Vieaux, currently president of Finlocker, will be stepping into the role at the Mortgage Industry Standards Maintenance Organization on Oct. 16.
Rithm Capital has been teasing an initial public offering of the mortgage banker for some time, and 2025 is likely to be the year, Keefe, Bruyette & Woods said.
Initial industry reactions to the redrafted strategy for reducing distressed borrower payments in a higher rate environment were largely positive.
The number of highly qualified refinance candidates rose to 1.7 million, the most in three and a half years, as mortgage rates ease.
The bill would provide pay for furloughed government workers, resume withheld federal payments to states and localities and recall agency employees who were laid off during the shutdown.
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Different markets for home equity products emerge, plus technology changes make it easier and quicker for traditional offerings to reach consumers.
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The average starter home was sold for more than $206,000 in August, yet sales increased by nearly 4% from last year, according to a Redfin report.
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In a complaint filed in Virginia federal court, the FTC said the partnership would reduce the number of websites offering apartment listings, leaving consumers with fewer places to search.
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The FHA extended the mandatory implementation date for technical updates but things are still changing on Oct. 1, when the government could shut down.
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A South Carolina resident said she received multiple calls from Freedom loan officers this summer despite registering her number on the do-not-call-registry.
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The retail giant, in asking a court to dismiss the case, said its deal with a North Carolina brokerage was within the law's carve-out for such agreements.
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If we can't identify adequate capital to bear mortgage credit losses when they are incurred, aren't we setting ourselves up for another series of bailouts in the next housing downturn?
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2016 Presidential candidate Carly Fiorina telegraphs a message that the mortgage industry would do well to heed.
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If the Consumer Financial Protection Bureau provides lenders with a hold harmless period, it must also include protections to keep lenders from facing future lawsuits related to TILA-RESPA Integrated Disclosures compliance.
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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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