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Civic, FoA Commercial acquirer starts business-purpose loan REIT

National Mortgage
Mortgage Finance
2 years ago

Roc Capital Holdings has teamed up with Temasek, a Singapore-based company, to create a real estate investment trust to invest,.. Read More;

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New home mortgage apps up in July thanks to FHA, VA

National Mortgage
Mortgage Finance
2 years ago

Home buyers were more active in purchasing newly constructed properties in July, rebounding from the month prior, with Federal Housing,.. Read More;

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See how title insurers performed in 2Q

National Mortgage
Mortgage Finance
2 years ago

All six companies reported a shift on a quarter-to-quarter basis, and most were still off from a year ago.,.. Read More;

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Jury rules in favor of Fannie, Freddie shareholders, awards $600M

National Mortgage
Mortgage Finance
2 years ago

A federal jury has ruled in favor of Fannie Mae and Freddie Mac shareholders in a decade-old lawsuit over the,.. Read More;

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CFPB to propose rule reining in consumer data sales

National Mortgage
Mortgage Finance
2 years ago

Rohit Chopra, director of the Consumer Financial Protection Bureau said the agency is poised to propose a rule that would,.. Read More;

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Will two newer credit scores beat a single older one for mortgages?

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency's plan to replace the FICO Classic credit score used by government-sponsored enterprises with two new,.. Read More;

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5 mortgage fintech developments in the news

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. While the mortgage industry has been slower,.. Read More;

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FDIC: Office loans, nonbank financing, cybersecurity are top bank risks

National Mortgage
Mortgage Finance
2 years ago

The Federal Deposit Insurance Corp. issued its annual risk report Monday, highlighting risks in commercial real estate, nonbank lending and,.. Read More;

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Rocket Mortgage accused of failing to pay overtime

National Mortgage
Mortgage Finance
2 years ago

Two former loan officers lodged a lawsuit against Rocket Mortgage in mid-July accusing the home lending giant of failing to,.. Read More;

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Lumber prices jumped in July

National Mortgage
Mortgage Finance
2 years ago

Homebuilding supply costs in July climbed upward for the first time in four months, but the pace of growth year,.. Read More;

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UBS to pay $1.44B to settle DOJ mortgage-bond case

National Mortgage
Mortgage Finance
2 years ago

UBS Group AG said it agreed to pay $1.44 billion to settle a case with the U.S. Department of Justice,.. Read More;

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Loan lock activity stifled by rising interest rates

National Mortgage
Mortgage Finance
2 years ago

July's volatile mortgage interest rate environment ended up cutting demand, with lock volume declining for the second month in a,.. Read More;

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U.S. adds 130,000 jobs in January; unemployment rate falls

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