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The lender is seeking to dismiss the lawsuit, calling the purported scheme to also deprive its loan officers of full compensation implausible.
September 24 -
The data suggest U.S. homebuilders are successfully luring buyers off the sidelines with aggressive sales incentives.
September 24 -
The St. Petersburg, Florida-based company plans to market 18.4 million shares for $18 to $20 each, according to its Securities and Exchange Commission filing.
September 24 -
Financial markets tend to shrug off threats of a shutdown given the history of standoffs being resolved. Both sides are more dug in this time.
September 23 -
With comments on the proposed repeal due Sept. 26, stakeholders must demand decisions based on data — not politics, according to the founder of 480 Advisors.
September 23
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Refinancing indicators recorded muted gains as home sales challenges persisted ahead of a period when politics may change the market outlook.
September 23 -
Federal Reserve Chair Jerome Powell said in a speech Tuesday that the central bank's policy stance is "modestly restrictive," a stance that will give the central bank flexibility to react to an uncertain economic future.
September 23 -
The credit score provider has developed "focused" language artificial intelligence models purpose-built for tasks like detecting payment fraud, assessing risk and recommending next best actions.
September 23 -
In a separate announcement, the government-sponsored enterprise also announced the extension of Michael Hutchins' leadership term as interim CEO.
September 23 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday that steeper interest rate cuts should be on the table if the labor market continues to show signs of decline.
September 23 -
The next Fed chair could do QE with a twist and there may be a long easing cycle that would help revive mid-sized companies, housing and commercial real estate.
September 23 -
The sudden drop in long-end rates volatility was attributed to investors unwinding positions they used to hedge trades in mortgage-backed securities.
September 23 -
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
September 23 -
The move will lead the New Jersey-based bank to eliminate over 100 employees, primarily within its mortgage lending operations, according to a state filing.
September 22 -
The Supreme Court will hear a case in December that could overturn a longstanding precedent bolstering regulatory independence. Should the court strike down that precedent, it could have major implications for the independence of the Federal Reserve.
September 22 -
The bipartisan bill, previously brought up in Congress' lame duck session, got the Mortgage Bankers Association and Broker Action Coalition's support.
September 22 -
Shares of the online mortgage company known as Better rose, triggering multiple halts for volatility. They've gained more than 450% so far this year.
September 22 -
In the mortgage business, Rate has the biggest upside in the Compass-Anywhere M&A as it has joint ventures with both Guaranteed Rate Affinity and Originpoint.
September 22 -
There were 35.2% more sellers than buyers in the market last month. June and July were the only routine months since at least 2013 with a greater percentage.
September 22


















