The company valued its 31.5 million share common stock sale at $25 per share, higher than the last announced expected range of between $20 and $22.
Continued reductions by the Federal Reserve in short-term interest rates should benefit mortgage volume, and thus title insurance activity, Fitch Ratings said.
The shape it takes could have implications for how Fannie Mae and Freddie Mac price loans for nonbanks and depositories.
Leigh White, CEPA, is founder and chief technology officer of Myriad Advisor Solutions. She specializes in AI, cybersecurity and technology solutions for financial advisory firms.
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The real estate agent's guilty plea is the first under the law passed last summer, following thousands of deed theft complaints in the past ten years alone.
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The top Senate Democrat pressed Treasury Secretary Scott Bessent for more details about the Trump administration's efforts to take the mortgage giants public.
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FHFA's announcement has investors increasingly concerned about the Bozeman, Montana-based FICO losing both pricing power and a competitive edge.
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Contract closings fell 0.2% last month to an annualized rate of 4 million, according to National Association of Realtors figures released Thursday.
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As home prices reach new heights, mortgage expenses are unaffordable for the typical earner in a third of the nation's largest 580 counties, according to Attom.
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The embattled regulator has dropped more than half its Biden-era docket, including cases against Apple and U.S. Bank. But insiders at the bureau say that's just the beginning.
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The methodologies and paths for proactive consumer outreach can vary dramatically depending on multiple risk factors that servicers must have a plan to mitigate.
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As new foreign bank regulations push financial institutions to shed risk-weighted assets, companies like Barclays and RBS are reducing their roles in the mortgage-backed securities market. But reduced competition in this sector is bad for liquidity.
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Incorporating bill and rental payment data into consumer credit scores would be a boon for underserved Americans. New legislation in Congress could help credit reporting agencies realize this goal.
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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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