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Mr. Cooper, borrowers settle COVID loss mitigation lawsuit

National Mortgage
Mortgage Finance
3 years ago

A pair of borrowers who sued Mr. Cooper for allegedly steering them away from a pandemic-related loss mitigation plan have,.. Read More;

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Fannie Mae transfers another $926 million in mortgage credit risk

National Mortgage
Mortgage Finance
3 years ago

A government-related agency that backs a significant portion of the U.S. mortgage market has shared nearly $1 billion in credit,.. Read More;

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Warehouse lender to get $31M from First Mortgage and former exec

National Mortgage
Mortgage Finance
3 years ago

First Mortgage Co., along with its convicted founder and former Mortgage Bankers Association chair Ron McCord, have both agreed to,.. Read More;

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Banking crisis ingrains credit funk that was already there

National Mortgage
Mortgage Finance
3 years ago

Adobe Stock, Bloomberg News If you're looking for an upbeat, contrarian outlook on lending amid the banking crisis,.. Read More;

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Rocket's credit card lifts off

National Mortgage
Mortgage Finance
3 years ago

Rocket Cos. formally unveiled its reward credit card offering, which will allow home purchasers to put points toward closing costs,.. Read More;

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Regulator looks to expand NMLS reporting requirements

National Mortgage
Mortgage Finance
3 years ago

A banking regulatory body rolled out a proposal to modernize the Nationwide Multistate Licensing System last week.The Conference of State,.. Read More;

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US housing cools further, with prices down 3% from the peak

National Mortgage
Mortgage Finance
3 years ago

The U.S. housing slump stretched into a seventh month in January.Home prices nationally fell 0.2% from December, according to seasonally,.. Read More;

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Scratch-and-dent mortgage volume expected to keep rising

National Mortgage
Mortgage Finance
3 years ago

The primary cause is agency put-backs but fixing the problems is difficult in a rising rate environment.,.. Read More;

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First Citizens takes second big leap in buying Silicon Valley Bank

National Mortgage
Mortgage Finance
3 years ago

First Citizens BancShares will assume $110 billion of Silicon Valley Bank's assets. Bloomberg News First Citizens BancShares said,.. Read More;

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Schwab's $7T empire built on low rates is showing cracks

National Mortgage
Mortgage Finance
3 years ago

On the surface, Charles Schwab being swept up in the worst U.S. banking crisis since 2008 makes little sense.The firm,,.. Read More;

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Biden asked to exempt housing programs from Buy America rule

National Mortgage
Mortgage Finance
3 years ago

A group of affordable housing advocates are calling on the Biden Administration to specify that the Build America, Buy America,.. Read More;

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Colorado adds momentum to state efforts to ban NTRAPs

National Mortgage
Mortgage Finance
3 years ago

The Centennial State's passage of a bill that sets prohibitions on Non-Title Recorded Agreements for Personal Services is adding momentum,.. Read More;

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