-
President Donald Trump's recently filed lawsuit against megabank JPMorganChase and its CEO Jamie Dimon is not expected to succeed in court, legal experts say.
January 26 -
Trump, during his return from Davos, signaled reluctance to allow 401(k) withdrawals for home down payments, but other tax-advantaged options remain on table.
January 23 -
The moderate leverage reflects the quality of RMBS pools from recent issuance years. Borrowers have a non-zero WA annual income of $1 million, with liquid reserves of $594,348.
January 23 -
Many servicing metrics look weaker amid lower rates although valuations can vary depending on companies' models, operations and portfolio composition.
January 23 -
US consumer sentiment increased to a five-month high in January as Americans grew more optimistic about the economy and their finances.
January 23 -
Treasury moves look less about data or auctions and more about gaps and channels, with PMI next to decide direction, according to the CEO of IF Securities.
January 23
AD Mortgage and IF Securities -
The class action complaint describes, from a real estate agent's perspective, how the company allegedly pushes borrowers toward its in-house lending arm.
January 23 -
After the announcement last fall, Embrace added local staff and increased marketing nad outreach in New Jersey to assist potential Oceanfirst borrowers.
January 23 -
Pfotenhauer held many positions in the mortgage and title industries in his long career, including being the chair of Merscorp, MORPAC and MISMO.
January 22 -
Tri-merge mandates prop up a credit bureau/FICO oligopoly, raising mortgage costs with little benefit despite risk concerns, the chairman of Whalen Global Advisors argues.
January 22
Whalen Global Advisors LLC -
Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president's quest for a voting majority on the central bank board.
January 22 -
Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.
January 22 -
The 30-year fixed rate mortgage increased 3 basis points this past week, off of a three-year low point, but are nearly a percentage point lower than a year ago.
January 22 -
The Federal Deposit Insurance Corp. Thursday finalized a framework for banks to appeal supervisory determinations, replacing the agency's existing appeal committee with an independent three-member panel, one member of which must have industry experience.
January 22 -
Reducing agency loan pricing adjustments and credit reports may help, a trio of industry groups wrote in a letter to the National Economic Council's director.
January 22 -
Markets brushed off mixed, stale data as tariff news sparked a brief rally, but open Treasury gaps kept bond signals cautious, according to the CEO of IF Securities.
January 22
AD Mortgage and IF Securities -
The wholesale giant, fully entangled in the legal fight over a six-figure bonus, emphasized it's only the title sponsor of the broker trade group.
January 22 -
The $13 billion auction was awarded at 4.846%, about a basis point lower than its yield in trading just before 1 p.m.
January 21 -
A retail channel veteran, Promisco has spoken frequently about the potential of AI to bring efficiency and lower costs in the loan origination process.
January 21 -
Executives surveyed by American Banker said companies vying to wrestle market share from banks are a major threat to operations in the coming year.
January 21













