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CFPB orders OneMain to pay $20M for illegally withholding refunds

National Mortgage
Mortgage Finance
3 years ago

Rohit Chopra, director of the Consumer Financial Protection Bureau, ordering installment lender OneMain to refund borrowers $10 million in interest,.. Read More;

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Fannie Mae, Freddie Mac must drop repurchase policies

National Mortgage
Mortgage Finance
3 years ago

While public debate continues on the pricing grid for Fannie Mae and Freddie Mac, another important issue is growing in,.. Read More;

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The most important question for those looking to get into wholesale

National Mortgage
Mortgage Finance
3 years ago

A key to succeeding in the wholesale space is carving out your niche in it, a report by consulting firm,.. Read More;

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Banks standing strong, but CRE, interest rate risks loom: FDIC

National Mortgage
Mortgage Finance
3 years ago

Federal Deposit Insurance Corp. Chair Martin Gruenberg said Wednesday that "Rising market interest rates, slower economic growth and geopolitical uncertainty…[could],.. Read More;

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Wells Fargo CEO says 'there will be losses' from U.S. office loans

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo & Co. Chief Executive Office Charlie Scharf said there are significant risks to segments of the U.S. office,.. Read More;

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With rates near 7%, mortgage app volume falls for a third week

National Mortgage
Mortgage Finance
3 years ago

Mortgage volumes fell for a third straight week after interest rates surged to their highest level since November, the Mortgage,.. Read More;

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With a debt deal pending, changes are coming to the Fed's balance sheet

National Mortgage
Mortgage Finance
3 years ago

If a debt ceiling agreement is reached this week, Treasury Secretary Janet Yellen will likely direct staff to issue new,.. Read More;

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A record share of home buyers are looking to relocate

National Mortgage
Mortgage Finance
3 years ago

A record share of homebuyers in this year's sleepy housing market are looking to relocate, according to a Redfin analysis.The,.. Read More;

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Servicing the biggest benefit for Ellington in Arlington buy

National Mortgage
Mortgage Finance
3 years ago

Ellington Financial, in a bid to increase its mortgage servicing portfolio, agreed to buy Arlington Asset Investment in a stock,.. Read More;

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Treasury bills climb as traders bet Congress will pass debt deal

National Mortgage
Mortgage Finance
3 years ago

Treasury bills maturing in the first half of June rallied as trading resumed following the Memorial Day holiday, after a,.. Read More;

post

Home price growth cools to 4% in 1Q

National Mortgage
Mortgage Finance
3 years ago

The pace of home price growth slowed again in the first quarter compared to its highs of a year ago,,.. Read More;

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What post-pandemic subservicing may look like

National Mortgage
Mortgage Finance
3 years ago

Call center staff must learn to play a new role as forbearance ends, according to Adam Saab, vice president and,.. Read More;

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