Nearly 7 In 10 Home Loans Belonged To IMBs In 2023
In worst market in decades, nonbank mortgage companies saw market share boosted last year.
Advertisement
Tagged: nonbanks
Lack Of Financial Knowledge Leads Borrowers To Overpay
The Philadelphia Fed's study finds limited borrower sophistication may provide lenders with market power.
Jun 20, 2024
Figure Launches TBA Market For Non-Agency Loans
Currently handling only HELOCs, Figure Connect has new products coming soon, says Chief Capital Officer.
Industry Vet Named loanDepot Executive Director of Enterprise Partnerships and Acquisitions
Dan Hanson’s appointment supports company’s plan for investing in growth-generating initiatives.
Sep 15, 2023
FSOC Proposes New Guidance For Supervision Of Nonbanks
Seeks public comment on procedures that would update and replace guidance established in 2019.
Apr 24, 2023
Chopra: Nonbanks, Mortgage Servicers May Also Pose Systemic Risk
CFPB director tells Consumer Bankers Association conference such a failure could lead to 'chaos.'
Mar 30, 2023
CFPB Proposes Registry To Detect Fraud, Repeat Offenders
Registry of company and court-order information would help identify and mitigate risks.
Dec 13, 2022
CFPB Invokes Dormant Authority To Examine Nonbank Companies
Bureau seeking comment on updated procedures
Apr 25, 2022