The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long-term employment agreement that makes him a potential CEO. David Lowery, current chief executive of Patriot, plans to step down in April.
Contract closings decreased 3.4% last month to an annualized pace of 4.28 million, according to data released Thursday by the National Association of Realtors.
Travel restrictions have left hotels like Miami Beach's Fontainebleau struggling to repay their mortgage loans.
The agency has a proposed repeal in place, getting ready to be made public on July 28, which would rescind another Biden-era fair housing policy.
Numbers on use and performance point to potential for nonpublic insurers to take on a greater role but also suggest there are limits to it, Fitch Ratings found.
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The 250 top mortgage originators in 2025 brought in high volumes despite less than ideal conditions. Check back in the following days for the top 50 and the final full list, with further cuts of the data to be published thereafter.
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Plaintiffs raise prior accusations that the lender ignored applicants' debts in collections, and used unreasonable residual income calculations.
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The Wisconsin class action would retroactively award relief to some former homeowners and comes two years after a Supreme Court ruling in a similar case.
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In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.
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Sellers have roughly a month to bring transactions involving properties from the "claims without conveyance of title" and REO programs in line with the changes.
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The fraudsters aren't doing anything new or sophisticated, but are successfully using familiar tactics, said reports from CertifID and FundingShield.
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With that in mind, here is a Realtor marketing plan that one of my coaching clients recently shared with me.
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Take it seriously and be ready; its not letting up anytime soon.
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We're hearing at the MBAs secondary market conference that with many housing finance indicators and forecasts suggesting a downshift in refinancing and a modest pickup in purchases on the way, market participants do not want to be caught unprepared.
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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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