- Sep 16-17, 2025|San Diego, CA
The systematic miscalculations diverted thousands of dollars from people who fell behind on loans, said documents filed in federal court in Brooklyn.
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An interest rate drop spurred an unusually high number of recently originated mortgages to prepay, and one loan type proved to be particularly reactive.
December 9
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Continued reductions by the Federal Reserve in short-term interest rates should benefit mortgage volume, and thus title insurance activity, Fitch Ratings said.
December 9
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The company's closure comes in a year when it touted successful capital investments but also faced growing legal scrutiny.
December 9
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Americans for Financial Reform wants investigations into the directors and executives of Silicon Valley Bank, Signature Bank and First Republic Bank released before the Jan. 20 inauguration.
December 9
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Pressing items in the mortgage industry include a behind-the-scenes look at the issues plaguing USAA, a recent lawsuit at Movement Mortgage and more.
December 9
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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The agreement with the Securities and Exchange Commission resolves allegations of employee supervision shortcomings in the bank's capital markets division.
January 16
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Scott Bessent, Donald Trump's pick to serve as Treasury Secretary, handled a policy-heavy confirmation hearing with poise, highlighting his preference for relaxed bank regulation, support of the 2017 Trump tax cuts and a hawkish approach to spending.
January 16
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The non-QM segment industry-wide had a 25% increase in issuance dollar volume during 2024 as market conditions for private-label securitization were better.
January 16
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The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury peaked before reversing course.
January 16
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The removal of the fourth-quarter implementation date also impacts the planned addition of a bi-merge report option.
January 16
