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Industry News
Coming Up:
loanDepot Reducing Its Funding Capacity
Tells regulators it will prepay a $500 million securitization facility.
Aug 24, 2022
Reach New Communities To Grow Purchase Originations
It’s time to build connections and market to new communities, especially those who have been left out for the past two years.
Aug 24, 2022
Homepoint Offering Discount For Underserved Communities
Reduced mortgage price also designed to increase access to housing and mortgage brokers.
UWM Offering HELOCs, Doubles VA Jumbo Loan Limit
Boosts VA jumbo loan limit to $4 million.
FHFA To Create Advisory Committee On Affordable, Equitable, & Sustainable Housing
The committee will focus on FHFA’s regulated entities like Fannie Mae, Freddie Mac & Federal Home Loan Banks.
Aug 23, 2022
Tim Birkmeier Loves The Current Market, So Should You
In any marketplace, there are examples of success. All you have to do is replicate it.
Aug 23, 2022
OCC Fines Former Banker $150,000
Financial penalty part of a consent order related to alleged kickbacks.
Black Couple Sues loanDepot & Appraisal Firm For Discrimination
The couple had to whitewash their home for a more accurate valuation.