The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic.
August's Corelogic S&P Case-Shiller Home Price Index was down 0.13% versus July, affected by tougher housing markets in the South and West.
The home lending shop is suing LoanCare for negligence in how it managed loans from 2012 to 2016.
The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
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The mortgage industry is at a crossroads, with an evolving economic landscape and intense competition from tech-first startups.
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A federal judge in Colorado ruled that the appraisal discrimination case raised by the government against both Rocket and Solidifi will move forward.
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Navigating a market with razor-thin margins is a challenge.
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If the Fed reinvested the roughly $18 billion in monthly "roll-off" into new MBS, it could compress mortgage spreads, the investment management firm said.
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Is there a secret to successfully adding real estate, title and other non-mortgage services to your game plan?
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It's important to create distinct value propositions for each channel, leveraging technology and specialized teams to serve the unique needs of retail customers,
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The CFPB wants to expand banks' data reporting requirements under the Home Mortgage Disclosure Act. But this would impose even greater costs upon local financial institutions that are already overburdened by regulation.
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Today's college students are the mortgage borrowers of the future. They'll expect mobile interactions with lenders, but engaging them with the technology can be trickier than building the perfect bracket.
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The U.S. Supreme Court Fair Labor and Standards Ruling will likely revitalize interest from the plaintiffs bar regarding FLSA claims against lenders, who continue to struggle with legal compliance on this issue.
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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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