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Homepoint Sues 7 Correspondent Lenders Over Repurchases

Claims breaches of contract; seeking more than $4.6 million in restitution.

Courts
Wholesale
Fitch: Non-Bank Mortgage Lenders Can Weather The Storms

Ratings service says they are well-positioned to handle liquidity and funding challenges.

Analysis and Data
Mortgage Applications Fall As Rates Rise

MBA says applications down 4.4% last week after 2 straight increases, as the 30-year mortgage rate rose.

Analysis and Data
Tech Companies Need Hugs, Too

When push comes to shove and mortgage companies start zipping their wallets, mortgage fintech is often left in the dust

Tech
Tech Companies Need Hugs, Too
Mortgage Banker
FHA Urged To Modify Proposed Loss-Mitigation Plan

MBA, ABA, NMSA sign joint letter seeking to simplify & clarify the plan, as well as to extend the time to implement it.

Regulation and Compliance
Movement Mortgage To Pay $23.75M To Settle False Claims Act Probe

Lender accused of not following guidelines for originating, underwriting some FHA, VA loans.

Regulation and Compliance
Guaranteed Rate Acquires Full Ownership of Premia

Relocation mortgage firm was previously a joint venture with Sirva.

Operations
Most Connected Mortgage Professionals 2023

Recognizing the top industry professionals for their participation in the world of social media

Community
Most Connected 2023
NMP
The NEXA Big Thing

Mike Kortas is a fighter who lives in luxury but grinds away like he’s still homeless

Community
NEXA Big Thing
NMP
Finding A Unique Referral Partner

Striking Out With Real Estate Agents? Try Wedding Planners Or Guidance Counselors

Career
Unique referrals
NMP