Case-Shiller Index posts smaller gain; First American RHPI still shows affordability decline.
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Index: Home Price Growth Slowed Again In November
Analysis and Data
Ex-Employees Sue AmeriSave For Unpaid Wages, Defamation
The group of 140 employees say AmeriSave claimed they were fired 'for cause' after laying them off.
Courts
Jan 31, 2023
Fourth Capital Bank Offers Rocket's Digital Home Loan Process
Q2 announces Fourth Capital as first bank to integrate its mobile app and Rocket Mortgage.
Tech
Direct
Jan 31, 2023
NY Community Bank 'Restructuring' Mortgage Operations
After merger with Flagstar Bank, says it will eliminate 69% of retail mortgage lending offices.
Operations
Jan 31, 2023
Cenlar Names D. James 'Jim' Daras CEO & President
Daras had served as co-CEO since summer of 2022.
People On The Move
Jan 31, 2023
Report: Fannie, Freddie Note Sales Undercut Homeownership Goals
National Consumer Law Center report says sales to private investors strip borrowers of access to loss-mitigation options.
Regulation and Compliance
Jan 31, 2023
FHA Expands COVID-19 Recovery Loss-Mitigation Options
Updated and expanded options intended to help more borrowers avoid foreclosure.
Regulation and Compliance
Jan 31, 2023
Former Live Well CEO Sentenced to 44 Months In Prison
Prosecutors had sought 15 years in $200M bond fraud scheme.
Courts
Reverse
Jan 30, 2023
Fairway Overhauls Its Reverse Mortgage Channel
Company decentralizes its operations and creates Reverse Advisory Council.
Reverse
Jan 30, 2023
American Pacific Mortgage Acquires Lend Smart
Lend Smart will retain its name, leadership, and brand.
Operations
Jan 30, 2023