Industry News
Industry News
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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