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Fed survey: Home Loan bank advances are popular liquidity fallback for banks

National Mortgage
Mortgage Finance
3 years ago

Federal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from the,.. Read More;

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Wells Fargo hints at how it will downsize its servicing portfolio

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo offered more details about its approach to downsizing its involvement with mortgages during its earnings call, which revealed,.. Read More;

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HUD proposes remedy to reduce appraisal bias

National Mortgage
Mortgage Finance
3 years ago

The Department of Housing and Urban Development is taking tangible measures to wrangle appraisal bias by giving Federal Housing Administration,.. Read More;

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California lender accuses CrossCountry of racketeering

National Mortgage
Mortgage Finance
3 years ago

A California lender alleges CrossCountry Mortgage used a "transition desk" of dedicated staff to poach one of its branch managers,.. Read More;

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New York foreclosure law may lead to dismissals of older cases

National Mortgage
Mortgage Finance
3 years ago

New York's newly enacted foreclosure law suggests servicers should closely reexamine older distressed mortgages they have in the state as,.. Read More;

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Sagent names former Fannie Mae executive as COO

National Mortgage
Mortgage Finance
3 years ago

Sagent has announced that a former government-sponsored enterprise executive who has served on its board has been appointed to the,.. Read More;

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Fannie Mae, Freddie Mac get servicing valuation rules from FHFA

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency issued an advisory bulletin regarding the government-sponsored enterprises' need to establish and implement risk management,.. Read More;

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Keller Mortgage sheds more personnel

National Mortgage
Mortgage Finance
3 years ago

Keller Mortgage, the lending arm of real estate franchise Keller Williams, had another round of layoffs Thursday, which the company,.. Read More;

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Community reinvestment group plans to put KeyBank's regulators on notice

National Mortgage
Mortgage Finance
3 years ago

One month after releasing a highly critical report about KeyBank's mortgage lending record to Black borrowers, the National Community Reinvestment,.. Read More;

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City National Bank settles DOJ redlining allegations for $31 million

National Mortgage
Mortgage Finance
3 years ago

LOS ANGELES — City National Bank in Los Angeles has agreed to pay $31 million to settle allegations of lending,.. Read More;

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Fed moves cause major headaches for the mortgage ecosystem

National Mortgage
Mortgage Finance
3 years ago

EDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. A happy note as the New Year,.. Read More;

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Housing inventory grew in December as market remained sluggish

National Mortgage
Mortgage Finance
3 years ago

December housing numbers showed inventory opening up as previous booming sales numbers slowed throughout 2022, but supply still lagged behind,.. Read More;

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