Industry News
Industry News
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Cara Petersen, the Consumer Financial Protection Bureau's top enforcement official, said the Trump administration has "no intention to enforce the law in any meaningful way."
June 10 -
A former senior accountant at CrossCountry Mortgage claims she was let go from her job three years prior because of her age.
June 10 -
The former fintech lead at the FHFA will work to "disrupt" current technology offerings for mortgage lenders.
June 10 -
Covius' title services had focused on the needs of firms involved with defaults, but this acquisition from Blend pushes the shift to originations forward.
June 9 -
A consent order issued by Washington against mortgage brokerage Xpert Home Lending accused the firm of violating the state's consumer protection law.
June 9 -
The Consumer Financial Protection Bureau pinpointed five rules that it wants the White House budget office to review. Details, however, are sparse.
June 6 -
The lender's former chief of staff alleged the non-QM lender misrepresented loan characteristics to investors and regulators, charges which were never proven.
June 6 -
A group of lawmakers questioned why the FTC and DOJ didn't step in to prevent Rocket Companies' acquisition of Redfin. They want answers by June 17.
June 6 -
A stockholder previously filed a lawsuit seeking to delay the Redfin shareholder vote scheduled for June 4.
June 4 -
The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells can hit the gas on business lines it had kept idle.
June 3 -
The Detroit company intends to pay at least $1.9 billion of the servicer's senior notes due through 2028, and could cover another $3 billion due through 2032.
June 3 -
The question of when the CEO would retire and who might succeed him has hung over JPMorganChase for years.
June 2 -
The top five banks had a combined wholesale volume of more than $18 billion at the end of the first quarter.
June 2 -
The tentative mergers, valued at a combined $11 billion, are the next big phase in Rocket's plan to become a "one-stop-shop" mortgage originator.
June 2 -
Rocket Companies and Mesa have both launched credit cards geared that offer homeowners perks and points for paying their mortgage and buying housing-related items.
May 30 -
The company, which already offers services in 41 states, through the Summit Mortgage Training buy gets a foothold in New Jersey and Pennsylvania.
May 27 -
This potential transaction would be part of a broader trend of mortgage lenders and servicing players converging, such as Rocket's recent acquisition of Mr. Cooper.
May 26 -
A recent deal involving a troubled Texas bank shows that even the most lopsided depository can find an exit.
May 26 -
Alanna McCargo said her return comes at a time when there are "significant policy challenges ahead for affordability, community investment and inclusive finance."
May 21 -
The federal official told a group of bank supervisors that the move, which Democrats oppose and the industry has mixed views on, will give them more autonomy.
May 21

















