Necessitated by significant operating losses and cash flow challenges due to mortgage market volatility, FGMC has filed for bankruptcy protection. https://t.co/lKTM5e43xi
11:01 AM - 30 Jun 22
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As lenders continue to navigate one of the trickiest economies to date, Sarah Davies of Nova Credit discusses the significant progress in pulling back the layers and reexamining its risk management pr
Promotion of two executive leaders announced on the heels of Finance of America Companies' acquisition of American Advisors Group, one of the largest reverse mortgage lenders in the U.S. https://t.co/
A new analysis from United Regions Van Lines examines the states that offer the greatest housing savings, and which states rank highest in employment opportunities. https://t.co/bHOr4mJgc1
The dip in mortgage rates has kicked the spring homebuying season off on the right foot, as the @MBAMortgage reports overall app volume on the rise for the third straight week, amid uncertainty over t
The addition of Dan Ventura as its new VP of Reverse Operations, follows the formalization of @FairwayMC's Regional Reverse SVP program, and the addition of eight new SVPs. https://t.co/l2BzYdJU0Y
The addition of Dan Ventura as its new VP of Reverse Operations, follows the formalization of Firway Independent Mortgage's Regional Reverse SVP program, and the addition of eight new SVPs. https://t
Through the purchase of Cherry Creek Mortgage, Guild Mortgage will integrate reverse mortgages into its traditional mortgage platform, using its nationwide retail team in nearly 300 branches. https://
In a week of turmoil in the economic markets where the FDIC was named receiver of two banks, @FreddieMac reported the fixed-rate mortgage retreated 13-basis points, ending a five-week run of increases
The @MBAMortgage reports that purchase applications increased for the second straight week, but remained nearly 40% below last year’s pace, amid news of continued economic instability and several bank
Most lenders have automated much of the front end of their processes, and now, Robotic Process Automation (RPA) technology is helping to automate the in-between functions. https://t.co/MnME61RyFc
Still hampered by high mortgage rates and tight supply, Phil Britt asks a panel of experts if the spring/summer 2023 housing market will bring homebuyers back off the sidelines. https://t.co/y8Esdch2I
Kosta Ligris of Stavvy explains how the emergence of eSign, RON, and eNote technologies will lead the way in expediting the mortgage process in 2023. https://t.co/on8X5gwJGp
Mortgage rates continued their upward trajectory according to @FreddieMac, with potential buyers facing affordability and low inventory issues as the spring home buying season begins to ramp up. https
By helping reduce foreclosures and expanding loss mitigation options, @HUDgov's new rule seeks to help keep more in their homes in times of economic instability. https://t.co/B3IQIYW7gB
After three weeks declines, @MBAMortgage reports mortgage application volume took a sudden turn upward this week, despite mortgage rates edging closer to the 7% mark. https://t.co/ZhDol29nSg
In a letter to President Joe Biden, Sen. Sherrod Brown, Chair of the Senate Banking Committee, has requested that the Administration utilize a “whole-of-government” approach to address housing afforda
In April, the Five Star Institute will present its annual Government Forum, an event bringing together mortgage servicers and government officials under one roof to share their perspective on the indu
A new White Paper from Black Knight examines how artificial intelligence and machine learning has been subject to concern by regulators and other stakeholders, and how mortgage industry managers and e
The @MBAMortgage reports that overall mortgage application volume fell 5.7% week-over-week, as homebuyers again retreated to the sidelines as a spike in mortgage rates continue to impact affordability
Passage of HR 1059 will allow for the immediate nationwide use of RON; creation of national minimum standards; and provide certainty for the interstate recognition of RON. https://t.co/7mWfaHfLu4