-
The government-backed acquisition heads off regulatory and financial concerns at a Swiss bank that could have affected overseas financial institutions that U.S. lenders count on.
March 20 -
Imbalances linked to affordability and interest rate volatility are challenging the mortgage market. Here's how they may be resolved.
March 20 -
Institutions can borrow against par-valued securities that they would otherwise have to sell at a loss when there's a run on deposits, and it could have effectiveness beyond its actual usage.
March 19 -
The technology provider is in the midst of a large reduction in spending including the dismissal of approximately 340 employees.
March 17 -
In its last full quarter using a mortgage banker business model, the company originated just $21.5 million, well down from $759.4 million one year prior.
March 17 -
The new fees based on the DTI, which lenders have said is too likely to vary throughout the origination process for a single loan, will now go into effect in August.
March 15 -
The company sold off several segments of its business last year and also completed four securitizations of reverse mortgage loans as it fully commits to the 'retirement home-equity market.'
March 14 -
Mortgage-backed securities aren't generally considered risky assets, but how SVB managed them contributed to its woes.
March 13 -
Despite ending 2022 in the red, the lender and servicer saw full-year profits exceed 2021's total.
March 10 -
The REIT failed to post profits in any quarter last year, as the mortgage industry encountered a steep originations slowdown.
March 9









