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Better launches mortgage-as-a-service white label product

National Mortgage
Mortgage Finance
2 years ago

Better Home & Finance is launching a mortgage-as-a-service product it claims can save lenders in excess of 30% of their,.. Read More;

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WeWork lease rejections leave $2.5 billion CMBS exposed

National Mortgage
Mortgage Finance
2 years ago

WeWork Inc.'s plan to terminate leases on at least 69 properties will add to the mortgage bonds affected by the,.. Read More;

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Union Home Mortgage sues another rival for trade secrets theft

National Mortgage
Mortgage Finance
2 years ago

Union Home Mortgage is suing yet another competitor to stop a former loan officer from using customer information he allegedly,.. Read More;

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Will the FHFA's vision for the Federal Home Loan banks work?

National Mortgage
Mortgage Finance
2 years ago

Sandra Thompson, director of the Federal Housing Finance Agency, released a report Tuesday outlining potential changes to the Federal Home,.. Read More;

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Ellington grew residential investments, shrunk commercial in 3Q

National Mortgage
Mortgage Finance
2 years ago

Ellington Financial reported Wednesday that it generated a slightly lower-than-expected profit during a period in which volatility challenged its agency,.. Read More;

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Mortgage insurer's strong 3Q not likely to last, BTIG says

National Mortgage
Mortgage Finance
2 years ago

It was a good quarter for the private mortgage insurers as most beat estimates, helped by slow loan prepayment speeds,,.. Read More;

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Finance of America reduces loss, leans into second-liens

National Mortgage
Mortgage Finance
2 years ago

Top reverse-mortgage lender Finance of America reported an unaudited quarterly reduction in its net loss during its earnings call Tuesday,,.. Read More;

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UWM misses on volume, but beats gain-on-sale forecast

National Mortgage
Mortgage Finance
2 years ago

UWM Holdings missed estimates on total volume for the third quarter, but it did outperform on gain-on-sale margins, a Keefe,,.. Read More;

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Mr. Cooper's cybersecurity incident may impact its creditworthiness

National Mortgage
Mortgage Finance
2 years ago

It has been over a week since Mr. Cooper experienced a cybersecurity incident impacting its servicing systems. Some of its,.. Read More;

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Loandepot predicts profitability by spring given Q3's results

National Mortgage
Mortgage Finance
2 years ago

Loandepot closed the summer with another quarterly loss but enjoyed higher margins from home equity lending and better repurchase performance.The,.. Read More;

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Mortgage application volumes up for first time in 4 weeks

National Mortgage
Mortgage Finance
2 years ago

Loan-application volumes saw their first rise in four weeks, as new economic data put a halt to recent steep interest,.. Read More;

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Lance Drummond named new chair at Freddie Mac

National Mortgage
Mortgage Finance
2 years ago

Lance Drummond, a former executive at TD Canada Trust, will become the nonexecutive chair of Freddie Mac's board of directors,.. Read More;

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