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Cook denies 'intentional wrongdoing' as Trump seeks ouster

National Mortgage
Mortgage Finance
13 hrs ago

Key takeaway: Federal Reserve Gov. Lisa Cook pushed back against the Trump administration's second attempt to oust her. In a,.. Read More;

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Rising foreclosures signal growth in Texas, Florida loss mitigation

National Mortgage
Mortgage Finance
15 hrs ago

Residential loan servicers and asset managers are facing a sharp rise in defaulted properties across the Sun Belt, as new,.. Read More;

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Berkshire in-house servicing pivot escalates retention threat

National Mortgage
Mortgage Finance
21 hrs ago

HomeServices of America's mortgage unit, Prosperity Home Mortgage, is expanding into loan servicing, a strategic move by the Berkshire Hathaway,.. Read More;

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Non-QM RMBS reaches $78B despite rising impairments

National Mortgage
Mortgage Finance
21 hrs ago

Non-QM securitizations hit $78B as lenders ease guidelines to capture unserved borrower demand, even as total impairments rise for the,.. Read More;

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PCE inflation remains sticky as Fed weighs next move

National Mortgage
Mortgage Finance
24 hrs ago

Key takeaway: The personal consumption expenditure index, the Federal Reserve's preferred measure of inflation, increased to 3.7% in July.Supporting data:,.. Read More;

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ICE Mortgage will not charge for transitional SDK access

National Mortgage
Mortgage Finance
24 hrs ago

ICE Mortgage Technology will not be charging for access for software developer kit to Encompass after the Dec. 31 sunset,.. Read More;

post

Standardized tech could cut $200M in mortgage trade costs

National Mortgage
Mortgage Finance
1 day ago

Now that use of artificial intelligence is closer to critical mass, industry collaboration could help remove considerable costs related to,.. Read More;

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Better board battles Garg in court over governance shift

National Mortgage
Mortgage Finance
1 day ago

Vishal Garg and Better Home & Finance will square off before a federal judge as the sides' boardroom battle reaches,.. Read More;

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Regional bank weighed down by CRE loans goes back on offense

National Mortgage
Mortgage Finance
2 days ago

Key insight: By announcing plans to acquire Providence Financial, Valley National Bancorp is pivoting toward growth. Earlier it was focused,.. Read More;

post

Small builders' rising costs pressure future home prices

National Mortgage
Mortgage Finance
2 days ago

A majority of homebuilders are reporting a rise in material costs this summer, with smaller businesses likely to feel the,.. Read More;

post

Federal agencies reverse Biden-era credit guidance

National Mortgage
Mortgage Finance
2 days ago

Key takeaway: Federal agencies rolled back Biden-era guidance Monday that encouraged creditors to offer special purpose credit programs to underserved,.. Read More;

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Carrington expands non-QM guidelines, citing sector growth

National Mortgage
Mortgage Finance
2 days ago

Carrington Mortgage Services is expanding the underwriting criteria for its Flexible Advantage non-qualified mortgage offerings, including lower the qualifying credit,.. Read More;

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