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A new state omnibus bill also adds explicit language and rules addressing servicing loan transfers and timely notifications of changes in escrow amounts.

An audit by the Office of Inspector General concluded that information security programs at both the Federal Reserve Board and the Consumer Financial Protection Bureau are no longer effective due to critical vulnerabilities.

BCG finds lenders are turning to AI and M&A to permanently cut costs, even as origination volume and gain-on-sale margins showed year-over-year improvement in Q1.

Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. 

Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. 

A below-normal hurricane season may be ahead, according to NOAA, but insurers say preparedness remains critical as climate risks and coastal development intensify.

Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.

The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.

The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.

Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.