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This deal comes a little more than two months after CIS combined with Avantus.October 28
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The company said it is "engaging with third parties" that are reportedly willing to pay at least $14 per share more than Senator Investment and Cannae Holdings.October 28
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The war of words between Senator Investments, Cannae Holdings and CoreLogic continues in the run-up to the Nov. 17 special shareholders meeting.October 23
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The agency confirmed that loans backed by Fannie Mae and Freddie Mac can continue avoiding debt-to-income limits as the bureau completes a revamp of the Qualified Mortgage standard.October 20
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While using the 30-day SOFR as its index, Freddie Mac structured the deal so it could shift to a one-month term if and when that rate is approved.October 19
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For many borrowers who might have qualified for conventional financing before the pandemic, non-QM loans are the only path forward toward homeownership.October 16
President and CEOLuxury Mortgage
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The pandemic has exacerbated delays and inefficiencies in loan manufacturing, while adding to security risks.October 14
Global Product Marketing DirectorKofax
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Record-low interest rates, high origination volumes and social distancing created a perfect storm for mortgage fintechs like SnapDocs and LoanSnap to score a cash infusion.October 13
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The agency had raised concerns in the Obama administration about kickbacks in the marketing pacts between mortgage lenders and other providers, but the agency's recent guidance says the deals are legally viable.October 9
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The Consumer Financial Protection Bureau's overhaul of its Qualified Mortgage standard is alarming free-market advocates who say it will precipitate a return to easy credit and higher defaults and could disproportionately harm minorities.October 8
