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In a speech, the Federal Reserve Board governor said tighter monetary policy is not to blame for the volatility seen in the banking system this spring.
June 16
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The largest nonbank servicer did not offer appropriate assistance to more than 80% of borrowers with delinquent government loans after their COVID-19 forbearance ended, HUD's Office of the Inspector General claims.
June 16
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Approximately 32% of those surveyed by Everee said they plan to leave the business in the next 12 months, with another 17% saying they didn't know if they would stay.
June 16
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Originations have plummeted and while servicing revenue exists, it could be undermined by expenses if a typical recession follows last year's rate rise.
June 16
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The Ohio-based giant is barred from accessing documents allegedly stolen when employees hopped from one firm to the other.
June 16
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The marketplace has a large appetite to acquire risk-adjusted rental product. Investors see tailwinds leading to a revitalization of SFR capital markets by yearend.
June 15
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The findings from Standard & Poor's show little impact from the Federal Housing Finance Agency's proposal regarding what information is required to underwrite a conforming mortgage.
June 15
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The number of new listings coming to market in recent weeks fell by over 23% annually, with Western cities seeing the largest rates of decrease, according to Redfin.
June 15
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The legal proceedings, which began in 2012, claim that Quicken Loans, now Rocket, inflated the appraisal value of 2,769 properties refinanced from 2004 to 2009 in West Virginia.
June 15
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But the full year rate for 2022 increased as a record high for adverse findings was set in the third quarter, Aces Quality Management said.
June 15
