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Mortgage broker wanted by feds for role in wide-ranging fraud

National Mortgage
Mortgage Finance
4 years ago

A mortgage broker is a fugitive from justice after being indicted on 25 counts including fraud, part of a six-person,,.. Read More;

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Rocket CEO takes aim at Better.com, margin-cutting competitors

National Mortgage
Mortgage Finance
4 years ago

A pedestrian wearing a protective mask passes in front of Rocket Companies Inc. signage displayed on The Chase Towers building,,.. Read More;

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Cadence Bank pledges $20.7 billion in community development lending

National Mortgage
Mortgage Finance
4 years ago

Cadence Bank in Houston has committed to invest $20.7 billion in low- and moderate-income communities over five years as part,.. Read More;

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Zombie homes decline but foreclosures are rising

National Mortgage
Mortgage Finance
4 years ago

The number of “zombie” homes vacant and headed toward foreclosure continues to decline, a trend that could reverse with rising,.. Read More;

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Home Point Capital earnings fell, revenue outperformed in 4Q

National Mortgage
Mortgage Finance
4 years ago

Home Point Capital’s bottom-line underperformed some analysts’ estimates in the latest quarter as it continued to struggle with normalizing margins,,.. Read More;

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Title insurers report mixed 4Q earnings as competition grows

National Mortgage
Mortgage Finance
4 years ago

While the four largest publicly-traded title insurers reported strong fourth-quarter financials, the outlook for 2022 is a bit more mixed,.. Read More;

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Servicer may pay over $200,000 to settle class-action suit

National Mortgage
Mortgage Finance
4 years ago

A U.S. District Court judge has approved a final settlement in which a servicer has agreed to pay over $200,000,,.. Read More;

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New-home sales decline for first time in 3 months

National Mortgage
Mortgage Finance
4 years ago

New homes built by Pardee Construction LLC in the Pacific Highlands Ranch master planned community in San Diego, California.Bing Guan/BloombergSales,.. Read More;

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Investors rush to protect from surging costs, stagflation threat

National Mortgage
Mortgage Finance
4 years ago

(Bloomberg) -- Investors rushed to buy bonds that shield them from the prospect of accelerating inflation after the Russian military,.. Read More;

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Ukraine conflict pushes mortgage rates down

National Mortgage
Mortgage Finance
4 years ago

Residents seeking to leave the capital are stuck in traffic on a highway in Kyiv, Ukraine, on Thursday, Feb. 24,,.. Read More;

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FHFA updates proposal for minimum financial eligibility standards

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency has re-proposed minimum financial-eligibility standards for seller-servicers that work with two government-sponsored enterprises, confirming speculation,.. Read More;

post

Fed capital policy puts community development aid out of some banks' reach

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — A landmark Treasury Department program designed to invest billions in poor communities around the U.S. through specialized financial,.. Read More;

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