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The reverse mortgage lender is closer to profitability and plans to maintain its New York Stock Exchange listing status, executives said in an earnings call.
August 7
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One California insurer received an approved rate change for 56.4%, an increase affecting over 17,000 borrowers.
August 7
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Rule changes would come after a fraud investigation uncovered falsified numbers at a leading finance firm, according to the Wall Street Journal.
August 7
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Falling rates provided a boost for the refinance market, with activity hitting a two-year peak, according to the Mortgage Bankers Association.
August 7
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Borrowers are reacting to more media coverage of wider windstorm activity and events like a Tri-State earthquake, experts said.
August 7
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The lender says it's reached an "agreement in principle" to end a consumer class action complaint over its wide-ranging January hack.
August 6
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Crisis-era issues highlight why certain measures like equity and insurance innovations may be good for servicers to have on hand, a new report suggests.
August 6
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The parent of United Wholesale Mortgage came in two cents lower on operating earnings, which does not take into account a drop in mortgage servicing rights valuation.
August 6
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President Joe Biden's administration and Senate Democrats are ramping up pressure on the Federal Home Loan Bank system to pump more money into solving the nation's housing crisis.
August 6
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High borrowing costs led to fewer mortgage originations in the second quarter, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit released Tuesday.
August 6
