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The mortgage company, even though it is owned by a bank, has been profitable for the last two years, when considering its originations operations, as it does.
November 13 -
These attempts to remove legit items from credit files are made with the aim of at least temporarily boosting the credit score in order to get a loan.
November 13 -
Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.
November 13 -
A Georgia resident filed the suit after receiving two unsolicited calls from the lender in October even though her number appeared on the Do Not Call registry.
November 12 -
While Rocket increased 15 points, it slipped to 11th overall as other mortgage lenders had higher customer service score growth, J.D, Power said.
November 12 -
While all six companies were profitable in the third quarter, most had earnings which were down from the prior periods, with MGIC setting a milestone.
November 11 -
Two government-sponsored enterprises are looking into expanding mortgage transfers between borrowers, according to the head of their oversight agency.
November 11 -
While the program is still going strong in spite of the shutdown, many misconceptions about its rules, even in normal times, are holding back use.
November 11 -
All five publicly traded title insurance companies reported a year-over-year increase in earnings during the third quarter, but only two had higher orders.
November 10 -
The impacts of the federal government shutdown are hitting both originators and servicers, and as things drag out, the disruptions will increase.
November 9 -
The volume of home equity lines of credit expanded for the 14th consecutive quarter, driven largely by fintechs and other nonbanks that are accounting for more and more of the business.
November 7 -
UWM Holdings set a single-day record for rate locks in September at $4.8 billion, taking advantage of the window of opportunity leading up to the FOMC meeting.
November 6 -
In markets across the US, homebuilders sitting on unsold inventory are subsidizing mortgage rates so heavily they sometimes match the record lows last seen during the Covid-19 pandemic.
November 6 -
The Consumer Financial Protection Bureau is considering a proposal to reduce its oversight of auto finance lenders, saying the benefits of supervision may not justify the "increased compliance burdens."
November 6 -
A successful summer pilot led to wider rollout of a program, whereby Robinhood Gold subscribers will be able to find discounted rates and closing costs.
November 3 -
Vic Lombardo, new head of mortgage services, has identified growth ideas and new revenue streams for Motto Mortgage and Wemlo, Remax CEO Erik Carlson said.
October 31 -
Zillow Home Loans originated 57% more purchase mortgages versus the third quarter of 2024, with production and segment revenue growth beating estimates.
October 31 -
The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
October 29 -
While Rocket Mortgage's satisfaction score improved by 4% versus 2024, the industry as a whole dropped 1%, with credit unions outpacing banks and IMBs.
October 28 -
The GSE accused four companies of trademark infringement, alleging they misrepresented to consumers that their products received its endorsement.
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