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PacWest buys specialty real estate lender

National Mortgage
Mortgage Finance
5 years ago

PacWest Bancorp in Los Angeles has acquired a business that makes loans to residential real estate investors.The $29.5 billion-asset PacWest,.. Read More;

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Mortgage fintech Valon looks to disrupt servicing with Series A fundraise

National Mortgage
Mortgage Finance
5 years ago

Digital mortgage servicer Valon set its sights on industry disruption with its Series A fundraise.The company secured $50 million in,.. Read More;

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How appraisal waiver use is changing during the pandemic

National Mortgage
Mortgage Finance
5 years ago

Appraisal waiver use has soared in the current low-rate environment, according to the American Enterprise Institute’s latest analysis of government-sponsored,.. Read More;

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FHFA appoints Clinton Jones as its general counsel

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency announced Monday that senior advisor Clinton Jones will be promoted to general counsel for the,.. Read More;

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Home prices rise above forecast, but growth is expected to slow

National Mortgage
Mortgage Finance
5 years ago

Home prices defied expectations in 2020 — increasing by more than double 2019's rate — but they are expected to,.. Read More;

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Court rules lawsuit challenging CRA rule can proceed

National Mortgage
Mortgage Finance
5 years ago

A judge ruled that a lawsuit seeking to invalidate recent reforms of the Community Reinvestment Act can proceed.Judge Kandis A.,.. Read More;

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33 state attorneys general challenge PHH Mortgages servicing fees

National Mortgage
Mortgage Finance
5 years ago

A bipartisan group of 33 attorneys general, co-led by New York’s Letitia James and Minnesota’s Keith Ellison, filed a motion,.. Read More;

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Sterling in Michigan settles investor lawsuit over mortgage disclosures

National Mortgage
Mortgage Finance
5 years ago

Sterling Bancorp has settled a shareholder lawsuit that alleged disclosures about the Southfield, Mich., company’s residential lending practices violated federal,.. Read More;

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Old Republic's 4Q results bode well for other title insurers: KBW

National Mortgage
Mortgage Finance
5 years ago

The strong fourth quarter results for Old Republic International's title insurance business should carry across to the three pure-play title,.. Read More;

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Why Fannie Maes appetite for green single-family loans is growing

National Mortgage
Mortgage Finance
5 years ago

A securitization program Fannie Mae started last year to finance new energy-efficient homes has reached a critical mass.Since the green,.. Read More;

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Bank of America adds $10 billion to affordable housing plan through 2025

National Mortgage
Mortgage Finance
5 years ago

Bank of America Corp. pledged to add $10 billion to an affordable homeownership program through 2025, tripling its initial commitment.The,.. Read More;

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Mortgage-bond returns defied multiple headwinds in stellar month

National Mortgage
Mortgage Finance
5 years ago

Mortgage investors enjoyed a robust start to the year as January’s excess return came in at a level well above,.. Read More;

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