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Dennis Hermonstyne, a legal and regulatory expert, previously held roles with E-Trade and the Federal Reserve System.
July 25 -
Emerging mortgage bankers can achieve a competitive advantage against big-box lenders by prioritizing a digital-forward mortgage business, writes the CEO of Click N' Close.
July 25
Click N' Close -
The path to artificial intelligence implementation can be costly and arduous. Are financial leaders reaping the benefits?
July 25 -
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Historical statistics examined by Standard & Poor’s suggest the two servicing trends, which widespread use of forbearance intensified and highlighted in the past two years, may have some staying power.
July 22 -
Increased purchases among property investors and build-to-rent buyers is just part of what's driving competition these days.
July 21 -
The current 30-year rate is now nearly double its average from a year ago.
July 21 -
In a market dominated by sky-high home prices, sellers looking to take the path of least resistance may be overlooking DPA borrowers.
July 20 -
Relatively cheap housing in smaller cities and towns is rising as remote work allows flexibility for where Americans can live.
July 20 -
The slowdown in new single-family construction is one of several headwinds homebuilders find themselves facing this summer.
July 15 -
Like other mortgage lenders, the San Francisco megabank has been cutting staff since refinancing volumes started to fall. Additional layoffs are expected over the next couple of quarters, according to the bank’s chief financial officer.
July 15 -
With rising interest rates and lower affordability, the velocity of value increases is likely to decelerate further in coming months, Fannie Mae said.
July 14 -
Although refinances picked up after the July 4th holiday, they failed to offset a larger decline in purchases.
July 13 -
The fifth annual survey seeks to identify and celebrate the best employers in the industry.
July 11 -
Intercontinental Exchange's move to acquire Black Knight and Lower's purchase of Hamilton Home Loans are just some of the latest developments to monitor in the space.
July 11 -
Wells Fargo CEO Charlie Scharf hired Mike Weinbach in 2020 as part of a broader organizational shake-up. The former JPMorgan Chase executive is leaving in mid-September as the consumer lending group transitions to a new leader.
July 11 -
By leveraging establishing relationships and engaging stakeholders, mortgage companies can play a part in alleviating the home availability and affordability strain, writes the president and CEO of the Federal Home Loan Bank of San Francisco.
July 8
Federal Home Loan Bank of San Francisco -
The bank began trimming its payroll after a dismal first-quarter origination performance. It will announce second-quarter results next week.
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