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The latest deal features slightly higher exposure to Florida, where Renew has not been operating as long as it has in California.
October 16 -
Fintech and marketplace lender LendingHome is getting more than $450 million in investment and funding from different channels to help support mortgage production growth and technology improvements.
October 16 -
Entrepreneurs like LendingHome's Matt Humphrey are upending mortgage finance with tactics borrowed from fintech, marketplace lending and the traditional mortgage playbook.
October 16 -
Ginnie Mae and the Department of Veterans Affairs have described in more detail the VA loan refinancing practices they will crack down on to eliminate a long-running churning concern.
October 16 -
Bank of America set aside $100 million in its reserves for representation and warranty claims ahead of a pending settlement to resolve legacy mortgage issues.
October 13 -
Ocwen Financial Corp. is settling allegations by Alabama and Minnesota that it engaged in improper mortgage activities, bringing the total of states it has settled with to 17.
October 13 -
Fee income also surged as the San Francisco bank reached the $100 billion mark in wealth management assets.
October 13 -
The Pittsburgh company benefited from loan growth and higher interest rates, though fee income fell and expense rose in the third quarter.
October 13 -
Wells Fargo took a surprise $1 billion charge in the third quarter for previously disclosed pre-crisis, mortgage-related regulatory investigations. It contributed to a 19% fall in profits.
October 13 -
JPMorgan Chase reported a rise in value of its mortgage servicing rights despite lower originations in this year's third quarter.
October 12













