Industry News
Industry News
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These are just a few of the legal actions that will have implications for mortgage firms going forward.
December 18 -
Independent mortgage banks see value in utilizing AI to solve mundane tasks, but some are reluctant to go all in because of the tough market for originations.
December 17 -
The Texas Department of Savings and Mortgage Lending is requiring loan officers to notify borrowers if their contact information was obtained through trigger leads.
December 16 -
The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.
December 16 -
Businesses across several industries have already started budgeting for expected price increases
December 13 -
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.
December 11 -
Mortgage lenders can now submit loan information through VA's new management system, replacing the need for email submissions.
December 11 -
Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.
December 11 -
Mat Ishbia urged brokers to understand how the increases in credit score and report costs affect both them and the borrowers they serve.
December 10 -
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower banks' deposit costs. A higher pace of inflation, however, could derail those catalysts.
December 10