The Homeownership Preservation Foundation, Minneapolis, has reported a doubling in the number of homeowners calling its 888-995-HOPE hotline in the fourth quarter. The national hotline, which helps borrowers who are behind on their mortgage payments, received more than 143,000 calls in the fourth quarter, twice the total received in the third quarter and nearly 10 times that of the first quarter, the foundation said. More information on the hotline can be found on the Web at http://www.995hope.org.
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A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.
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The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
July 8 -
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
July 8 -
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
July 8 -
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
July 8 -
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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