- Sep 9-10, 2024|San Diego, CA
UWM's leader Mat Ishbia saw his total compensation balloon to over $12 million compared to 2022, while Rocket's CEO received $3.4 million during the first four months of his tenure.
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The Federal Housing Finance Agency rule originally proposed last year aims to make it tougher to roll back measures designed to encourage more equitable lending.
April 29 -
The Federal Housing Administration removed housing finance firms from the list of permitted interested-party contributors in a new reverse-mortgage rule.
April 29 -
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The company's attorneys had previously managed to successfully decertify the class in the seven-year long case, but the decision was reversed last year.
April 29 -
The Biden Administration's title waiver pilot has started a broader discussion on whether the product is worth the money paid or even needed at all and can be replaced by an alternative.
April 29
Malicious actors could be utilizing the same software that cybersecurity experts use to test a company's systems for vulnerabilities.
Some vendors can act as backups when a cyberattack knocks the regular provider's system offline. Others offer vendor management expertise that may help.
The home lenders voted by their employees as the Best Mortgage Companies to Work For in 2024 discuss supporting and engaging teams during a trying time for the industry.
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The top five producers had an average dollar volume of more than $99 million in jumbo production.
April 29 -
Above and beyond the obvious damage, wildfires levied a hidden cost on the finance industry: Mortgage lenders and investors lost more than $30 billion between 2020 and 2022, due to both accelerated defaults and prepayments following disastrous blazes.
April 28 -
The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
April 26 -
Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
April 26 -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
April 26