Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc. has appointed Brian Frame to the be director, strategic segment manager. In his new role, Frame will be responsible for expanding Radian's relationships with credit unions across the United States by working with the company's national field sales team to promote Radian products and programs. He will also represent Radian at state credit union league meetings and other credit union conferences. In addition, Frame will participate on the ACUMA Membership Committee and interface with a variety of loan origination system providers to expand Radian's connectivity within the electronic mediums that credit unions work with each day. Prior to his new appointment, Frame served as a senior account manager with Radian, responsible for client accounts throughout the state of Wisconsin. He has been actively involved with the mortgage banking and insurance industries for the past 25 years.
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SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
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The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said.
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While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level.
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Three-quarters of buyers assume AI has already been embedded in the housing ecosystem, but 55% would prefer to work with a human to secure a mortgage.
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Federal Reserve Gov. Stephen Miran Thursday said that the Iran war and tariffs will not have long-term impacts on inflation, but did say he is reconsidering his rate cut outlook for the year.
April 16 -
This week's Freddie Mac mortgage rate survey shows rates at the lowest in four weeks, but homebuyers are giving mixed signals even with improved purchase power.
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