Responses to our survey question on whether Congress should overturn OCC rules that exempt national banks and their mortgage subsidiaries from state predatory lending laws finished at more than 3-to-1 in favor of the idea.The final tally was 799-254. To check out our latest survey question, click http://www.nationalmortgagenews.com/nmn/survey.htm.
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Almost half of parents said their grown children returned to live with them after graduation, placing greater challenges on their own long-term housing and retirement goals, according to a recent survey.
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In total, 84 producers from mortgage lenders including Summit Funding and Movement Mortgage have transitioned to Fairway Independent Mortgage.
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But the mortgage unit of Intercontinental Exchange narrowed its quarterly losses and touted the addition of several new customers this year in its earnings call.
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Mortgage rates reached their highest point since the end of November, seemingly not severely impacting Spring home purchase activity, Freddie Mac said.
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The company's branches and loan officers will transition to ML Mortgage but operations staff are not part of the deal.
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Like some other servicers, it recorded a positive change in valuations during the first quarter, contrasting a negative adjustment in the previous period.
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