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CFPB gets another acting director as OMB's Vought exits

National Mortgage
Mortgage Finance
3 months ago

Key insight: Mark Paoletta automatically became acting director on Saturday, due to Russell Vought's term expiring. What's at stake: Paoletta is,.. Read More;

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Two Harbors-CrossCountry deal delayed due to one approval

National Mortgage
Mortgage Finance
3 months ago

CrossCountry Mortgage's purchase of Two Harbors Investment is delayed because the parties are still waiting on the approval from one,.. Read More;

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HUD reopens $454M reverse-mortgage pool for bids Sept. 1

National Mortgage
Mortgage Finance
3 months ago

The Department of Housing and Urban Development will begin considering bids in September for the auction of 5,500 units in,.. Read More;

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Top 10 zip codes where LOs should expand coverage in 2026

National Mortgage
Mortgage Finance
3 months ago

As higher urban housing costs push buyers further to the metro fringe, home purchase demand is concentrating in outer-ring suburbs,.. Read More;

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JPMorgan Chase pours in $750 billion for affordable housing

National Mortgage
Mortgage Finance
3 months ago

JPMorgan Chase is embarking on an ambitious multi-year program to boost housing supply and affordable lending through 2035.Processing ContentThe New,.. Read More;

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Why ex-1st Alliance exec keeps fighting after case dismissal

National Mortgage
Mortgage Finance
3 months ago

Former 1st Alliance executive John DiIorio won a key legal battle when the federal case against his company was dismissed,.. Read More;

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Lender payouts for data breaches grow with new settlement

National Mortgage
Mortgage Finance
3 months ago

AnnieMac Home Mortgage is the latest lender to settle a data breach lawsuit, agreeing to a $2 million deal with,.. Read More;

post

Loan modifications rose ahead of policy transition: FHFA

National Mortgage
Mortgage Finance
3 months ago

Overall foreclosure prevention activity slowed at Fannie Mae and Freddie Mac this spring, just ahead of a transition to shorter,.. Read More;

post

New wave of mortgage companies hit with spam call lawsuits

National Mortgage
Mortgage Finance
3 months ago

Five more mortgage lenders were hit with spam call lawsuits in the past few weeks, as more joined the lineup,.. Read More;

post

Trump admin revamp of anti-redlining law targets activist groups

National Mortgage
Mortgage Finance
3 months ago

Key insight: FDIC and OCC proposed CRA rule changes aimed at curbing grant funding for "activist causes." What's at stake: Exams,.. Read More;

post

How much are the GSEs' retained portfolios growing?

National Mortgage
Mortgage Finance
3 months ago

Freddie Mac's retained portfolio inched back up but came nowhere close to catching up with Fannie Mae's, bearing out a,.. Read More;

post

California mortgage lender sued for underpaying employees

National Mortgage
Mortgage Finance
3 months ago

A California-based mortgage lender is facing a lawsuit after accusations it did not accurately pay employees for time worked.Processing ContentSan,.. Read More;

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