How AI can drive career growth for mortgage professionals
National Mortgage News
by Courtney Hoff Dockerty
2h ago
AI is eliminating some of the day-to-day drudgery of a mortgage professional, giving them space to create more success in their career ..read more
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Lenders, TPOs barred from HECM-for-Purchase contributions
National Mortgage News
by Bonnie Sinnock
13h ago
The Federal Housing Administration removed housing finance firms from the list of permitted interested-party contributors in a new reverse-mortgage rule ..read more
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Ocwen agrees to settle allegations over undisclosed fees
National Mortgage News
by Spencer Lee
13h ago
The company's attorneys had previously managed to successfully decertify the class in the seven-year long case, but the decision was reversed last year ..read more
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The Fed is talking, but markets still hear what they want to hear
National Mortgage News
by Kyle Campbell, Catherine Leffert
13h ago
Banks and other financial market participants have been keyed into the central bank's communications around monetary policy expectations. But in an unpredictable economy, the guidance doesn't always hit the mark ..read more
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Rocket, UWM CEOs got hefty paychecks in 2023
National Mortgage News
by Maria Volkova
13h ago
UWM's leader Mat Ishbia saw his total compensation balloon to over $12 million compared to 2022, while Rocket's CEO received $3.4 million during the first four months of his tenure ..read more
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FHFA finalizes rule on fair lending, language preference
National Mortgage News
by Bonnie Sinnock
17h ago
The Federal Housing Finance Agency rule originally proposed last year aims to make it tougher to roll back measures designed to encourage more equitable lending ..read more
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20 producers with the largest jumbo loan volume
National Mortgage News
by
1d ago
The top five producers had an average dollar volume of more than $99 million in jumbo production ..read more
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Is title insurance ripe for disruption?
National Mortgage News
by Brad Finkelstein
1d ago
The Biden Administration's title waiver pilot has started a broader discussion on whether the product is worth the money paid or even needed at all and can be replaced by an alternative ..read more
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Wildfires pose hidden threat to mortgage lenders and investors
National Mortgage News
by
1d ago
Above and beyond the obvious damage, wildfires levied a hidden cost on the finance industry: Mortgage lenders and investors lost more than $30 billion between 2020 and 2022, due to both accelerated defaults and prepayments following disastrous blazes ..read more
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Republic First fails; Fulton Bank acquires assets, branches
National Mortgage News
by Kyle Campbell
1d ago
The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO ..read more
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