While plaintiffs allege there were misleading executive statements, the megalender pins early 2021 trading volatility on social media users briefly encouraged by the rocket emoji.

The top five banks have a combined mortgage servicing volume of more than $28 billion at the end of Q3 2023.

The magistrate ordered a fine and possible detainment for a former company president now working for another lender.

The lender has sued 59 former employees in state court to recoup over $4.3 million in combined sign-on bonuses.

Mortgage shop Newrez has entered into at least 22 partnerships with real estate brokerages.

The financial services firm boosted a private placement by $100 million on Wednesday and introduced a new product for third-party originators earlier this week.

The former mortgage professionals say they routinely worked nights and weekends in excess of 60 hours a week.

Brokerage giants, reeling from a billion-dollar judgment against them a month ago, face another major trial next year.

The top five lenders have an average mortgage origination volume of more than $8.8 billion.

In 2019, the vendor accused the California-based originations and servicing shop of copying its mortgage processing system.

Analysts predict more modest job cuts over the winter after expenses rose 1% between the second and third quarters this year.

More than 300 FHA loans originated by Hometown had unpaid MIP's, according to a number of filings by state housing regulators.

The top five lenders have a combined retail home loan volume of more than $26 billion at the end of Q3 2023.

To date, all of the lawsuits accuse the servicer of failing to secure and safeguard customers personal identifiable information.

The BSBY interest rate benchmark was originally envisioned as a successor to the once-ubiquitous Libor rate. But it failed to gain much traction, and Bloomberg now plans to shut it down next year.

The case is the second filing in West Virginia this year involving similar fees, as courts and regulators nationwide look to crack down on the servicing practice.

Financing costs have risen and consolidation has reduced the number of active players. Will policy changes shift the market's course?

The blockchain fintech has purportedly tapped Goldman Sachs Group Inc., JPMorgan Chase & Co. and Jefferies Financial Group Inc. to help with the initiative, per Bloomberg's reporting.

The company started announcing the cuts — which affect those staffers two levels below CEO Jane Fraser's executive management team — on Monday, according to a person familiar with the matter.

Also, Wells Fargo, Finance of America entered into partnerships affecting real estate tax and cybersecurity solutions.