Industry News
Industry News
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The homeowner who filed the suit claims he now owes over $160,000 in fees on a second mortgage, which was discharged in 2007.
March 27 -
Here's what mortgage professionals should know about Rocket's rebranding, its $1.75B play for Redfin, dropped CFPB lawsuit and more.
March 27 -
FHFA director Pulte called these programs inappropriate for regulated entities, which are in government conservatorship, but said others are still able to offer them.
March 26 -
The mortgage lender claims its Georgetown, Texas operations, where Thrive Mortgage was previously headquartered, have been "gutted."
March 26 -
The Mississippi lender said regulators have signed off sooner than expected on its $103.6 million acquisition of First Chatham Bank. The bank's CEO and deal advisers said the speedy approval bodes well for future M&A.
March 25 -
Effective March 18, the department is retracting eligibility for non-citizens, it announced.
March 21 -
The institution has been downsizing its portfolio to address deposit runoff as it has shed fintech exposures and worked to gain release from a consent order.
March 21 -
The top five banks had a combined unpaid principal balance of more than $26 billion at the end of Q4 2024.
March 20 -
The age of homes, moving preferences and weather risks are all playing a role in the direction of growth prospects for the remodel and renovation industry.
March 20 -
A former COO at Marlin Mortgage claims the servicer transferred an MSR portfolio to a new subservicer not to benefit the investor, but for the gain of the company's CEO.
March 19 -
Rising insurance costs are leading providers and condo associations to consider changes to policies that would make some loans ineligible for GSE sale.
March 19 -
Stakeholders predict the future of homebuying will offer two distinct paths: an all-in-one bundle from companies like Rocket Mortgage and the traditional, local homebuying experience.
March 19 -
Large mortgage companies are targeting mergers and acquisitions as well as home equity lending in their 2025 business plans, Boston Consulting Group said.
March 17 -
Rocket said the Redfin deal is part of a purchase mortgage strategy, but originating and retaining residential mortgages in portfolio is the real endgame writes the chairman of Whalen Global Advisors.
March 17 -
Issuances fell in January for residential and multifamily segments, as concerns over available workers and future tariffs came to the fore.
March 14 -
Thirty-eight TD Bank locations and 24 Flagstar branches are set to shut down. Both banks are coming out of tumultuous periods.
March 14 -
The top five banks had a combined wholesale volume of more than $20 billion at the end of 2024's fourth quarter.
March 13 -
With focus turning to increased domestic production, the Chicago Mercantile Exchange plans to launch a new lumber futures trading exchange in late March.
March 12 -
Loan officers have said the majority of outreach from recruiters looks like impersonal "telemarketing."
March 12 -
The builder's lending unit bought servicing and secondary market approvals that weren't part of Guild's previous acquisition of CCM's production and branding.
March 11


















