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Texas Capital to sell mortgage servicing rights to Ocwen unit

National Mortgage
Mortgage Finance
5 years ago

Texas Capital Bancshares in Dallas has agreed to sell its mortgage servicing rights assets to PHH Mortgage.The $40.1 billion-asset Texas,.. Read More;

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NVR earnings show homebuilding is up but uncertainty lies ahead

National Mortgage
Mortgage Finance
5 years ago

An influx of new home orders helped keep NVR’s revenue up in the first quarter after dropping off from 2020’s,.. Read More;

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GSE caps on investor loans may add to rising fraud risk: CoreLogic

National Mortgage
Mortgage Finance
5 years ago

The risk of misrepresentation on mortgage applications keeps rising, and new restrictions at the government-sponsored enterprises aren’t helping, CoreLogic said,.. Read More;

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D.R. Horton names Ben Carson to its board of directors

National Mortgage
Mortgage Finance
5 years ago

D.R. Horton Inc., which builds homes in 29 states, named Ben Carson, former secretary of the U.S. Department of Housing,.. Read More;

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Loan apps up for first time in 7 weeks, as refis rebound

National Mortgage
Mortgage Finance
5 years ago

The dip in mortgage rates pushed total application activity higher for the first time in seven weeks, helping both purchase,.. Read More;

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Black homes undervalued by $45K compared to white counterparts

National Mortgage
Mortgage Finance
5 years ago

The racial imbalance in home values have shown few signs of progress over the past eight years.Homes in Black neighborhoods,.. Read More;

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Banks picked up mortgage market share in Q1, early earnings indicate

National Mortgage
Mortgage Finance
5 years ago

The quarter-to-quarter increase in mortgage originations at eight banks bested industry-wide expectations, suggesting that the segment is regaining market share,,.. Read More;

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A bipartisan plan to tackle housing insecurity

National Mortgage
Mortgage Finance
5 years ago

Lenders and financial institutions play a critical role in creating and preserving affordable housing, and they could see an increase,.. Read More;

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AI enables lenders to spot bias claims in customer complaints to CFPB

National Mortgage
Mortgage Finance
5 years ago

In one 2020 complaint to the Consumer Financial Protection Bureau, a consumer echoed the words of George Floyd to describe,.. Read More;

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FHFA aims to align foreclosure policies with CFPB

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Finance Agency is looking to coordinate its policies with the Consumer Financial Protection Bureau on,.. Read More;

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Mortgage lenders say remote work cut costs, hint at new office model

National Mortgage
Mortgage Finance
5 years ago

Mortgage companies are giving remote operations mixed reviews and indicated they plan to use a wide range of hybrid business,.. Read More;

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CFPB rule gives renters right to sue debt collectors over evictions

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Consumer Financial Protection Bureau issued a rule Monday enabling renters to sue debt collectors who fail to,.. Read More;

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