Industry News
Coming Up:
Planet Financial Group Triumphs In Q3 2023 Despite Market Challenges
Connecticut-based mortgage giant shines with a 60% surge in MSR portfolio, leveraging niche products and strategic acquisitions despite industry headwinds.
Non-Agency Products to Tap into a New Borrower Market
Finding a new niche with non-agency products.
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FTC Tightens Data Security Protocols For Nonbank Financial Firms
New amendment to the Safeguards Rule mandates prompt reporting of major data breaches, reinforcing protection for consumer information.
First American Pays NY $4.5M To Settle No-Poach Agreements
AG secures $13.75M from title insurance firms, championing worker rights and wage growth.
FHA Proposes Game-Changing Guidelines For HECM For Purchase Program
New measures could boost H4P adoption rate and offer borrowers potential savings with inclusion of premium pricing.
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.