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Rocket Mortgage entered into an agreement with the Department of Housing and Urban Development and will pay the consumers $65,000 to resolve the matter.
May 13 -
The digital lender also agreed with a former executive to drop her lawsuit accusing the company of misleading investors.
May 13 -
Also, Hometap boosts capital markets unit with Wells Fargo alum, while Planet Home, A&D Mortgage, National MI and Mobility Market Intelligence all find new chief financial officers.
May 13 -
For the first time since the Federal Reserve started raising short-term rates two years ago, the number of home purchase mortgages locked rose on an annual basis, Optimal Blue found.
May 13 -
A good compensation package is a key recruitment and retention tool, but the agreements have to be sustainable to be successful.
May 13 -
The new Financial Stability Oversight Council report also recommends an expanded Ginnie Mae PTAP facility and an industry-funded liquidity resource.
May 10 -
The publicly traded title holding companies all had stronger earnings as the mortgage market improved from one year prior.
May 10 -
One in every 37 residential properties nationwide had a loan-to-value ratio of 125% or greater to begin the year, according to a new report.
May 10 -
There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.
May 10 -
Max Levchin, CEO of the buy now/pay later lender, said recent tests show young adults prefer interacting with intelligent chatbots over phone-based agents, but the company doesn't foresee major cost savings from generative AI for a few more years.
May 10