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Pig butchering: The scam that hastened a bank's failure

National Mortgage
Mortgage Finance
2 years ago

A report from the government watchdog for the Federal Reserve said this month that Shan Hanes, the CEO of Heartland,.. Read More;

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UWM files suit against creator of Facebook group for brokers

National Mortgage
Mortgage Finance
2 years ago

United Wholesale Mortgage is suing Ramon Walker, owner of brokerage Client Direct Mortgage and creator of a Facebook group dubbed,.. Read More;

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Wider real estate broker commission changes suggested by DOJ

National Mortgage
Mortgage Finance
2 years ago

The Department of Justice is criticizing a proposed settlement in a real estate broker commissions lawsuit, suggesting the agreement doesn't,.. Read More;

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Banks piling back into everything from mortgage debt to CLOs

National Mortgage
Mortgage Finance
2 years ago

Commercial bank holdings of mortgage bonds are on the upswing. Photographer: Kyle Grillot/BloombergKyle Grillot/Bloomberg (Bloomberg) --U.S. banks are,.. Read More;

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For private mortgage insurers, credit is not a concern yet

National Mortgage
Mortgage Finance
2 years ago

While 2023 was another financiallyhealthy year for the private mortgage insurance industry, as the business written during and immediately after,.. Read More;

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Finance of America receives second delisting notice from NYSE

National Mortgage
Mortgage Finance
2 years ago

For the second time in three months, Finance of America has received a delisting notice from the New York Stock,.. Read More;

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New-home construction plunges by most since April 2020

National Mortgage
Mortgage Finance
2 years ago

U.S. new-home construction sank at the start of the year by the most since the onset of the pandemic, indicating,.. Read More;

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Premium Mortgage latest lender to face data breach lawsuit

National Mortgage
Mortgage Finance
2 years ago

A consumer has filed yet another class action lawsuit against a lender over a recently disclosed data breach, suggesting she's,.. Read More;

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Loandepot sues to take down copycat logo of competitor

National Mortgage
Mortgage Finance
2 years ago

The logo and name of Flashhouse LLC's real estate platform fello has an uncanny resemblance to Loandepot's real estate services,.. Read More;

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Valley National Bank, heavy on CRE, is confident despite investor worry

National Mortgage
Mortgage Finance
2 years ago

Valley National Bancorp's stock price has fallen 17% since turmoil hit New York Community Bancorp, which also has a concentration,.. Read More;

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Homebuilder sentiment climbed to six-month high in February

National Mortgage
Mortgage Finance
2 years ago

Sentiment among U.S. homebuilders rose to a six-month high in February as buyers continued to take advantage of mortgage rates,.. Read More;

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NY's $260 billion pension fund is dropping Exxon, other energy company holdings

National Mortgage
Mortgage Finance
2 years ago

(Bloomberg) -- The New York State Common Retirement Fund plans to restrict its investments in Exxon Mobil Corp. and seven,.. Read More;

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