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Quicken Loans claimed victory in its dispute with the Department of Housing and Urban Development over the False Claims Act, only paying the agency for losses incurred and interest.
June 14 -
Guild Mortgage is targeting Airbnb hosts with its new refinance program, allowing them to use short-term rental income to qualify for a new loan on their owner-occupied primary residence.
June 14 -
Ally wants to increase productivity and improve the use of analytics to build on customer relationships.
June 13 -
As purchase applications stall in the heart of home buying season despite mortgage rates nearing two-year lows, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association.
June 11 -
Cutting the title insurance decision to nearly instantaneous will be the norm in the next 12 to 24 months, according to WFG Lender Services.
June 6 -
Consumers' knowledge of the mortgage process and what it takes to purchase a home has not improved from four years ago and lenders have an opportunity to fill that need, Fannie Mae said.
June 5 -
The nonconforming market is ready to absorb most of the government-sponsored enterprise loans covered by the QM patch, but not all of them, according Redwood Trust.
May 31 -
Mortgage application fraud risk declined for the first time since last summer because the home sales market became less competitive with an easing of the inventory shortage, First American said.
May 31 -
Investors shouldn't overreact to the first-quarter shift in private mortgage insurer market share, said the CEO of the company that benefited most from the change.
May 31 -
Freddie Mac uncovered a growing number of fraudulent school records and work histories in California, where Fannie Mae also has noted increasing instances of falsified employment information.
May 29