The Latest

An unnamed hacker in December "potentially removed" sensitive consumer data including Social Security numbers from the wholesale lender.

Combining the two property preservation firms brings specialized technology and capabilities that Five Brothers has to MCS and broadens the operations of both.

While the GSE searches for a permanent successor, Hutchins will also serve concurrently in his role as president following Michael Devito's departure on March 15.

The pending agreement won't significantly impact commissions payments themselves, attorneys for the association said.

The increase in production revenues was canceled out by higher expenses, a sign that too much capacity remains in the system, the Mortgage Bankers Association said.

Large U.S. companies with global footprints, including many in the financial services space, have developed their privacy practices to comply with the EU's Global Data Protection Regulation. Many observers expect this will be the case with AI as well, writes the Senior Regulatory Counsel at Covius Compliance.

Some potential sellers are realizing that waiting for lower rates might not be worth it given the amount of equity they have, Zillow said.

While prices for concrete, steel and gypsum products all increased, softwood lumber declined, the National Association of Home Builders said.

Cost of property coverage rose more than 55% over the last five years and it'll likely keep rising through 2024, a report from Guaranteed Rate found.

The troubled Long Island-based lender laid out steps that it's taking to improve its loan-review process. The remediation efforts follow a massive loan provision last quarter, which led to a management shake-up and a $1 billion rescue led by former Treasury Secretary Steven Mnuchin.