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Guild Mortgage reports quarterly loss, hints at more acquisitions

National Mortgage
Mortgage Finance
3 years ago

Guild Mortgage reported its first quarterly loss since going public, as mortgage industry turbulence left its mark on the company,.. Read More;

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The worst of the layoffs may be over for the mortgage industry

National Mortgage
Mortgage Finance
3 years ago

It looks like the industry has rolled back more than half the staff added over the course of the pandemic.Estimates,.. Read More;

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Older borrowers face higher barriers to homeownership, Fed says

National Mortgage
Mortgage Finance
3 years ago

Age is not just a number, but a potential barrier to refinancing a mortgage, a report published by the Federal,.. Read More;

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Lawmakers debate fate of other regulators around CFPB Supreme Court case

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Lawmakers and expert witnesses tried to suss out what would happen to other financial regulatory agencies should the,.. Read More;

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Home equity gains grow in Q4

National Mortgage
Mortgage Finance
3 years ago

Home equity continued to grow during the fourth quarter of 2022, but at a much slower pace compared to gains,.. Read More;

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Angel Oak narrowed losses in 4Q as it managed liquidity risk

National Mortgage
Mortgage Finance
3 years ago

Angel Oak Mortgage reduced losses in the fourth quarter but ended up in the red after attempting to address elevated,.. Read More;

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Impac revamps business again, switches to a broker call center

National Mortgage
Mortgage Finance
3 years ago

Impac Mortgage Holdings, which has shifted business strategy several times as it battled market conditions over the past couple of,.. Read More;

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Mortgage rates continue their climb

National Mortgage
Mortgage Finance
3 years ago

The 30-year fixed rate mortgage remained at its highest level since last November, increasing by 8 basis points from the,.. Read More;

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FTC votes to block ICE-Black Knight deal, citing higher prices for home buyers

National Mortgage
Mortgage Finance
3 years ago

The Federal Trade Commission sued to block Intercontinental Exchange Inc. proposed acquisition of mortgage software rival Black Knight Inc. Thursday,,.. Read More;

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BSI settles COVID servicing claims with New York AG

National Mortgage
Mortgage Finance
3 years ago

Servis One, which does business under the name BSI Financial Services, has agreed to pay $350,000 in penalties and restitution,.. Read More;

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Home Point, following 4Q loss, eyes profitability in late 2023

National Mortgage
Mortgage Finance
3 years ago

Home Point Capital will be cash-flow positive in a few months and profitable by the second half of the year,.. Read More;

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Foreclosures fall as equity protects many but not all borrowers

National Mortgage
Mortgage Finance
3 years ago

Fewer borrowers started down the road that could lead them to lose homes through the traditional default process in February,.. Read More;

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