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Rithm Capital considering options in commercial RE

National Mortgage
Mortgage Finance
4 years ago

Rithm Capital, the real-estate investment trust previously known as New Residential, continues to look for growth — but for the,.. Read More;

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Mortgage firms are invested in non-QM for the long haul: Fitch

National Mortgage
Mortgage Finance
4 years ago

The new originators and aggregators that Fitch Ratings added to its residential mortgage-backed securities coverage are focusing on non-qualified mortgage,.. Read More;

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Equifax sent banks wrong credit scores for consumers, WSJ says

National Mortgage
Mortgage Finance
4 years ago

Equifax provided inaccurate credit scores on millions of U.S. consumers looking for loans, The Wall Street Journal reported, citing bank,.. Read More;

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Multifamily mortgage originations could drop by 10% in 2022

National Mortgage
Mortgage Finance
4 years ago

Multifamily mortgages had a banner year in 2021 and they're doing better than anticipated in 2022, according to recent mid-year,.. Read More;

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June's pullback in home price growth was the largest in decades

National Mortgage
Mortgage Finance
4 years ago

U.S. home prices continued to soar in June, but their 12-month growth rate slowed more than it has since at,.. Read More;

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Opendoor shares fall after FTC deal on misleading advertising

National Mortgage
Mortgage Finance
4 years ago

Opendoor Technologies Inc. shares fell after the Federal Trade Commission announced that the firm settled allegations over misleading potential home,.. Read More;

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Wells Fargo restores diversity guidelines after fake interview fallout

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo is reinstating the diverse hiring guidelines that it paused after accusations that some managers conducted “fake interviews” with,.. Read More;

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What a recent rescission case win means for other servicers

National Mortgage
Mortgage Finance
4 years ago

Mortgage servicers took a big win home from the U.S. Court of Appeals for the Fourth Circuit, which ruled borrowers,.. Read More;

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Fannie Mae sells $663M in reperforming loans to Chase

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae chose a unit of Chase as the winning bidder of a $663.3 million pool of reperforming mortgage loans,.. Read More;

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Republican lawmakers accuse CFPB of 'collusion' with state AGs

National Mortgage
Mortgage Finance
4 years ago

Three Republican lawmakers accused the director of the Consumer Financial Protection Bureau of “collusion” and “conspiring with state attorneys general”,.. Read More;

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White women cut spending the most as Fed hikes rates, study shows

National Mortgage
Mortgage Finance
4 years ago

Monetary policy has a more significant impact on spending of U.S. households headed by white women than on those led,.. Read More;

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Rocket is the latest to launch a new home-equity product

National Mortgage
Mortgage Finance
4 years ago

Rocket Mortgage is the latest in the ranks of independent mortgage banks that are introducing home-equity products this year.The Detroit-based,.. Read More;

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