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HomeStreet selling nearly $800 million in Ginnie servicing

National Mortgage
Mortgage Finance
7 months ago

A HomeStreet Inc. division is shedding Ginnie Mae mortgage servicing rights ahead of the parent company's merger with Mechanics Bank,,.. Read More;

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Google, Oliver Wyman, Corridor launch gen AI sandbox for banks

National Mortgage
Mortgage Finance
7 months ago

The AI sandbox offered by from Google, Oliver Wyman and Corridor Platforms lets users try different large language models within,.. Read More;

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What's behind the increase in housing inventory?

National Mortgage
Mortgage Finance
7 months ago

For-sale housing inventory is sitting at its highest point in years despite a pullback in new listings, and the contrasting,.. Read More;

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Existing lender controls lacking to detect mortgage fraud

National Mortgage
Mortgage Finance
7 months ago

The share of mortgage loans with issues that could indicate fraud declined in the second quarter of 2025, although it,.. Read More;

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Stagnant home sales likely to be a drag on US economy

National Mortgage
Mortgage Finance
7 months ago

The ongoing slump in existing home sales is quite likely to curb consumer spending in the U.S. in the not-too-distant,.. Read More;

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Figure to recombine lending arm and marketplace into one entity

National Mortgage
Mortgage Finance
7 months ago

The founder of Figure is moving to recombine the company he split into two parts just a year agoMike Cagney,,.. Read More;

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Foreclosures exceed last year's pace by 6%

National Mortgage
Mortgage Finance
7 months ago

Foreclosures in 2025 are exceeding last year's pace, but servicers are also managing to turn around the process more rapidly,,.. Read More;

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Former mortgage loan officer faces fraud, forgery counts

National Mortgage
Mortgage Finance
7 months ago

An Indiana loan officer faces a dozen felony counts after being accused of altering borrower information while working as an,.. Read More;

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Appraisal bill introduced to counter HUD's PAVE repeal

National Mortgage
Mortgage Finance
7 months ago

Sen. Raphael Warnock, D–Ga., introduced legislation Thursday to address what he called "systemic bias" in the home appraisal process. The,.. Read More;

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Housing starts rebounded in June on apartment construction

National Mortgage
Mortgage Finance
7 months ago

US housing starts rebounded in June on the strength of multifamily building, while weakness in the larger single-family market pointed,.. Read More;

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Wells Fargo sued for not disclosing fees during loan origination

National Mortgage
Mortgage Finance
7 months ago

A California borrower is accusing Wells Fargo of concealing for more than a decade that it improperly charged customers certain,.. Read More;

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FHFA's Vantagescore move changes math on mortgage insurance

National Mortgage
Mortgage Finance
7 months ago

Even if conforming mortgage lenders were ready to adopt VantageScore 4.0 tomorrow, several industry players warn that infrastructure and policy,.. Read More;

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