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Cenlar RESPA violation suit partially dismissed

National Mortgage
Mortgage Finance
2 years ago

A federal judge has partially granted Cenlar's motion to dismiss allegations of Real Estate Settlement Procedures Act violations in a,.. Read More;

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Ocwen to rebrand as Onity

National Mortgage
Mortgage Finance
2 years ago

Ocwen Financial Group plans to rebrand its parent company to Onity Group, and its operating units to Onity Mortgage later,.. Read More;

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UWM slams investigative report, racketeering lawsuit

National Mortgage
Mortgage Finance
2 years ago

United Wholesale Mortgage is defending itself from explosive allegations in a media investigation and class action suit that the lender,.. Read More;

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NEXA Mortgage CEO talks breakup with co-owner, plans for the future

National Mortgage
Mortgage Finance
2 years ago

"Does this look like a guy who wasn't involved in aviation?" asked NEXA Mortgage's CEO Mike Kortas Tuesday, sharing a,.. Read More;

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Inventory alert: HUD announces bidding for vacant property note sale

National Mortgage
Mortgage Finance
2 years ago

The Department of Housing and Urban Development announced an upcoming sale of vacant loans secured by home equity conversion mortgages.HVLS,.. Read More;

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Purchase-loan size hits 2-year high

National Mortgage
Mortgage Finance
2 years ago

The average purchase loan size hit its highest mark since 2022, even as home lenders saw a second week with,.. Read More;

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Bond traders load up on bearish wagers as rate-cut odds dwindle

National Mortgage
Mortgage Finance
2 years ago

(Bloomberg) -- Bond traders are piling into bearish bets, fueling a selloff in benchmark Treasury securities, as fresh evidence of,.. Read More;

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Mount Street appoints new MD to new role in U.S. loan servicing

National Mortgage
Mortgage Finance
2 years ago

Mount Street Group hired Dean Wheeler as managing director and head of U.S. operations, as it aims to double its,.. Read More;

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Focus sharpens on rate pressure, credit quality ahead of bank earnings

National Mortgage
Mortgage Finance
2 years ago

With interest rates higher for longer and economic activity slowing, analysts expect further pressure on lending profitability as well as,.. Read More;

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Treasury accuses banks of 'insufficient data sharing' on fraud

National Mortgage
Mortgage Finance
2 years ago

In a report last week on AI and cybersecurity, the U.S. Department of the Treasury said that, while banks tend,.. Read More;

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Home price growth should slow over next year, CoreLogic says

National Mortgage
Mortgage Finance
2 years ago

In February, home prices rose at nearly double the month-to-month pace that was the norm prior to the COVID-19 disruption.,.. Read More;

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Prepayments jump 14% in small but important market segment

National Mortgage
Mortgage Finance
2 years ago

Many outstanding mortgages lack interest rate-related incentives to refinance but there nevertheless were notable increases in prepayments in February that,.. Read More;

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