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Loandepot faces class action over PII exposure during breach

National Mortgage
Mortgage Finance
2 years ago

A class action suit filed in California accuses Loandepot of failing to implement adequate measures to protect its customer data.In,.. Read More;

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Trump's former chief usher raises $100 million homebuyer fund

National Mortgage
Mortgage Finance
2 years ago

A former White House chief usher during Donald Trump's presidency raised about $100 million for a real estate fund to,.. Read More;

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Judge finds UWM employment contract violated workers' rights

National Mortgage
Mortgage Finance
2 years ago

An employment contract United Wholesale Mortgage made employees sign in the past few years violates numerous labor laws, a judge,.. Read More;

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Capital rule's impact on mortgage risk offsets worries industry

National Mortgage
Mortgage Finance
2 years ago

One driver of fears housing finance stakeholders have had about the bank capital proposal's potential for pushing affected depositories out,.. Read More;

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Bill will boost low-income tax credit availability

National Mortgage
Mortgage Finance
2 years ago

A 12.5% increase in the ceiling on the low-income housing tax credit program would be restored if Congress passes a,.. Read More;

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Rocket Mortgage, UWM forgoing Super Bowl ads

National Mortgage
Mortgage Finance
2 years ago

Millions of Americans won't be reminded of financing a home this Super Bowl Sunday. Industry giants Rocket Mortgage and United Wholesale,.. Read More;

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Mr. Cooper's Chris Marshall takes on role at Sagent

National Mortgage
Mortgage Finance
2 years ago

Mr. Cooper President Chris MarMr. Cooper President Chris Marshall is becoming executive chairman role at Sagent, effective immediately, the technology,.. Read More;

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Fannie's CEO contemplates a future after government conservatorship

National Mortgage
Mortgage Finance
2 years ago

After more than 15 years under government control, Fannie Mae's chief executive officer is thinking about a possible future without,.. Read More;

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Loandepot partially restores systems, but still hobbled by breach

National Mortgage
Mortgage Finance
2 years ago

Loandepot announced Thursday it restored some of its systems following a cyber breach that hit the lender in early January.,.. Read More;

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Existing-home sales fall, cap worst year since 1995

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned US homes fell in December, capping the worst year for the housing market in nearly three,.. Read More;

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Home price growth surges at fastest pace since late 2022

National Mortgage
Mortgage Finance
2 years ago

Home prices sustained their upward trajectory to end 2023, even seeing the largest pace of growth in over a year,,.. Read More;

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A $4.9 billion Japan deal for a US builder heralds more M&A

National Mortgage
Mortgage Finance
2 years ago

The Japanese homebuilder deal hunt is picking up. Sekisui House Ltd. announced a $4.9 billion agreement on Thursday to buy MDC,.. Read More;

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