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CFPB orders Wells Fargo to pay $3.7 billion amid widespread consumer banking problems

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau is ordering Wells Fargo to pay $3.7 billion for violating consumer protection laws — a,.. Read More;

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'Ugly home' buyer files trademark lawsuit over HGTV show

National Mortgage
Mortgage Finance
3 years ago

A trademark dispute between the nation's largest homebuyer and a media giant could get ugly.HomeVestors of America, the firm behind,.. Read More;

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Mortgage apps to buy new homes rise month-to-month

National Mortgage
Mortgage Finance
3 years ago

Lower mortgage rates for much of November brought some purchasers of newly constructed homes back into the market, the Mortgage,.. Read More;

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Bucking a downward trend, Sunflower Bank opens mortgage office in Dallas

National Mortgage
Mortgage Finance
3 years ago

Despite major residential lending headwinds in Texas and around the country, Sunflower Bank is  deepening its Dallas footprint with an,.. Read More;

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CFPB's QM rule under scrutiny after dust-up over bank statement loans

National Mortgage
Mortgage Finance
3 years ago

Bank statement loans are coming under renewed scrutiny due to the Consumer Financial Protection Bureau's guidelines that require mortgage lenders,.. Read More;

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Carrington nearly doubles its servicing portfolio, now at $122.1B

National Mortgage
Mortgage Finance
3 years ago

Carrington Mortgage Services has reported that it bought $62.3 billion in servicing from home loans held by more than 236,000,.. Read More;

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U.S. homebuilder sentiment extends record decline to 12 months

National Mortgage
Mortgage Finance
3 years ago

U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in over a decade,.. Read More;

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Fannie Mae cuts 2023 outlook on recession expectations

National Mortgage
Mortgage Finance
3 years ago

The likelihood of a recession drove a reduction in Fannie Mae's mortgage origination forecast for 2023, albeit only by $16,.. Read More;

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Opinion: Attorney opinion letters are key to providing consumer choice

National Mortgage
Mortgage Finance
3 years ago

As might be expected of a lobbyist representing the title insurance industry, and the trade association fully funded and controlled,.. Read More;

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UMortgage acquires a Motto Mortgage branch in Ohio

National Mortgage
Mortgage Finance
3 years ago

UMortgage has acquired Motto Mortgage Apex located in Cincinnati, Ohio, a Motto Mortgage brokerage franchise.The branch has been headed by,.. Read More;

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Servicers' partial waiver for face-to-face meetings nearing expiration

National Mortgage
Mortgage Finance
3 years ago

A Federal Housing Administration requirement for servicers to make face-to-face contact with mortgage borrowers who are in default may be,.. Read More;

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New homes are now more commonly found in HOAs

National Mortgage
Mortgage Finance
3 years ago

Almost two-thirds of new homes constructed are now located in community or homeowner's associations, according to recent analysis from the,.. Read More;

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