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UWM accuses Atlantic Trust of flouting "All In" ultimatum

National Mortgage
Mortgage Finance
2 years ago

United Wholesale Mortgage is suing Atlantic Trust Mortgage Corporation for breaching its controversial All-In agreement. This is the second legal,.. Read More;

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Planet Home Lending blames hack on vendor vulnerability

National Mortgage
Mortgage Finance
2 years ago

Planet Home Lending says a ransomware attack last fall compromised the Social Security numbers of 199,873 customers.The hack exploited vulnerabilities,.. Read More;

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Home buyers can afford $40K more house, Redfin finds

National Mortgage
Mortgage Finance
2 years ago

Homebuyers have gained at least $40,000 more in purchasing power as a result of mortgage rates falling at least 100,.. Read More;

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Warren urges Powell to cut rates to help alleviate housing costs

National Mortgage
Mortgage Finance
2 years ago

Senator Elizabeth Warren and three Democratic colleagues urged Federal Reserve Chair Jerome Powell to lower interest rates to help bring,.. Read More;

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Condos, HOAs set to grow as Fannie, Freddie add transparency

National Mortgage
Mortgage Finance
2 years ago

Condominium and homeowner associations are on track to grow in 2024, adding to a constrained supply of housing, and making,.. Read More;

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Academy Mortgage accused of dragging feet in data breach alert

National Mortgage
Mortgage Finance
2 years ago

Academy Mortgage is accused of slow-walking its effort to inform customers of a data breach that took place in mid-2023,,.. Read More;

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Smaller regionals brush off commercial real estate worries

National Mortgage
Mortgage Finance
2 years ago

Executives at Cullen/Frost Bankers, Bank OZK and BankUnited have all made favorable comments recently about credit quality in their banks',.. Read More;

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PrimeLending says volume may be higher in 2024

National Mortgage
Mortgage Finance
2 years ago

Hilltop Holdings residential mortgage originations business is still operating at a loss, as both total volume and gain-on-sale margins in,.. Read More;

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Gauge of U.S. pending home sales jumps to a five-month high

National Mortgage
Mortgage Finance
2 years ago

A gauge of pending U.S. existing-home sales rebounded sharply in December to a five-month high, suggesting the recent drop in,.. Read More;

post

New-home sales exceed forecast on drop in mortgage rates

National Mortgage
Mortgage Finance
2 years ago

Sales of new homes in the U.S. exceeded forecasts in December as a drop in mortgage rates enticed prospective buyers.Purchases,.. Read More;

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Wells Fargo gives $1,000 bonus to its lower-paid employees

National Mortgage
Mortgage Finance
2 years ago

"I read it as a direct response to our union efforts," Joe Hertz, who works for Wells Fargo in Des,.. Read More;

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Loandepot faces mounting litigation over data breach

National Mortgage
Mortgage Finance
2 years ago

A cyber attack that took down Loandepot's systems in early January has ushered in a wave of litigation accusing the,.. Read More;

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