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Fairway hires dozens of LOs from rival shops

National Mortgage
Mortgage Finance
2 years ago

Fairway Independent Mortgage is making notable recruiting moves, announcing Wednesday it brought onboard origination teams from Summit Funding, Movement Mortgage,,.. Read More;

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Ocwen regains profitability ahead of rebranding set for June

National Mortgage
Mortgage Finance
2 years ago

Ocwen Financial's net income got back in the black as it moved toward a rebranding next month, thanks largely to,.. Read More;

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LendUS accused of pressuring employees not to report overtime hours

National Mortgage
Mortgage Finance
2 years ago

Two former assistants at LendUS, a California-based mortgage lender acquired by CrossCountry Mortgage in 2022, are suing their employer for,.. Read More;

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20 producers with the largest non-QM loan volume

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. In this ranking of producers with the,.. Read More;

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FHLB officials concerned about supervisory implementation of FHFA report

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency issued an expansive report last year examining the Home Loan Bank System, including scores of,.. Read More;

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Fannie Mae, Freddie Mac add appraisal rules, title options

National Mortgage
Mortgage Finance
2 years ago

Mortgage companies selling loans to two government-sponsored enterprises will need a specific process for appraisal appeals under new changes announced,.. Read More;

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Chances of 2024 rate cuts dim by the month

National Mortgage
Mortgage Finance
2 years ago

Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting,.. Read More;

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Title premium volume falls 31% year-over-year

National Mortgage
Mortgage Finance
2 years ago

Title insurance premiums written declined by 31% last year compared with 2022, which was more than the 27% drop off,.. Read More;

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Zillow stock slumps on first-time buyer, mortgage rate headwinds

National Mortgage
Mortgage Finance
2 years ago

Zillow Group Inc. shares fell after the real estate company published a second-quarter outlook that called for lower revenue in,.. Read More;

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Buyouts of delinquent commercial real estate CLO loans jump 210% as multifamily landlords struggle

National Mortgage
Mortgage Finance
2 years ago

An office building in Washington, DC.Andrew Harrer/Bloomberg (Bloomberg) --As delinquencies on multifamily mortgages pile up, lenders who had,.. Read More;

post

Realtors update broker commission settlement FAQ

National Mortgage
Mortgage Finance
2 years ago

The National Association of Realtors has updated its frequently asked questions page regarding its Sitzer/Burnett settlement.Among the topics covered are,.. Read More;

post

Senators propose national database of AI security vulnerabilities

National Mortgage
Mortgage Finance
2 years ago

"As we continue to embrace all the opportunities that AI brings, it is imperative that we continue to safeguard against,.. Read More;

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