CFPB’s Chopra addresses mortgage trigger leads, servicing rules in Senate hearing
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has made the rounds this week on Capitol Hill, providing testimony to Congress in their...
Pennymac to issue $650M in unsecured debt
Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. The California-based company announced on Wednesday it intends...
Weekly mortgage applications pick up but remain subdued: MBA
Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a...
The biggest reverse mortgage marketing moves from the first half of 2024
Finance of America brand consolidation
When Finance of America announced its intention to acquire then-industry leader American Advisors Group (AAG), the reverse mortgage industry...
ICE solidifies position as the dominant player in the mortgage tech space in 2023
The mortgage tech industry has taken its fair share of punches in 2023. But for Intercontinental Exchange, Inc. (ICE), it was a year...
HUD names Lofton as Northwest regional administrator
The U.S. Department of Housing and Urban Development (HUD) announced the appointment of Andrew Lofton on Friday as its new administrator for the...
Title industry prepares for possible changes in a post-commission lawsuit world
Ron Frasier, a title industry veteran and CEO of title startup Atlas Title, has been watching the commission lawsuit saga closely.
“If the costs...
Tracy Kasper officially installed as NAR’s new president
The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim,...
5 strategies for smarter outreach, networking
Between rising mortgage rates and soaring loan production costs this year, many lenders and brokerage leaders are reducing headcount to preserve their bottom...
Opinion: Today’s regulatory compliance starts at the top
High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have...