The home insurer's objections to an in-person public hearing with regulators are dismissed by a California administrative judge, along with efforts to separate and postpone wildfire claim handling complaints from the rate hearings.
The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.
While a majority of current forborne borrowers sought relief for reasons related to COVID-19, servicers are seeing a growing share of cases involving natural disasters or personal financial issues, the Mortgage Bankers Association said.
Vic Lombardo, new head of mortgage services, has identified growth ideas and new revenue streams for Motto Mortgage and Wemlo, Remax CEO Erik Carlson said.
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Manuel Valdes, after he was terminated and sued by Cornerstone, brought a claim against his former employer, plus Marc and Adam Laird, alleging discrimination.
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Pennymac increased its single-unit conforming loan limit from $806,500 to $819,000, following United Wholesale Mortgage.
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A fintech sourcing shared ownership of second homes is getting a revolving credit line to fund loan sales into the secondary market for non-qualified mortgages.
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The buying is fueled in part by a $3.6 billion infusion that REITs got from selling new shares, according to data compiled by Bloomberg.
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Get your burning questions about the mortgage industry answered at this Ask Me Anything of top producers.
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Intermediary automation has increased the immediate availability of product, pricing and eligibility information to both sides of the mortgage business.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Origination BulletinDelivered Every WeekdayHeadlines, marketing tips, and opinions for loan officers and origination sector professionals.
- 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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Consent orders with Sprint and Verizon demonstrate the extent that the Consumer Financial Protection Bureau expects businesses including lenders to affirmatively protect consumers from harm in any way related to the business transacted between them.
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There are more similarities between the NFL and the mortgage industry than at first meets the eye.
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Lenders are heading into the MBA's Secondary Market Conference with stronger origination volumes and secondary market relationships than last year. But how long will these volumes last and how can the industry make the most of them?
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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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