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Nonbank mortgage company Cornerstone Home Lending has launched a new mortgage company as a joint venture with homebuilder Oakwood Homes.
February 10 -
Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.
February 10 -
Mortgage industry hiring and new job appointments for the week ending Feb. 10.
February 10 -
Quicken Loans has named a new CEO to replace Bill Emerson, who is transitioning to a role with the Detroit lender's parent company, Rock Holdings.
February 10 -
Mortgage insurer Essent Group reported higher net income for the fourth quarter, as premium growth offset a modest uptick in expenses.
February 10 -
Mortgage software provider Ellie Mae reported a 126% increase in net income during the fourth quarter, driven by an increase in users and loan volume.
February 9 -
The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.
February 9 -
Stringent regulations put in place after the recession have been unevenly enforced across the industry, to the detriment of small financial institutions. Here's hoping that changes with the new administration.
February 9
Members Mortgage Co. -
Net income rose sharply from a year earlier during the fourth quarter at Stewart Information Services Corp., while it held steady at First American Financial Corp.
February 9 -
Federal Reserve Bank of St. Louis President James Bullard said the central bank ought not rush to raising interest rates next month because uncertainty over the fiscal policies of the Trump administration clouds the U.S. economic outlook.
February 9 -
There were 89 markets that had the all-time high in median sales price last year with these 10 posting the biggest percentage gain over 2015.
February 9 -
Radian Group appointed former CitiMortgage president Richard Thornberry as its new chief executive officer to succeed the retiring S.A. Ibrahim.
February 9 -
Home price gains accelerated in the fourth quarter, with increases reported in 89% of metropolitan areas, as competition heated up for a record-low supply of listings, the National Association of Realtors said.
February 9 -
Uncertainty about the economy caused mortgage interest rates to stay within a 2-basis-point range for the third straight week, according to Freddie Mac.
February 9 -
Thomas Pahl has been appointed acting director of the Federal Trade Commission's consumer protection bureau, the agency said Wednesday.
February 8 -
Some experts say President Trump is being advised to hold off on firing CFPB's Richard Cordray to get the Supreme Court to rule on the extent of the president's executive powers.
February 8 -
Genworth Financial's U.S. mortgage insurance business had adjusted operating income of $61 million in the fourth quarter, up over 50% from the same period in 2015, as its new insurance written grew by 42% year over year.
February 8 -
A greater share of millennial women leveraged Federal Housing Administration loans than millennial men, Ellie Mae found in its latest Millennial Tracker report.
February 8 -
The share of refinance applications is at its lowest level in over seven and a half years, according to the Mortgage Bankers Association.
February 8 -
Corporate borrowers aren't ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.
February 7







