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Litigation filed by the company points to a total of $30 million losses that have yet to be covered by its insurance partners, including Berkshire Hathaway.
November 19 -
Housing starts decreased 3.1% last month to a 1.31 million annualized rate, reflecting a steep decline in the South, according to government data released Tuesday.
November 19 -
Pennymac alums find new home, Dark Matter names CEO, Optimal Blue promotes from within, plus more mortgage industry moves.
November 19 -
The region of Manchester-Nashua, New Hampshire, has homes on the market for a median of 23 days and an average home price of $550,000.
November 19 -
The government-sponsored enterprises are increasing their apartment loan limits next year even though market volumes have been well below the current ones.
November 18 -
Homeowners in areas affected by Hurricane Sandy have already seen growth in their property values lag behind the national median.
November 18 -
The pro-business, deregulation-friendly administration is taking office at a time when economic conditions are improving for fintechs and their investors.
November 18 -
Those born between 1997 and 2012 will go from making up a scant 6% of today's market to a 25% share by 2028, and mortgage lenders need to be ready to serve them.
November 18 -
The notes benefit from credit enhancement levels of 30.45%, 24.3%, 13.8%, 8.65%, 5.00% and 2.05% on the A1, A2, A3, M1, B1, B2 and B3 tranches, respectively.
November 18 -
Some lenders are once again hiring mortgage lenders, but memories of the painful staffing cuts they were forced to make over the past two years remain top of mind.
November 18 -
Confidence among U.S. homebuilders advanced to a seven-month high in November on a jump in sales expectations and optimism a Trump administration will ease regulatory burdens.
November 18 -
As the majority of mortgage firms today report profits, warehouse lenders are likely encouraging the stragglers to make a move.
November 18 -
In October's mortgage roundup, learn more about Fairway's legal battles over redlining and overtime shortcomings, the Federal Housing Finance Agency's updates to rules on appraisals and waiver access and more.
November 18 -
The two-day intrusion into the lender and servicer's systems in August may have compromised customers' Social Security numbers.
November 18 -
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The bureau suggested this week that states should remove the exemptions banks enjoy from data privacy laws. California is a prime candidate to act.
November 15 -
The Federal Housing Administration reported a 96 basis point increase in its capital ratio for fiscal year 2023, and lenders want more changes to the program.
November 15 -
A handful of mortgage stakeholders have expressed skepticism that the trigger lead bill will be passed this year, but are hopeful for 2025.
November 15 -
Homeowners in recent years strayed from cash-out refinances and home equity loans despite their greater financing power.
November 15 -
Donald Trump discussed various items related to the Fed and its independence and stated he would not nominate Jerome Powell for another term as chair. Gennadiy Goldberg, head of U.S. rates strategy at TD Securities, discusses what a Trump presidency may mean for the Fed.


















