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Fairway, accused of poaching, takes claims to federal court

National Mortgage
Mortgage Finance
3 years ago

A regional lender claims Fairway Independent Mortgage Corp. is raiding its loan originators, accusations Fairway is taking to federal court.Albany,,.. Read More;

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The best protection for flood risk is an educated borrower

National Mortgage
Mortgage Finance
3 years ago

Mortgage lenders can take some proactive steps to mitigate risk when lending in areas that have a high chance of,.. Read More;

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Zombie homes increase for a second quarter as foreclosures rise

National Mortgage
Mortgage Finance
3 years ago

The number of zombie properties — homes abandoned by their owners while in pre-foreclosure status — is inching higher, with,.. Read More;

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Sun West Mortgage adds NFT to pre-approval process

National Mortgage
Mortgage Finance
3 years ago

The latest update of Sun West Mortgage's Morgan proprietary artificial intelligence system allows for the use of open ledger technology,,.. Read More;

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U.S. mortgage lenders are starting to go broke

National Mortgage
Mortgage Finance
3 years ago

(Bloomberg) -- The US mortgage industry is seeing its first lenders go out of business after a sudden spike in,.. Read More;

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Native American tribes support and expand access to homeownership

National Mortgage
Mortgage Finance
3 years ago

The recent rapid escalation in home prices and interest rates is presenting further challenges to first-time, low- to moderate-income and,.. Read More;

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Lenders took a loss per-loan in Q2 as some servicing income slipped

National Mortgage
Mortgage Finance
3 years ago

The Mortgage Bankers Association on Thursday reported that the industry's average per-loan earnings fell into the red and financial income,.. Read More;

post

Investor homebuyers are still splurging but their market share shrunk

National Mortgage
Mortgage Finance
3 years ago

Investors continue to use their deep pockets to scoop up single-family homes as rising mortgage rates dampen homebuyer demand.Those buyers,,.. Read More;

post

Geolocation plays key role in assessment of climate risk

National Mortgage
Mortgage Finance
3 years ago

As pressures to address climate change mount from both regulators and scientists, data analytics will play a vital role in,.. Read More;

post

U.S. existing-home sales fall a sixth month to over two-year low

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes fell for a sixth straight month in July in the latest indication of how,.. Read More;

post

Mortgage rates drop as inflation concerns ease

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates took a step back over the past week as inflation worries eased, Freddie Mac reported.The 30-year fixed-rate mortgage,.. Read More;

post

Emails uncovered in Trident redlining probe show troubling proof of intent

National Mortgage
Mortgage Finance
3 years ago

A senior loan officer posing with colleagues in front of a confederate flag.Loan officers exchanging company emails proclaiming: "Proud to,.. Read More;

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