Finance

The builder's lending unit bought servicing and secondary market approvals that weren't part of Guild's previous acquisition of CCM's production and branding.

Origination volume at the San Diego-based company rose 57% to $24 billion in 2024.

The Top 50 Firm is acquiring a firm based in the northwest suburbs of Chicago that specializes in real estate clients.

A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case.

The automation provider plans to unveil functionality at its upcoming user conference aimed at improving new loan boarding and investor reporting processes.

Metrics the influential government-related mortgage investor is adding appear to be in line with a broader move to examine the impact of serial loss mitigation.

Easing regulations on the GSEs will likely drive elevated activity in non-QM if or when it occurs, leaders at the real estate investment trust also said.

Excess cash flow will pay timely interest and protect against realized losses in the rated certificates before being paid out to the class X notes.

Its Arc Home lending business made money in December and January as the company leans more into home equity originations, which helped financial performance.

Rep. Maxine Waters, D-Calif., the Committee on Financial Services' ranking member and other members of her party plan to confront HUD Secretary Scott Turner.

Servicers—Citadel, NewRez and Selene Finance—will not advance any delinquent principal and interest. Eventually, that should reduce loss severities to the deal.

Company executives touted the immediate returns from its rebranding and Super Bowl advertising campaign, with February activity exceeding expectations.

Ryan Donovan, the Council of Federal Home Loan Banks' CEO, foresees affordable housing mandates becoming more focused on home supply than demand.

Investment properties are the primary properties backing the collateral pool, at 80.3%, while second homes account for 19.7% of the pool.

Some precedents from Trump's first term do point to a scenario where depositories could re-enter the government mortgage market, according to one expert.

The company missed analysts' quarterly forecasts on operating earnings per share due to higher mortgage servicing rights amortization and operating expenses.

Texas Capital is arguing against summary judgment, saying prior assertions about reverse mortgages' initial and subsequent draws need to be examined in court.

Momentum against Maryland guidance that extends licensing requirements to securitization trusts is growing and some legislators want to scale it back.

Parent company Remax is reporting growing momentum in Wemlo, its technology unit that offers processing automation for loan brokers, which hiked prices last year.

Potential policy changes, a growing product niche, new thinking about whether to outsource and technology innovations are transforming the industry.