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RoundPoint Mortgage Servicing says in its motion to dismiss that the borrower was required to try to resolve the dispute prior to filing a legal complaint.
October 29 -
Nearing the first anniversary of its acquisition of Roundpoint, the company is focusing on MSRs and will now be known simply as Two.
October 29 -
Freddie Mac also indicated that it will be proceeding with its closely watched second-lien pilot, while Fannie reported gains in serving credit invisible borrowers.
October 29 -
Neil Bader once headed up a company that was one of, if not the, largest mortgage brokerage in the 1990s. His career has covered the various shifts in how the business is done.
October 29 -
Positive feedback from participants in existing programs led to the decision to expand them in order to assist more lenders.
October 28 -
Figure Technology Solutions introduced a "piggyback" home equity line of credit platform for its lending partners.
October 28 -
As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.
October 28 -
A California branch manager claims Movement Mortgage compensated her less than her male counterparts and mislabeled her employment status.
October 28 -
The longtime JPMorgan Chase CEO discussed the Basel III endgame capital rules, interchange fees and open banking during a fireside chat at the American Bankers Association's annual conference.
October 28 -
Mortgage bonds get hit hard when there's growing uncertainty about the direction of rates, due to the election, because their returns depend so much on it.
October 28 -
The capital markets platform will allow its investor clients to compare non-qualified mortgage rate sheets to their competitors for free.
October 28 -
A trade group's estimates point to another quarter of profitability in housing finance, but originations have limits and loan performance is under pressure.
October 28 -
The Consumer Financial Protection Bureau may face an existential threat if former President Trump is reelected, while the agency could be emboldened if Vice President Harris wins.
October 28 -
Over 100 originators have returned to Loandepot's retail channel. The mortgage shop is also planning to beef up its VA lending segment with a new hire.
October 28 -
Three-fourths of jumbo borrowers are hanging onto mortgage rates at or below 4%.
October 28 -
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About 48% of mortgaged residential properties fell into the equity-rich category, slightly down from a peak of 49.2% reported in the quarter prior, per Attom's report.
October 25 -
The lender and servicer will use proceeds to erase a series of notes due over the next three years.
October 25 -
The deal will repay investors on a hyrid pro rata, sequential basis. Credit enhancement ranges from 51.7% on the class A1A notes to the 2.25% on the class B2 notes.
October 25 -
The Florida-based brokerage The Okavage Group is challenging the dismissal of its antitrust suit against UWM, filing an appeal on Oct. 17 in the U.S. Court of Appeals for the Eleventh Circuit.
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