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A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.
July 15 -
From changes in politics and policy to technology and industry trends, we share the biggest stories from the past few weeks.
July 15 -
Test your knowledge of the biggest mortgage headlines, from mortgage foreclosure timelines to CFPB proposals. No. 2 pencil not required!
July 15 -
Rising inflation has been an issue across the country, but these are the cities with the greatest challenges.
July 15 -
Property insurance and taxes account for over one-third of current loan performance risk, according to Auction.com's recent survey of default servicing leaders.
July 12 -
Second quarter margins at the three big banks were lower versus three months' prior, missing Keefe, Bruyette & Woods expectations of a flat comparison.
July 12 -
The new regulation goes into effect in early 2025 for properties financed by Fannie Mae or Freddie Mac.
July 12 -
Two days after the megabank was hit with $136 million of fines, Citi executives said they aren't changing the company's full-year expense guidance. Citi has 30 days to submit a plan to regulators showing that the bank has allocated enough resources to achieve compliance in a timely and sustainable manner.
July 12 -
Investment banking fees shot up at the nation's largest bank, thanks to rebounds in M&A and the equity capital markets segment. And despite higher credit costs in the company's card business, a top bank executive expressed confidence in the health of U.S. consumers.
July 12 -
The San Francisco bank's interest expenses continue to rise as depositors switch to higher-yielding options. At the same time, soft loan demand from business customers is putting a lid on how much interest Wells is collecting from borrowers.
July 12