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Rocket posts $233 million net loss in 4Q

National Mortgage
Mortgage Finance
2 years ago

Rocket Cos. lost $233 million in the final months of 2023, sending its full-year mark deep into the red. Executives for,.. Read More;

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Planet Home Lending faces wave of class actions over PII breach

National Mortgage
Mortgage Finance
2 years ago

Customers of Planet Home Lending have filed at least six lawsuits accusing the mortgage lender of failing to protect their,.. Read More;

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Mortgage rates hit highest mark since mid-December

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates surged to their highest point in over two months, as investors revised their forecasts based on new economic,.. Read More;

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Why large servicers' net operating-income seems to have spiked

National Mortgage
Mortgage Finance
2 years ago

Servicing has benefited mortgage lenders otherwise struggling with profitability and Mortgage Bankers Association numbers presented at a conference Thursday suggest,.. Read More;

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JPMorgan Chase, TD draw AI talent through research labs

National Mortgage
Mortgage Finance
2 years ago

JPMorgan Chase's AI research group published 400 papers last year. TD Bank Group's AI group, Layer 6, published 14. ,.. Read More;

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Sales of previously owned U.S. homes rise by most in nearly a year

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned U.S. homes rose in January by the most in nearly a year as buyers took advantage,.. Read More;

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Heavy hail hit over 10 million homes in 2023: CoreLogic

National Mortgage
Mortgage Finance
2 years ago

Homebuyers must heed the risk of hail after it caused the largest percentage of insured property loss last year, a,.. Read More;

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The 10 best cities for first-time homebuyers in 2024

National Mortgage
Mortgage Finance
2 years ago

Buying a home for the first time is not only a big decision, but also a complicated one, with homebuyers,.. Read More;

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FHA finalizes payment-supplement partial claim

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Administration has launched the final version of a long-awaited program for distressed borrowers trying to modify loans,.. Read More;

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Fitch, Dv01 establish new nonagency RMBS benchmarks

National Mortgage
Mortgage Finance
2 years ago

Capital markets fintech Dv01 and research agency Fitch Ratings announced a collaboration to offer new benchmarks for non-QM and jumbo,.. Read More;

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Homebuilder Toll Brothers hits record with strong demand outlook

National Mortgage
Mortgage Finance
2 years ago

Luxury homebuilder Toll Brothers Inc. rose to a record Wednesday as the company said it's optimistic about its prospects for,.. Read More;

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Navy Federal names next chief executive

National Mortgage
Mortgage Finance
2 years ago

Mary McDuffie will retire as president and CEO of Navy Federal Credit Union where she has worked for 24 years.,.. Read More;

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