Northern Trust, Chicago, has announced its appointment by Mortgage Guaranty Insurance Co., Milwaukee, to provide domestic custody services for $5.5 billion in general insurance assets.Northern Trust is a provider of custody, asset administration, and investment management services. The companies can be found on the Web at http://www.northerntrust.com and http://www.mgic.com.
While buyers' leverage now spans 41 of the 50 largest metros, starter-home sales fell 5.4% amid affordability concerns.
Economic uncertainty is turning into 2026's defining theme that dictates housing market trends, according to over one-third of lenders surveyed by HomeLight.
The approvals expand BSI's ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, the company said.
For the second consecutive quarter, the real estate investment trust recorded GAAP net income as it prepares to be acquired by CrossCountry Mortgage.
Seasonal gains fueled the highest dollar volume of loans acquired since the third quarter of 2022, suggesting lenders are getting business from homebuyers.
Loandepot is arguing that its local rival, West Capital Lending, has no standing to sue it over the statute meant to protect consumers from predatory lending.
