Manuel Valdes, after he was terminated and sued by Cornerstone, brought a claim against his former employer, plus Marc and Adam Laird, alleging discrimination.
The nation's largest homeowners insurance providers imposed rate hikes in double-digit percentages last year, led by Farmers' 53.5% increase in Maryland.
Slightly more than one-fourth of borrowers with it experienced pandemic-related challenges, the Mortgage Bankers Association found.
These attempts to remove legit items from credit files are made with the aim of at least temporarily boosting the credit score in order to get a loan.
Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.
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The Senate confirmed former Federal Deposit Insurance Corp. board member Jonathan McKernan to serve as Treasury's under secretary for domestic finance on a party-line vote, installing a key industry ally in the Treasury Department.
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Traders are bracing for a range of Fed outcomes: some hedging flows have favored outlier dovish scenarios and other trades have focused on the possibility that the Fed forgoes a move at one meeting.
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Applications for mortgages to buy a home or refinance both fell for a second week, marking a swift reversal of what had been a hopeful sign of a revival in the US housing market.
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Plaintiffs accusing the lender of steering them to higher rates cited comments LOs made under oath describing elements of the alleged scheme.
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More than 15% of homes that went under contract in August were canceled, as the market heavily favored buyers, a Redfin report found.
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The minority homebuilder share of the industry more than doubled after 2007 but lags when compared to the total non-white U.S. population, according to NAHB.
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- Servicing BulletinTuesday, ThursdayInsights and perspectives for the mortgage servicing professional.
- Technology BulletinThursdayA roundup of the latest headlines and opinions on the mortage technology sector.
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The technology giant and the federal government both have vested interests in protecting customer and proprietary information. Making concessions for any will set a dangerous precedent to make concessions for all.
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Meaningful rules encouraging Fannie and Freddie to do more with manufactured housing would allow more lenders into the market and make pricing more competitive.
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With the stakes so high for compliance officers, their rights and responsibilities should be clearly defined, including a safe harbor for those who play by the rules.
- ON-DEMAND VIDEO
Monetary 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
- ON-DEMAND VIDEO
With 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
- ON-DEMAND VIDEO
Will 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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