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Defendants argued the vendor doesn't operate a pricing algorithm, and said some of the implicated home loan players never used the software.
January 8 -
Loanlogics rolled out the LoanBeam NQM income analyzer in October and has four users for the non-qualified mortgage underwriting technology, including Pennymac.
January 7 -
The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022.
January 7 -
Walker & Dunlop Affordable Bridge Capital will originate flexible, short-term first-mortgage bridge loans for properties designated for government programs.
January 7 -
The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while reviewing the loan program.
January 7 -
President Trump said he would prohibit large institutional investors from buying single-family homes. While the executive couldn't bar such investments on its own, a legislative ban could gain bipartisan support.
January 7 -
Blackstone stock fell by as much as 9.3% after Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes."
January 7 -
A shared client base helped lead to introduction of the new integration, with implementation scheduled to come later this year, the companies said.
January 7 -
Largely strong credit qualities were offset because by loans on single-family homes in the pool dropping by 0.5%, and that the percentage of loans that received due diligence decreased by 0.4%.
January 7 -
The deal comes as technology experts see likely 2026 artificial intelligence breakthroughs in mortgage to come through improved underwriting.
January 7 -
US mortgage rates fell last week to the lowest level since September 2024, a hopeful sign for the sluggish housing market to start the new year.
January 7 -
Wells Fargo, JPMorgan Chase, U.S. Bancorp and Citigroup will streamline borrower requests for an additional 90-day forbearance, allowing verbal applications.
January 6 -
Although some of the cohort surveyed were flush with savings, others admitted having precarious debt situations and steadfast attitudes toward luxury purchases.
January 6 -
Annual home-price appreciation ended last year at 0.7%, the smallest calendar-year increase since 2011, when prices dropped 2.9%, according to ICE.
January 6 -
A housing official renewed his call for credit bureaus to address lenders' concerns. Low pull-through magnifies a cost that's small relative to others.
January 6 -
The deal still faces a lawsuit from activist investor HoldCo Asset Management, which contends that Comerica didn't properly shop itself before agreeing to sell to Fifth Third.
January 6 -
Marshall is tasked with bringing Sagent's Dara servicing platform implementation up to scale, replacing Geno Paluso, who is vice chairman during the transition.
January 6 -
While the US military operation in Venezuela didn't hit sentiment on American financial markets, the action reminded investors how tenuous any trading thesis can be in a world undergoing geopolitical changes.
January 6 -
With limited seasoning and primarily a clean payment history, OBX 2026-NQM1 had a seasoned probability of default of 33.3% among the AAA stresses and 11.4% among the B.
January 6 -
Federal Reserve Bank of Richmond President Tom Barkin said economic uncertainty should ease in the coming year as businesses gain confidence in sustained demand and adapt to the new policy environment.
January 6
















