Fitch Ratings has announced that its residential master servicer rating of JP Morgan Chase Bank NA/Chase Home Finance LLC has been withdrawn at the request of the servicer.The rating was RMS1, Fitch's top rating for residential master servicers. The rating agency can be found on the Web at http://www.fitchratings.com.
Consumer advocacy group Better Markets filed a lawsuit in federal district court Thursday claiming the Federal Reserve's top regulator coached bankers on how to comment on proposed capital rules in "secret meetings."
From higher immediate pricing to long-term impacts on the housing market, originators are assessing what the rise in the 10-year Treasury yield means.
Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
