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UWM fires back at Rocket in first salvo of $100M lawsuit

National Mortgage
Mortgage Finance
2 weeks ago

United Wholesale Mortgage is attempting to poke holes in Rocket Mortgage's $100 million servicing lawsuit.Processing ContentThe wholesale leader hinted at,.. Read More;

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MBA backs Duty to Serve rewrite but wants guardrails

National Mortgage
Mortgage Finance
2 weeks ago

The Mortgage Bankers Association is backing the Federal Housing Finance Agency's proposal to overhaul the Duty to Serve program. It,.. Read More;

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Waterstone Mortgage volume, profits up quarter-to-quarter

National Mortgage
Mortgage Finance
2 weeks ago

Waterstone Financial's mortgage banking income rebounded from the first quarter's just above breakeven numbers, helped by a $114 million increase,.. Read More;

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Post-M&A breach suit signals cyber due diligence risk

National Mortgage
Mortgage Finance
2 weeks ago

A recently acquired mortgage banker has agreed to settle a class action lawsuit over a data breach that occurred last,.. Read More;

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Large drop in new defaults may signal reprieve for servicers

National Mortgage
Mortgage Finance
2 weeks ago

A performance measure for Federal Housing Administration-insured loans improved markedly in the past month, according to the latest numbers from,.. Read More;

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PrimeLending cuts $10M fixed costs as margins squeeze

National Mortgage
Mortgage Finance
2 weeks ago

PrimeLending narrowed recent losses from earlier this year, although current economic pressures have company leaders tempering near-term prospects for a,.. Read More;

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New home sales rise for first time in three months

National Mortgage
Mortgage Finance
2 weeks ago

New-home sales in the US climbed in June for the first time in three months as heavy builder discounting helped,.. Read More;

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Home equity surge offsets slumping mortgage volume

National Mortgage
Mortgage Finance
2 weeks ago

The number of mortgage loans originated fell by 50% between 2021 and 2025, with refinancings down by almost 80%, as,.. Read More;

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Mortgage fraud case shows AI's fake-document risk

National Mortgage
Mortgage Finance
2 weeks ago

Two Florida residents have pleaded guilty to charges stemming from their roles in a bank-fraud scheme, which involved falsified pay,.. Read More;

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Altisource in the red for Q2, looks to diversify clientele

National Mortgage
Mortgage Finance
2 weeks ago

Altisource Portfolio Solutions reported a net loss Thursday morning it plans to recover from by building business in its Hubzu,.. Read More;

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Price gains accelerate despite 6.5%+ rates

National Mortgage
Mortgage Finance
2 weeks ago

Home prices are surging this month to their highest annual growth rate in 15 months, despite mortgage rates reaching an,.. Read More;

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Mortgage rates edging closer to the 7% mark

National Mortgage
Mortgage Finance
2 weeks ago

Mortgage rates could be climbing back above 7% shortly, as gains in the 10-year Treasury yield pushed one data point,.. Read More;

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