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Union Home Mortgage sues rival for alleged trade secrets theft

National Mortgage
Mortgage Finance
2 years ago

Union Home Mortgage is suing an Ohio rival over its trade secrets, pinning the theft on two former employees. The lender,.. Read More;

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20 banks with the most subservicing in Q2

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five residential servicers in the,.. Read More;

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HELOC, nonagency securitization could grow long term, leaders say

National Mortgage
Mortgage Finance
2 years ago

New securitization of home loans has, by and large, followed the primary market's patterns by trending lower this year, but,.. Read More;

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How data sharing could change under CFPB's proposed new rules

National Mortgage
Mortgage Finance
2 years ago

Banks already share consumers' transaction data with fintechs, mostly through data aggregators, and often grudgingly through screen scraping. The proposed,.. Read More;

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Invitation Homes signs up Starwood for property-management push

National Mortgage
Mortgage Finance
2 years ago

Invitation Homes Inc., the single-family rental giant, struck a deal to manage homes for another major landlord at a time,.. Read More;

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Delinquency rates are back on the rise

National Mortgage
Mortgage Finance
2 years ago

The nationwide delinquency rate surged 13 basis points on an annual basis — the largest upswing since mid-2021 — to,.. Read More;

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Check fraud leads to big Q3 charge at Regions Financial

National Mortgage
Mortgage Finance
2 years ago

Check fraud is costing Regions Financial tens of millions of dollars each quarter — the latest example of how an,.. Read More;

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Finance of America rolls out second-lien product

National Mortgage
Mortgage Finance
2 years ago

Finance of America is beefing up its reverse mortgage programs, announcing Monday plans to launch a second-lien product to consumers,.. Read More;

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Ellington takes stake in Great Ajax after merger cancellation

National Mortgage
Mortgage Finance
2 years ago

Ellington Financial and Great Ajax, a pair of real estate investment trusts, have mutually decided to terminate their merger agreement,.. Read More;

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Ten-year Treasury yield tops 5% for first time since 2007, keeping traders wary

National Mortgage
Mortgage Finance
2 years ago

The 10-year Treasury yield crossed 5% for the first time in 16 years, propelled by expectations the Federal Reserve will,.. Read More;

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Homeowners are spending less on renovation and remodels

National Mortgage
Mortgage Finance
2 years ago

The ongoing surge in mortgage rates is leading to more than just a slowdown in lending, interest in remodeling and,.. Read More;

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State housing finance agencies will have a good 2024, Moodys says

National Mortgage
Mortgage Finance
2 years ago

Unlike the forecast for nonbank lenders and banks, the 2024 outlook at state housing finance agencies is promising largely thanks,.. Read More;

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