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Founder Anthony Hsieh ascends to executive chairman; Frank Martell to lead the management team and oversee daily operations.
There's a silver lining for homebuyers -- fewer competitive bids
72% of dog owners would consider moving to a home that better suits their pet's needs.
Partners with NBA great David Robinson to launch organization.
Bureau seeking comment on updated procedures
The bank reported a first-quarter drop in net income that was the largest it had seen since 2003 and was largely driven by lower refinancing activity.
Since mortgage rates topped 5%, home prices appear to have tempered in certain housing markets.
Appraisal bias has been the subject of discussion on a national level as research shows that inequities in home lending and appraisal processes disproportionately impact communities of color.
Bank credits earnings increase in part to rising mortgage interest rates.
With a balance of $346.1 million, the New Residential Mortgage Loan Trust notes are secured mainly by Non-QM loans.