Industry News
Industry News
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Products belonging to Amynta Group's newly acquired Crum & Forster platform included coverage aimed at protecting mortgage loan portfolios from borrower default.
December 31 -
Central Mortgage Funding failed to adhere to an earlier consent order imposed for using unlicensed mortgage loan originators.
December 31 -
Plaintiffs argue that Mr. Cooper's hefty payment to Alphv hinged on the promise that the criminal organization would delete stolen customer PII.
December 30 -
In multiple 2024 suits filed against mortgage businesses, the plaintiff claims he was never a client, but received messages despite being on the do-not-call list.
December 30 -
Luminate Home Loans closed its Neo Home Loans division in October after it fired leaders allegedly funneling trade secrets to the rival.
December 30 -
Richard "Dick" Parsons, the former Citigroup chairman who died Thursday, is credited with helping the New York megabank survive the financial crisis. Earlier in his career, he led Dime Savings Bank out of the savings-and-loan crisis.
December 27 -
Loan officers say the main reasons real estate partnerships fall through are poor communication and mismatched expectations.
December 27 -
Proceeds from the sale will be used by HomeStreet to pay down Federal Home Loan Bank advances and brokered deposits.
December 27 -
The lender and servicer is spending $9.3 million on security upgrades in addition to its pending $25 million fund for consumers and their attorneys.
December 26 -
Jason Mitchell, the CEO of The Mitchell Group, called the CFPB's lawsuit against both his company and Rocket Homes "a witch hunt."
December 26 -
JPMorgan Chase, Wells Fargo, Bank of America, U.S. Bank and Citi had more than $1 billion in combined first-mortgage loans as of Sept. 30.
December 24 -
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for Rocket Mortgage.
December 23 -
Holiday decorations accounted for 43% of all festive display disputes with Homeowners' associations, a report by KeyLeads found.
December 23 -
Rival lenders lodged suits for poaching, Rocket sued HUD over appraisal bias and a top LO was accused of large-scale mortgage fraud.
December 23 -
Stakeholders in the financial services space, including the IRS and HUD, filed objections to Hometown's proposed liquidation plan.
December 23 -
United Wholesale Mortgage's legal battles and the passing of David Stevens top the list of important mortgage news in 2024.
December 23 -
Mortgage loan officers say more positive customer reviews help optimize SEO, thereby pulling in more future borrowers on the lookout for an originator.
December 23 -
Lawmakers asked the company's founder and CEO to provide details ranging from arrangements being made for former customers to his own executive compensation.
December 19 -
Borrowers with new foreclosure filings also grew, but the number of loan modifications decreased, according to the Office of the Comptroller of the Currency.
December 18 -
After a legislative initiative on trigger leads was cut from a defense bill, the bipartisan Homebuyers' Privacy Protection Act passed the Senate and is now heading to the House.
December 18


















