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A credit union service organization is buying the division, which includes mortgage services provider QRL, while the seller repositions its home loan business.
June 5
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More than half of consumers worry about money daily, despite improved budgeting habits and, according to a Ramsey Solutions survey, declining mortgage concerns.
June 4
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If pessimism about further rate declines pans out, it could add to tricky mortgage company involvement on home equity lending, panelists at an IMN meeting said.
June 4
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The 30-year fixed rate mortgage average not only remains where it was in September, it is still nearly a half-percentage point above February's trough.
June 4
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The areas cited by Attom Data Solutions all have similar characteristics, namely high unemployment rates and worse foreclosure activity than their peers.
June 4
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In addition expanding the types of loans eligible for the reverse product, the policy creates a flexible borrower counseling timeline to facilitate lending.
June 3
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Those who looked to sell their properties during May listed at a price 2.4% lower, as they take into account current conditions instead of being overoptimistic.
June 3
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The Federal Reserve's former top regulator said recent efforts to reform regulation and supervision have boosted executive compensation and share buybacks, not the broader economy.
June 3
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The company's plan to reduce the servicing rights sold helped it clear one key hurdle to its agreement with Finance of America.
June 2
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Cotality's fraud risk index hit its best mark since 2023, but investment and multifamily properties are driving elevated risk.
June 2
