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SoFi's bank charter drives positive outlook, but layoffs hit tech unit

National Mortgage
Mortgage Finance
3 years ago

SoFi Technologies said the benefits of its bank charter outweighed home loan and student loan challenges and helped its fourth-quarter,.. Read More;

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Latest USAA employee reduction impacts mortgage unit

National Mortgage
Mortgage Finance
3 years ago

USAA eliminated an unspecified number of jobs in late January, with some of the employees impacted working in the company's,.. Read More;

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Fairway investing in its reverse mortgage lending business

National Mortgage
Mortgage Finance
3 years ago

Fairway Independent Mortgage is investing what it termed "unprecedented resources" in its reverse mortgage business at a time when massive,.. Read More;

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Consumer credit resilient even as debt, delinquencies rise

National Mortgage
Mortgage Finance
3 years ago

Credit scores, particularly among borrowers in the mortgage market, have held up relatively well as inflation has risen, though some,.. Read More;

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Fed's Wall Street clash sets stage for Powell's hawkish message

National Mortgage
Mortgage Finance
3 years ago

Jerome Powell and Wall Street are headed for another face-off this week as the Federal Reserve seeks to slow its,.. Read More;

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Debt default would make Lehman bankruptcy 'look like a walk in the park'

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — If Congress can't agree to a debt ceiling fix, Wall Street could face apocalyptic consequences. Banks and other financial,.. Read More;

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PacWest restructuring Civic Financial Services' operations

National Mortgage
Mortgage Finance
3 years ago

PacWest Bancorp is restructuring its operations as it looks to exit silos and unify its business lines. That includes making,.. Read More;

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Amerisave defamed laid off employees, suit claims

National Mortgage
Mortgage Finance
3 years ago

Laid off employees of AmeriSave Mortgage Corp. are slamming the lender in a class action lawsuit, claiming the firm disparaged,.. Read More;

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American Pacific Mortgage eyes further expansion

National Mortgage
Mortgage Finance
3 years ago

California-based American Pacific Mortgage continues to expand its market footprint, announcing Thursday an asset purchase of Lend Smart Mortgage, LLCMinnesota-based,.. Read More;

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LendUS agrees to settlement in data breach lawsuit

National Mortgage
Mortgage Finance
3 years ago

Mortgage lender LendUS reached a settlement this week to resolve a legal case tied to a 2021 cyber attack that,.. Read More;

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Pending home sales rise to cap otherwise disappointing year

National Mortgage
Mortgage Finance
3 years ago

U.S. pending home sales unexpectedly rose in December for the first time in seven months, wrapping up an otherwise poor,.. Read More;

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Ginnie Mae will shorten repooling times for RPLs next month

National Mortgage
Mortgage Finance
3 years ago

Next month, Ginnie Mae will follow through with a plan announced last year to reduce the 180-day waiting period for,.. Read More;

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