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Movement Mortgage settles False Claims case for $23.75M

National Mortgage
Mortgage Finance
3 years ago

Movement Mortgage agreed to a $23.75 million settlement with the Justice Department over allegations that the company violated the False,.. Read More;

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Janet Yellen sees path to cool inflation with healthy job market

National Mortgage
Mortgage Finance
3 years ago

US Treasury secretary Janet YellenAl Drago/Photographer: Al Drago/Bloomberg (Bloomberg) --Treasury Secretary Janet Yellen reiterated her optimism about the,.. Read More;

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Banks develop digital brands: 'Gen Z doesn't want to go into the branch'

National Mortgage
Mortgage Finance
3 years ago

Traditional banks continue to develop digital-only brands to acquire younger clients, who prefer mobile experiences and self-service options.While digital-only brands,.. Read More;

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Homebuyers are searching for Sun Belt cities, Redfin report says

National Mortgage
Mortgage Finance
3 years ago

With existing homeowners locked into their low-rate loans, the proportion of home-seekers looking in a different metropolitan area from where,.. Read More;

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Nonbanks lost mortgage share but still dominated the market in '22

National Mortgage
Mortgage Finance
3 years ago

Depositories gained ground in housing finance overall in 2022 — just as they did in the top 10 rankings for,.. Read More;

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The 2023 tech rundown for mortgage organizations

National Mortgage
Mortgage Finance
3 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. Even with a recession looming, mortgage companies,.. Read More;

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Regulators OK short-term accommodations for troubled CRE loans

National Mortgage
Mortgage Finance
3 years ago

Federal regulators have finalized new guidance on how banks should handle distressed commercial real estate.Adobe Stock Federal regulators,.. Read More;

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FedNow's first participants include large banks, influential tech vendors

National Mortgage
Mortgage Finance
3 years ago

FedNow is scheduled to launch in late July. The Federal Reserve has released the first group of participants in,.. Read More;

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Majority of borrowers recovered after forbearance

National Mortgage
Mortgage Finance
3 years ago

Many households that had postponed payments due to hardships two years ago are back on track, even in groups hit,.. Read More;

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Zillow shutting down closing services unit

National Mortgage
Mortgage Finance
3 years ago

Zillow, the company that operates several businesses serving the real estate transaction, is shuttering its closing services unit, the company,.. Read More;

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Median home prices surge 10% in the first half of 2023: report

National Mortgage
Mortgage Finance
3 years ago

Housing costs surged in the first half of this year, exacerbating long-standing affordability concerns, according to a new report from,.. Read More;

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JPMorgan expands mortgage assistance in Black, Hispanic communities

National Mortgage
Mortgage Finance
3 years ago

JPMorgan Chase launched the Chase Home Buyer Grant program in 2021 as part of a five-year racial equity commitment. The,.. Read More;

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