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CFPB agrees to settle employee discrimination lawsuit for $6 million -
Senate confirms Jefferson as Fed vice chair -
Capital rules may have 'poisoned the well' for bank policy on the Hill -
6 lessons learned after the merger of small IMB trade groups -
Administration urges Supreme Court not to hear state preemption cases
- Sep 16-17, 2025|San Diego, CA
Marianne Lake will oversee strategic growth and the company's fast-growing overseas consumer bank.
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Pacific Residential Mortgage discovered the ransomware incident just weeks after the successful completion of its merger with an Ohio-based lender.
April 1
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The deal is composed of 11,547 seasoned performing and reperforming loans that are first and second lien. Loan servicing includes a 180-day chargeoff feature.
April 1
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Judges ruled that Atlantic Trust and District Lending continuing to send loans to UWM after the controversial amendment equates to accepting the ultimatum.
April 1
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The global asset manager wanted access to the smaller company's residential mortgage credit strategies, which will become available to a larger investor base.
April 1
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This transaction, following Rocket's purchase of Redfin, could be the start of the creation of large players to compete with the likes of Zillow.
March 31
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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Fifth Third Bancorp revised its guidance, but still expects record net interest income for 2025, even as commercial clients signal that economic volatility will drive up inflation.
April 17
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The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago.
April 17
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Ligation by the Ohio attorney general claims UWM has turned brokers in its network into retail loan officers who solely work for the company.
April 17
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The super-regional bank cited "a material slowdown" in investment banking and trading income as one reason for the lower revenue forecast. Interest rates are also a factor, executives said.
April 17
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Housing starts in the US fell in March by the most in a year, as weak demand from high prices and mortgage rates gives builders little confidence to break ground.
April 17
