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In the worst-case scenario, $1.8 trillion in reconstruction costs could result from coastal storms in 2019, even as hurricane experts predict a near-normal year for this season, according to CoreLogic.
June 3 -
Mortgage company merger and acquisition activity should continue to increase in 2019 as loan production costs rise and originations stay flat.
June 3 -
The anti-bribery law that Stephen Calk is accused of breaking carries stiff penalties — up to 30 years in prison — but violations can be relatively hard to prove because prosecutors must establish the defendant had a corrupt state of mind.
June 2 -
Mortgage application fraud risk declined for the first time since last summer because the home sales market became less competitive with an easing of the inventory shortage, First American said.
May 31 -
Investors shouldn't overreact to the first-quarter shift in private mortgage insurer market share, said the CEO of the company that benefited most from the change.
May 31 -
Mortgage industry hiring and new job appointments for the week ending May 31.
May 31 -
BSI Financial agreed to pay a $200,000 fine along with restitution to settle allegations from the Consumer Financial Protection Bureau that it mishandled mortgage servicing rights transfers for loans in the loss-mitigation process.
May 29 -
Freddie Mac uncovered a growing number of fraudulent school records and work histories in California, where Fannie Mae also has noted increasing instances of falsified employment information.
May 29 -
The large number of overleveraged commercial mortgage-backed securities loans coming due in 2019 is likely to cause the payoff rate to drop an additional 9 percentage points by December, a Morningstar report said.
May 29 -
First-time homebuyers face growing competition from out-of-state investors and corporate landlords looking to capitalize on Boise's increasing rents.
May 29