Former Rocket Mortgage executive is promoted to the CEO role of firm specializing in enterprise quality control, audit, and risk management needs.
Read More »HUD Secretary, Deputy Secretary to Honor Dr. King’s Legacy
HUD has announced that Secretary Marcia Fudge and Deputy Secretary Adrianne Todman will participate in service projects to honor Dr. Martin Luther King. Jr., and discuss how modern-day housing issues intersect with the civil rights legacy he helped inspire.
Read More »Deephaven Adds Tyler Bohn as Managing Director, National Accounts
Non-QM specialist adds 15-plus year industry veteran who will be responsible for assisting Mortgage Brokers and Correspondent Lenders scale their non-QM business operations.
Read More »Wells Fargo to Pay $3.7B as Part of CFPB Agreement
“This far-reaching agreement is an important milestone in our work to transform the operating practices at Wells Fargo and to put these issues behind us,” said Charlie Scharf, Wells Fargo’s CEO.
Read More »Mortgage Rates Continue Largest Decline Since 2008
Mortgage rates fell for the fourth consecutive week, and with lingering concerns over less-than-stellar economic growth, overall homebuyer sentiment continues to lag.
Read More »Finance of America to Acquire AAG
Acquisition of nationwide reverse lender by Finance of America marks the company’s expansion into the direct-to-consumer retail channel.
Read More »Potential Homebuyers Consider Renting vs. Owning
New research from LendingTree reveals the U.S. cities where a mortgage is almost as affordable as renting.
Read More »Inlanta Mortgage Acquired by Guild Mortgage
San Diego-based lender increases its market share in the Midwest by agreeing to acquire Wisconsin-based Inlanta Mortgage, a lender currently operating in 27 states.
Read More »Kisha Weir to Lead Pacific Northwest Sales Division for Churchill Mortgage
Thirty-four-year industry veteran joins national lender to oversee sales and business development operations for the company’s Pacific Northwest Division.
Read More »Thursday Is the New Black Friday for Home Sale Discounts
A new Zillow analysis found that sellers looking to slash prices are doing so on a Thursday, with price cuts on average nearly 3% of the listing price, or $11,000 off the price of a typical U.S. home.
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