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Former Rocket CEO is latest mortgage exec moving into sports

National Mortgage
Mortgage Finance
3 weeks ago

Former Rocket Cos. CEO Jay Farner is now the second longtime senior executive of the mortgage giant to own a,.. Read More;

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Fed bans former Illinois banker for using inflated appraisals

National Mortgage
Mortgage Finance
3 weeks ago

Andrew Harrer/Bloomberg Processing ContentKey insight: A long-time Illinois banker has been banned from the industry for approving mortgages,.. Read More;

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Should lenders prepare for mortgage rates moving even higher?

National Mortgage
Mortgage Finance
3 weeks ago

Mortgage rates reached their highest level since the end of August, following a week of heightened uncertainty over the Iran,.. Read More;

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Short sales yield 9% more than foreclosures now

National Mortgage
Mortgage Finance
3 weeks ago

Short sales sold at a smaller discount than foreclosures starting in January, the first time that's happened since Realtor.com began,.. Read More;

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Target builder partnerships as new-home loan apps rise

National Mortgage
Mortgage Finance
3 weeks ago

In a positive sign for sales of newly constructed homes, mortgage applications for these properties were up in June versus,.. Read More;

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Spiking local foreclosures signal new credit risks

National Mortgage
Mortgage Finance
3 weeks ago

Foreclosure filings surged by more than 20% through the first half of 2026, with numbers reflecting a return to historical,.. Read More;

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PK ALIFT expected to raise $890.9 million in ABS

National Mortgage
Mortgage Finance
3 weeks ago

Apollo PK Air Management is seeing the launch of its sixth aviation loan securitization this month, raising an expected $890.9,.. Read More;

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Bank of America's Moynihan touts 'good economics' of AI

National Mortgage
Mortgage Finance
3 weeks ago

Artificial intelligence was a theme of Bank of America's second-quarter earnings call, with executives attributing revenue and efficiency improvements to,.. Read More;

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Activist investor pushes LoanDepot to consider a sale

National Mortgage
Mortgage Finance
3 weeks ago

A minority shareholder at LoanDepot has called for the company to rethink its management and consider courting acquirers, citing concerns,.. Read More;

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Bob Murphy, appraisal management company pioneer, dies

National Mortgage
Mortgage Finance
3 weeks ago

Robert "Bob" Murphy Jr., considered to be a pioneer in the growth of appraisal management companies, died on July 8.,.. Read More;

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Budget for 6.3% rates through 2027, Fannie Mae warns

National Mortgage
Mortgage Finance
3 weeks ago

Fannie Mae continues to downgrade its mortgage forecasts as it foresees a higher-for-longer mortgage rate environment.Processing ContentThe government-sponsored enterprise reduced,.. Read More;

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Carrington's $200B in servicing goes AI-native with Kastle deal

National Mortgage
Mortgage Finance
3 weeks ago

Carrington Mortgage Services and artificial intelligence fintech Kastle struck an agreement to deploy the latter's AI agents for servicing operations,,.. Read More;

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