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The Federal Housing Administration is giving servicers more leeway to automate borrower contact but it's also requiring them to reach further afield.
December 11 -
Mortgage lenders can now submit loan information through VA's new management system, replacing the need for email submissions.
December 11 -
Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.
December 11 -
Consumers are signing more multi-month viewing contracts with agents and requesting homeowners insurance incentives from sellers, a Homelight survey finds.
December 11 -
Scott Bessent, President-elect Donald Trump's pick to serve as Treasury secretary, is aiming to build support for his nomination
December 11 -
Annualized inflation increased to 2.7% in November from 2.6% the previous month, providing further evidence that the economy remains strong despite restrictive monetary policy.
December 11 -
President-elect Donald Trump may opt to bypass Democratic suggestions for minority party seats on the Federal Deposit Insurance Corp.'s board of directors, setting up potential conflicts with Senate leadership over regulatory appointments.
December 11 -
Mat Ishbia urged brokers to understand how the increases in credit score and report costs affect both them and the borrowers they serve.
December 10 -
A New York Times report suggests the majority of the NAR affiliate's grants to right-leaning organizations are out-of-line with its housing-related mission.
December 10 -
Fannie Mae's Consumer Housing Sentiment Index rose in November, continuing its steady climb and showing significant improvement compared to the same period last year.
December 9 -
The wholesale lender introduced two new products to brokers and a $800 million debt offering to drum up cash.
December 6 -
The share of underwater mortgages also grew for the first time in almost two years during the third quarter, Corelogic found.
December 6 -
The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.
December 6 -
Valverde, who has a wide range of experience in capital markets and housing finance, will join the government-sponsored enterprise's single-family unit.
December 6 -
Economic forecasts include the possibility of higher inflation and slower growth that could stall future cuts to the federal fund rates.
December 5 -
The Toronto-based bank suspended its medium-term growth targets and announced a full-scale review of its strategies following historic anti-money-laundering failures.
December 5 -
Rocket argues it was unfairly tied to discrimination accusations, arguing the government aimed for "headline-grabbing claims" to bolster its case.
December 5 -
Underwriting methods have been steadily shifting to traditional full documentation, which accounts for 13.3% in the VERUS 2024-9, KBRA said, its largest share since VERUS 2024-6.
December 5 -
President-elect Donald Trump is nominating Frank Bisignano, the chief executive officer of fintech and payments company Fiserv Inc., to be the commissioner of the Social Security Administration.
December 4 -
The development marks another step in eNote adoption at government housing agencies following an announcement allowing commingled Ginnie Mae securitized pools earlier this year.
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