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Two Harbors bringing $15 billion in mortgage servicing on board

National Mortgage
Mortgage Finance
3 years ago

Two Harbors Investment Corp. has entered commitments to add another $15 billion in mortgage servicing rights, executives said during the,.. Read More;

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Cardinal Financial to settle telemarketing lawsuit for $7M

National Mortgage
Mortgage Finance
3 years ago

Cardinal Financial will pay $7.2 million to settle a class-action lawsuit arising from alleged violations of the Telephone Consumer Protection,.. Read More;

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Fannie Mae's 1Q single-family purchases lowest in 2 decades

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae's earnings increased on a quarter-to-quarter basis as the company set aside less money for potential credit losses, although,.. Read More;

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20 banks with the largest mortgage servicing volume in Q4

National Mortgage
Mortgage Finance
3 years ago

Complimentary access to top ideas and insights — curated by our editors. The top five banks in the list have,.. Read More;

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Departing Rocket Mortgage CEO had a salary boost in 2022

National Mortgage
Mortgage Finance
3 years ago

Jay Farner, the soon-to-be-retired CEO of Rocket Mortgage, saw his compensation package balloon in 2022 compared to a year prior.Farner's,.. Read More;

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SoFi will 'always' stay in student lending, despite challenges: CEO Noto

National Mortgage
Mortgage Finance
3 years ago

SoFi Technologies is expecting to turn a profit by the end of the year following a quarter of growth in,.. Read More;

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How will First Republic's failure impact the mortgage market?

National Mortgage
Mortgage Finance
3 years ago

The failure of First Republic Bank could restrict jumbo mortgage credit availability if balance-sheet lenders pull back from this business.However,,.. Read More;

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Banking leaders hope First Republic deal ends seven-week crisis

National Mortgage
Mortgage Finance
3 years ago

The demise of Silicon Valley Bank on March 10 was followed by the collapse of Signature Bank on March 12.,.. Read More;

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IMBs fail to include race data in HMDA reporting more often than banks and credit unions: analysis

National Mortgage
Mortgage Finance
3 years ago

Independent mortgage banks have been inconsistent in reporting race information when filing Home Mortgage Disclosure Act data, an analysis by,.. Read More;

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Redwood Trust sees opportunities emerge from banking troubles

National Mortgage
Mortgage Finance
3 years ago

Redwood Trust expects its residential mortgage business operations to see long-term benefits resulting from ongoing troubles at regional banks once,.. Read More;

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JPMorgan Chase, FDIC put an end to First Republic's slow bleed

National Mortgage
Mortgage Finance
3 years ago

First Republic's deposits plunged 40.8% between the end of last year and March 31 — and were down by more,.. Read More;

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Mortgage M&A activity in 2022 and 2023: a list

National Mortgage
Mortgage Finance
3 years ago

As mortgage originations have declined, those looking to cash in their chips and get out of the game are helping,.. Read More;

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