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PHH Mortgage announced it will be using the San Francisco-based technology company's Mortgage Suite, including Loan Officer Toolkit and Blend Close.
December 13 -
The Federal Housing Administration is giving mortgage companies it works with a break when it comes to certain early-payment defaults in official disaster areas.
December 13 -
From mail theft to video games, a variety of trends shaped scams and fraud in 2024 — and made the schemes more expensive for everyone.
December 13 -
The post-pandemic increase in consumers falling behind on their credit card bills seems to be tapering off. "For 2025, we're seeing a lot of stability in delinquencies," an industry researcher said.
December 13 -
Businesses across several industries have already started budgeting for expected price increases
December 13 -
The Arkansas Republican pledges to reduce excessive regulation and align financial policies with GOP goals.
December 12 -
Using homeowner data available on ICE's servicing platform, the integration can prompt users to use a self-guided appraisal valuation tool.
December 12 -
The distressed loan sales strategy has been in test mode since 2002. A rise in owner-occupant transactions may have made it more compelling.
December 12 -
The average surplus premium to protect property this year was roughly $46,000 in the wealthy enclave and the situation is only likely to worsen as climate change ups the odds of destructive wildfires.
December 12 -
For the fourth month in a row, overall mortgage delinquency rates have increased, with loans 30 days or more late up 0.2 percentage points in September.
December 12 -
Feds allegedly reneged on an agreement with the trade group at the onset of the Biden Administration.
December 12 -
Top banks are underwriting the deal, but most of the securitization's loans lack documentation.
December 12 -
The proposal is one of several that aims to address difficulties managing early buyouts from mortgage-backed securities pools.
December 12 -
President-elect Trump's victory will have a direct impact on how much the Federal Open Market Committee will cut short-term rates next year, Wolters Kluwer found.
December 12 -
Average rates for the 30-year fixed fell for the third consecutive week, Freddie Mac said, but the 10-year Treasury yield rose to the highest point in weeks.
December 12 -
The Federal Deposit Insurance Corp.'s Q3 Quarterly Banking Profile report highlighted net bank income falling 8.6%, but also showed slow delinquency growth in commercial real estate and core income metrics improving across the banking sector.
December 12 -
Investors have wildly different takes on whether the Fed's three-month-old easing cycle — designed to bring the benchmark rate back down to neutral as inflation cools — is just beginning or getting close to the end.
December 12 -
Eastern Union put the blame on the other company Fannie Mae suspended, Sevenstone Capital, which was by former employees who left over four years prior.
December 11 -
Now that the legislation has been taken out of a budget bill, the Community Home Lenders of America argues for a regulatory approach to rein in trigger leads.
December 11 -
After Nexpoint refused to vote via its proxies at the UDF IV annual meeting, the existing directors supporting the sale to Ready Capital were declared elected.
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