Get the NMP Daily
Advertisement
Industry News
Coming Up:
Oct 26, 2023
Mr. Cooper Group Announces Q3 Net Income Of $275 Million, Edges Closer To $1 Trillion Target
CEO Jay Bray touts balanced business model as the driving force behind consistent growth; company initiates search for successor following vice chairman's retirement announcement.
Homestar Financial Shuts Down Amidst Mortgage Volatility
Rising mortgage rates, lock volume decrease, and market compression force the closure of prominent Georgia-based lender, ending its two-decade run.
Federal Reserve Approves Major CRA Overhaul After Nearly Three Decades
Final rule for CRA modernization promises more flexibility, 2-year implementation, and a nod to digital banking.
Oct 24, 2023
Oct 23, 2023
Exchange Ratio Set For AG Mortgage Investment Trust and Western Asset Mortgage Capital Merger
The final ratio is slightly lower than first announced in June.
Oct 19, 2023
Oct 17, 2023
The Mortgage Market’s Disappearing Middle
A brutal winter reckoning to come for undercapitalized, medium-sized lenders
Mortgage Banker