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Surveyed employees at top mortgage companies say pay is solid: 83% feel fairly compensated, with bonuses, benefits, and flexible options helping recognize hard work.
March 10 -
Former CEO Michael Strauss, who's left a wake of debts in New York, has no assets of value for plaintiffs to recover even if they secured default judgment.
March 10 -
In the highest-priced housing markets, some buyers see adjustable-rate mortgages as the only loan they may initially qualify for, Cotality found.
March 9 -
San Francisco-based Anthropic is challenging a decision by the department and other federal agencies like the Federal Housing Finance Agency to shift their AI work to other providers.
March 9 -
The company dropped the broker channel just months after Frank Martell became CEO; now that Anthony Hsieh is running things again, LoanDepot brought it back.
March 9 -
TransUnion cuts VantageScore 4.0 to $0.99, aiming to boost lender choice and affordability as FHFA pushes mortgage score modernization and competition.
March 9 -
An estimated 565,000 first-lien refinances closed in the fourth quarter, up 50% from a year prior and the most since the second quarter of 2022, ICE found.
March 9 -
Treasury yields swung wildly after a soft jobs report as oil's surge added a new complication for the Fed, raising concerns about the rate path ahead, according to the head of correspondent business development at AD Mortgage.
March 9
AD Mortgage and IF Securities -
Borrowers or lenders could use the prediction markets as a hedging tool, although experts noted the lack of trading volume as cause for caution.
March 9 -
The industry welcomed the Department of Veterans Affairs' plan for implementing legislatively-created borrower relief but some would like more clarification.
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