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Mr. Cooper works to resolve duplicate payment draft errors

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper on Monday was working on reversing unauthorized duplicate-payment drafts from some of its borrowers’ bank accounts.The drafts did,.. Read More;

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GSEs' automated underwriting changes cause concern for small lenders

National Mortgage
Mortgage Finance
5 years ago

The Community Home Lenders Association is concerned, not just about the tightening of underwriting criteria in the government-sponsored agencies' automated,.. Read More;

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Retail real estate rebounds out of the red zone

National Mortgage
Mortgage Finance
5 years ago

The balance of supply and demand for retail properties has improved to the point where the sector’s outlook is more,.. Read More;

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Why New York Community-Flagstar could be a good fit

National Mortgage
Mortgage Finance
5 years ago

Thomas Cangemi came in trying to check at least a couple boxes as the new CEO of New York Community,.. Read More;

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Black housing wealth equality not likely for decades at best: Zillow

National Mortgage
Mortgage Finance
5 years ago

While housing can be the tool to help close the economic gap between Blacks and whites, equality in homeownership wealth,.. Read More;

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Fresh off NYCB acquisition news, Flagstar earnings show slight decline

National Mortgage
Mortgage Finance
5 years ago

It’s already been an eventful year for Flagstar Bancorp.The holding company for Flagstar Bank faced a data breach in March,,.. Read More;

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Citi invests in mortgage tech in push to close racial wealth gap

National Mortgage
Mortgage Finance
5 years ago

Citigroup said it will invest in digital mortgage offerings as part of its pledge to improve homeownership rates among communities,.. Read More;

post

Fed to taper bond buying in fourth quarter, economists say

National Mortgage
Mortgage Finance
5 years ago

The Federal Reserve is expected to begin trimming its $120 billion in monthly asset purchases before the end of the,.. Read More;

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New York Community to buy Flagstar for $2.6 billion

National Mortgage
Mortgage Finance
5 years ago

Just four months into his tenure as president and CEO of New York Community Bancorp, Thomas Cangemi has made good,.. Read More;

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Delay in naming OCC leader could hurt Democrats agenda

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — As President Biden took office in January, leadership vacancies atop the Consumer Financial Protection Bureau and Office of,.. Read More;

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One year later, commercial mortgages are doing better than expected

National Mortgage
Mortgage Finance
5 years ago

The commercial mortgage collapse that had many distressed debt investors salivating at the start of the pandemic never materialized, as,.. Read More;

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Where foreclosure vulnerability is concentrated in the U.S.

National Mortgage
Mortgage Finance
5 years ago

While foreclosure protections currently shield most borrowers and delayed process timelines to four-year highs, the growing backlog will eventually hit,.. Read More;

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