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Gene Thompson goes to deciding what the company's next steps are, rather than implementing them.

While home sales have softened since October, they are still above pre-pandemic levels, indicating that construction activity will remain strong for some time.

An interactive dialogue with Founder and CEO of NorthOne on the fintech industry, the growing needs of challenger banks, and the future of SMB banking.

And with demand far outweighing supply, the average new-home purchase loan ascended to another record high.

Also, even with bans in place, the total number of filings keeps inching up due to actions taken on vacant properties.

The Michigan lender agreed in 2012 to pay $133 million to resolve civil fraud charges tied to government-backed mortgages. But the deal with the Justice Department came with a catch that eventually allowed Flagstar to pay far less.

Artificial intelligence (AI) is increasingly gaining ground in a number of areas of banking and financial services. However, there is growing evidence that AI systems are biased.

Rising cases and vaccine issues caused bond yields to fall, but inflationary pressures will likely reverse that course.

The loan officers who brought in the highest volumes last year offer their perspectives on social media, the GSEs, loan channels and more.

The company expects loan growth in the “mid-teens” this year, despite concerns that a housing supply crunch could stymie new mortgage originations. “As soon as COVID fades into the background we'll pick up volume,” CEO and Chairman Jim Herbert said.

COVID-19 quickly altered the hierarchy of borrower debt, with home financing payments taking precedence over credit cards and auto loans, according to TransUnion.

Oaktree Re VI 2021-1 will market $531 million in CRT notes that will provide NMI with partial reinsurance on a $45B pool of GSE-eligible loans.

Their numbers suggest that the quarter’s home lending may be stronger than industry forecasts for a 6 to 13% decline.

Hild, 46, schemed with other Live Well executives to increase the reported value of a pool of bonds used as collateral for loans, Assistant U.S. Attorney Jordan Estes told jurors in opening statements on Wednesday.

The REIT is planning its own stock sale to pay for the all-cash purchase from Lone Star Funds.

The Department of Housing and Urban Development will revive a 2013 rule that makes lenders liable for practices that were unintentionally discriminatory as well as 2015 guidelines for how local jurisdictions comply with the Fair Housing Act.

In the nonstop deluge of loan volume, last year’ highest producing loan officers leaned on tech — though sometimes reluctantly — to adapt in the digital marketplace.

But the percentage of weekly applications in that category was closer to 60%, the Mortgage Bankers Association found.

There’s a 20 percentage-point gap between Black and white consumers who have the income necessary to qualify for a mortgage on a new median-priced home.

The conduit transaction will carry a $120 million portion of a $750 million debt financing package for Facebook's newly built Oculus R&D center near San Francisco.