Biden-era capital rules for large banks, with new officials likely favoring a less stringent Basel III framework and softer capital requirements.
November 6 -
The REIT was successful in achieving all of its near-term goals, its CEO said in an earnings call.
November 6 -
Yields on both 10-year and 2-year Treasurys moved significantly higher after the Trump election victory and that's bad news for mortgage rates going forward.
November 6