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Banking industry goes on offensive against Basel III endgame proposal -
Does the FHFA know what it's getting itself into? -
CFPB's Chopra defends his agency's mortgage rules in high court case -
FHA lifts long-standing hurdle for 'rejected' borrowers -
For the Fed, taming inflation also means navigating a housing crisis
- Sep 16-17, 2025|San Diego, CA
The lender's former chief of staff alleged the non-QM lender misrepresented loan characteristics to investors and regulators, charges which were never proven.
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The underlying prime mortgages have an average balance of $358,024, a weighted average (WA) original FICO score of 776, an original cumulative loan-to-value (LTV) ratio of 73.6%.
April 3
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UWM, embroiled in an us-or-them feud when it comes to business partners working with Rocket, terminated its subservicing and sales deals with Mr. Cooper.
April 3
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Compliance concerns prevent some lenders from moving toward development of an AI plan or policy, but hesitancy may turn out to be a poor business strategy.
April 3
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The first year of Otting's tenure as the New York lender's CEO brought substantial change, but the job isn't done. His goal: to build a powerhouse, profitable regional bank.
April 3
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Some members of the Senate, where the GOP majority is thinner, also are asking the Federal Housing Finance Agency to reveal more about planned mortgage reforms.
April 2
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 FHFA director, who's posted numerous updates on social media, has yet to hint at a potential Fannie Mae and Freddie Mac exit from conservatorship.
April 22
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The partnership between the customer contact software provider and the operator of the Empower loan origination system was announced nearly one year ago.
April 22
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From changing the boards of Fannie Mae and Freddie Mac to nixing DEI programs, the Federal Housing Finance Agency's Pulte era has been busy.
April 22
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The top five banks had a combined second-lien loan volume of more than $95 billion at the end of December 2024.
April 22
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The homebuilder agreed to acquire Alliant National in a transaction announced last October, with this deal closing after the Cherry Creek mortgage purchase.
April 21
