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Two Harbors, which also reported a gain in comprehensive income, recently completed an acquisition that made it the eighth largest conventional servicer.
January 30 -
Over 70 loans were allegedly sent to competitors by the independent mortgage banker, a suit filed by UWM alleges.
January 30 -
The ransomware attack compromised the personally identifiable information of over 199,000 mortgage customers.
January 30 -
A potential buyer with a budget of $3,000 per month for their payments is now able to afford an approximately $453,000 home.
January 29 -
Senator Elizabeth Warren and three Democratic colleagues urged Federal Reserve Chair Jerome Powell to lower interest rates to help bring down housing costs ahead of the central bank's policy meeting this week.
January 29 -
In the wake of the Surfside condo collapse, Freddie Mac and Fannie Mae instituted stricter rules regarding the soundness of this crucial form of housing stock as it ages. In response to complaints about a lack of clarity on buildings deemed unfit for financing, the GSE unveiled plans to improve transparency for both homeowners associations and lenders.
January 29 -
A little over 280,000 customers had their birth dates and Social Security numbers compromised during the cyber attack.
January 28 -
Cullen/Frost in Texas, BankUnited in Florida and Bank OZK in Arkansas are among the banks that have, at least for now, allayed investors' fears about their exposure to the CRE sector.
January 26 -
At the same time, the Hilltop Holdings unit expects its gain-on-sale margins to remain pressured in the coming year.
January 26 -
The National Association of Realtors' index of contract signings increased 8.3% to 77.3 after holding at a record low a month earlier, according to data out Friday.
January 26