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Second quarter earnings at the nation's largest title underwriters, while mostly positive, were still affected by the rather weak purchase season this year.
August 11 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said she foresees three interest rate cuts for this year, a view bolstered by the latest employment data.
August 11 -
A regulator has circulated an ideal picture of a public GSE offering from President Trump's social media. Here's what analysts think the reality would be.
August 11 -
The longtime mortgage professional oversaw numerous modernization efforts at the Veterans Affairs mortgage department, and the creation of a post-pandemic foreclosure prevention program.
August 11 -
A government-sponsored enterprise and companies that sell them are making modern houses more affordable in line with larger public and private market trends.
August 11 -
Notes are expected to pay a coupon of 4.5% on the A1 through M2 tranches, compared with a 5.25% coupon on the previous deal.
August 8 -
The Consumer Financial Protection Bureau has proposed reducing supervision of all but the largest nonbanks in four key markets: auto financing, consumer credit reporting, debt collection and international money transfers.
August 8 -
The settlement resolves legacy allegations the state attorney general made about how the company handled mortgages before changing its role.
August 8 -
Throughout Kolyer's career he innovated securitization structures with commercial real estate and residential mortgages, commercial and consumer receivables.
August 8 -
The tax delinquency rate hit a seven-year high last year with residents of some states seeing amounts owed increasing by more than 50% since 2019.
August 8 -
The correspondent giant, whose earnings have trended positively in recent quarters despite market headwinds, has made several debt moves this year.
August 8 -
The ranking Democrat on the Senate Banking Committee said growing uncertainty and risks in the financial system mean the central bank should increase the countercyclical capital buffer for the nation's largest lenders.
August 8 -
Blend Labs had 23 new or expanded relationships in the fiscal period, double that of the first quarter, including 18 related to consumer banking or home equity.
August 8 -
The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock.
August 8 -
A decline in a branch manager's volume led to allegations he shared customer data with his wife, who joined rival American Pacific Mortgage.
August 8 -
The shake-up comes as the company posted its third straight quarter of losses and seeks to develop new technologies and partnerships while putting behind its tumultuous recent past.
August 8 -
Planet Home embarks on retail branch growth, Aces promotes compliance leaders, rising fintechs add sales executives plus more mortgage moves.
August 8 -
A credit analyst manually reviews the pool's underwriting decisions, instead of just leaving it all to automated underwriting methods.
August 7 -
The lender and servicer, which posted stronger originations, suggested more efficient production with improvements including renegotiated vendor contracts.
August 7 -
Both originations and servicing segments contributed to the second-quarter's positive numbers, with production up by over 14% year over year.
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