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Coming Up:
Planet Financial Group Shows Q2 Growth
Planet Home Lending boasts double-digit rise in origination.
loanDepot Settles Class Action Lawsuit For $3.5M
Shareholders had accused the lender, its executives, and bank underwriters of misleading disclosures during the 2021 IPO, while loanDepot denies any wrongdoing.
Economic Strength Pushes Mortgage Rates Upward
Affordability concerns grow as robust economy drives rates closer to 7%.
Hedging A Pipeline Of Locked Loans Isn’t Free
Volatility in the ‘To Be Announced’ markets will kill a lender’s gain
Mortgage Banker
Nearly 60% of U.S. Metro Areas See Home Price Gains in Q2 2023
Mortgage payments on a typical home rise by 11.6% year-over-year.
FHA Introduces New Functionality to Streamline Case Cancellations and Reinstatements
Seeks to eliminate manual submissions.
Arrive Home Announces Executive Leadership Changes
Matt Pettit and Tai Christensen ascend to new roles within affordable housing program.
MBA: Mortgage Delinquency Rates Hit Historic Low in Q2 2023
Resilient job market fuels record low delinquencies, yet early signs of credit stress emerge in certain states
MCT Appoints Pawlowski Head Of Technology Solutions
Has over 30 years of experience with Fannie Mae’s Capital Markets and Single-Family Digital Products.