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The mortgage unit of Hilltop Holdings lost $7.2 million pretax in the third quarter with lower volume, following making a small profit three months prior.
October 24
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FHA loans accounted for about half of the annual rise in foreclosure starts and 80% of the rise in active foreclosures in September, according to ICE.
October 24
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On a year-over-year basis, Waterstone's mortgage business was able to grow pretax profits to $1.3 million in the third quarter, compared with $144,000 in 2024.
October 24
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Several claims in a recent Loan Think column misrepresented how credit scores and resellers work in mortgage lending, according to the president of the National Consumer Reporting Association.
October 24
National Consumer Reporting Association -
In addition, John Roscoe and Brandon Hamara have been appointed co-presidents at the government-sponsored enterprise, effective immediately.
October 22
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The company's servicing valuations fell but by less than in previous quarters. Lower rates both aided production and created recapture opportunities.
October 21
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The housing agency director also announced plans to donate his salary to help wounded veterans as CHLA and ICBA push for the enterprises to resume MBS buying.
October 21
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Other studies have found fewer credit pulls could be viable, but this shows millions more would be adversely impacted than in a bi-merge.
October 20
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Solve stages an acquisition, Intercontinental Exchange partners on new indices, Optimal Blue adds updates and Incenter offers a CRA loan trading platform.
October 17
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The Detroit-based mortgage bank's announcement trailed competitors' by over two weeks, but is taking a more aggressive risk-reward stance on the limit.
October 16
