Industry News
Industry News
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America's Moneyline, which is accused of flouting UWM's ultimatum, argues Fairway's exit from wholesale and recent media coverage warrant a reconsideration of a previous decision to dismiss its countersuit.
May 17 -
The assistance is available for borrowers with sub-620 FICO scores with earnings less than 80% of the Area Median Income, or first-time home buyers with no restrictions.
May 16 -
The lender will advertise Mortgage Matchup, which features brokers, with prominent television and on-court advertisements during games.
May 16 -
This is the fourth transaction EasyKnock has made of home equity alternative providers since the start of 2023.
May 15 -
A presidential advisor for housing could be the solution for the "alphabet soup" of federal agencies that don't understand the industry, Mortgage Bankers Association CEO Bob Broeksmit said.
May 15 -
Mother Lode Holdings' purchase of Wisconsin Title Service adds to its network, which is concentrated in the Western U.S.
May 13 -
Also, Hometap boosts capital markets unit with Wells Fargo alum, while Planet Home, A&D Mortgage, National MI and Mobility Market Intelligence all find new chief financial officers.
May 13 -
Test your knowledge of the biggest mortgage headlines of the week. No. 2 pencil not required!
May 10 -
The San Diego company was back in the black with a net income of $28.5 million in the first quarter of 2024, up from a net loss of $93 million the previous quarter.
May 9 -
A plaintiff alleges that from March to April he received at least 48 calls from the mortgage lender soliciting him to use Loandepot's services.
May 9 -
While the company made headway in reducing operational costs, it incurred several million dollars worth of expenses as it dealt with the January incident.
May 7 -
The rightsizing measures impacted workers in Colorado and Florida who worked at acquired Computershare Mortgage Services and its affiliate Specialized Loan Servicing.
May 7 -
The reverse-mortgage lender saw a quarterly loss but expects originations to increase 10% in the second quarter, as it attempts to address high-yield debt concerns.
May 6 -
Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
May 6 -
Mike Kortas, CEO of NEXA, alleges he fired his former co-owner, Mat Grella, because he added himself as a "new manager" of the company in a filed amendment to the company's articles of organization.
May 6 -
Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
May 6 -
In talks with OCC officials, "it became obvious that we would not gain near-term approval given their recent experience with multifamily and CRE positions," FirstSun CEO Neal Arnold says. The companies announced other revisions to their deal, too.
May 3 -
Test your knowledge of the biggest mortgage headlines of the week. No. 2 pencil not required!
May 3 -
In total, 84 producers from mortgage lenders including Summit Funding and Movement Mortgage have transitioned to Fairway Independent Mortgage.
May 2 -
But the mortgage unit of Intercontinental Exchange narrowed its quarterly losses and touted the addition of several new customers this year in its earnings call.
May 2


















