A former director at Better is suing the lender for allegedly laying him off less than one hour after requesting,.. Read More;
A former director at Better is suing the lender for allegedly laying him off less than one hour after requesting,.. Read More;
Fannie Mae on Tuesday reported new housing-related challenges roughly halved its net income in the third quarter.The government-sponsored enterprise reported,.. Read More;
The six active underwriters wrote 14% less business compared with the second quarter and 30% from one year prior.,.. Read More;
Freddie Mac's third quarter earnings slipped 55% compared with the previous year as the company elected to take a $1.8,.. Read More;
Minority homeownership rates jumped sharply last year as low interest rates combined with stimulus payments and high rental costs spurred,.. Read More;
NewRez, the mortgage origination and servicing business of Rithm Capital, and Franklin American Mortgage, a division of Citizens Bank, conducted,.. Read More;
Shareholders that challenged the government-sponsored enterprises' net worth sweep were dealt a setback after a trial in federal court ended,.. Read More;
New York Community Bancorp on Long Island has received final regulatory approval for its $2.6 billion acquisition of Flagstar Bancorp.The,.. Read More;
The home equity buffer that the mortgage industry is counting on to help sustain loan performance experienced a record drop,.. Read More;
CrossCountry Mortgage is the latest lender to trim its payroll, disclosing layoffs last week.The cuts were revealed in a Colorado,.. Read More;
Athas Capital Group, a player in the secondary market, announced last week that it will be winding down business, effective,.. Read More;
The charter acts for Fannie Mae and Freddie Mac establish a procedure whereby the Federal Housing Finance Agency sets maximum,.. Read More;