Triad Guaranty Inc., a mortgage insurer based in Winston-Salem, N.C., has announced its inclusion in the new NASDAQ Global Select Market.Triad said the market has the highest initial listing standards of any exchange in the world, based on financial and liquidity requirements. Before the relisting, Triad had been listed on the NASDAQ National Market. Beginning July 3, companies listed on NASDAQ markets were reclassified into three tiers: the NASDAQ Global Select Market, the NASDAQ Global Market, and the NASDAQ Capital Market. The companies can be found online at http://www.triadguaranty.com and http://www.nasdaq.com.
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While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
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The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24 -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
April 24 -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
April 24