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Truist takes cost-cutting actions as revenue outlook weakens

National Mortgage
Mortgage Finance
3 years ago

"In the past, these might have been things that sort of would have been off the table," Truist Financial CEO,.. Read More;

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Home prices fall most in a decade but still far from affordable

National Mortgage
Mortgage Finance
3 years ago

U.S. housing prices are finally starting to come down, but not nearly enough for many aspiring buyers struggling to break,.. Read More;

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Bank of America CEO says crisis 'too strong a word' for bank turmoil

National Mortgage
Mortgage Finance
3 years ago

BofA CEO Brian Moynihan and fellow executives warned analysts during fourth-quarter earnings Friday that deposit migration may continue this year,.. Read More;

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TransUnion, Spring Labs to provide credit scores to blockchain apps

National Mortgage
Mortgage Finance
3 years ago

TransUnion and Spring Labs are collaborating to let consumers share their credit score information with decentralized finance lenders. The intent is,.. Read More;

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Home Point cutting 113 Michigan employees after sale

National Mortgage
Mortgage Finance
3 years ago

Days after announcing the sale of its wholesale business to The Loan Store, Home Point Capital filed a Worker Adjustment,.. Read More;

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Mortgage rates rise for first time since March: Freddie Mac

National Mortgage
Mortgage Finance
3 years ago

For the first time since early March, mortgage rates increased this week, which Freddie Mac is attributing to shifting expectations,.. Read More;

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Guild Mortgage picks up eight Fairway branches

National Mortgage
Mortgage Finance
3 years ago

Guild Mortgage picked up eight California branches from Fairway Independent Mortgage in March, adding to its ballooning headcount of over,.. Read More;

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Home resales resume slide after surprise February advance

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes fell in March by more than forecast, underscoring a housing market that's still on,.. Read More;

post

CFPB data breach sends shock waves through the financial industry

National Mortgage
Mortgage Finance
3 years ago

A former Consumer Financial Protection Bureau employee stole some 250,000 records containing customers' personal identifying information, spurring Congressional Republicans to,.. Read More;

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Commercial, multifamily mortgage delinquencies rise in 1Q

National Mortgage
Mortgage Finance
3 years ago

Commercial and multifamily mortgage delinquencies rose in the first quarter compared with the prior three month period, a result of,.. Read More;

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Western Alliance to increase capital levels after surviving Q1 crisis

National Mortgage
Mortgage Finance
3 years ago

Western Alliance Bancorp., which endured major deposit outflows during last month's banking crisis, will reassess its capital and liquidity strategy,,.. Read More;

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U.S. economy stalls as credit narrows, Fed's Beige Book says

National Mortgage
Mortgage Finance
3 years ago

The U.S. economy stalled in recent weeks, with hiring and inflation slowing and access to credit narrowing, the Federal Reserve,.. Read More;

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