Most Recent Mortgage News

In the wake of servicer acquisitions, how technology can help smaller companies compete

In the wake of servicer acquisitions, how technology can help smaller companies compete

“I definitely see a lot of automation happening more recently,” he said. “I think we’re going to get to a...

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Better Mortgage agrees to settlement in underwriter wage case

Better Mortgage agrees to settlement in underwriter wage case

Better will pay millions of dollars to hundreds of current and former underwriters to settle a lawsuit over unpaid wages. ...

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29 June to 03 July – Mortgage Strategy

29 June to 03 July – Mortgage Strategy

This week’s top headlines: Nationwide Building Society is expected to axe 600 jobs and Halifax brand to disappear after 173...

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Soft Jobs Report Takes Pressure Off Mortgage Rates

Soft Jobs Report Takes Pressure Off Mortgage Rates

I said it was going to be a big week for mortgage rates and it didn’t disappoint. But oddly, mortgage...

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Finally a decision: Two Harbors stockholders approve CrossCountry merger

Finally a decision: Two Harbors stockholders approve CrossCountry merger

Mat Ishbia, UWM’s president and CEO, had made clear in May that he viewed the outcome as a win for...

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HECM endorsements climb even as securitization slips

HECM endorsements climb even as securitization slips

Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the...

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Accord launches dedicated larger loans service – Mortgage Strategy

Accord launches dedicated larger loans service – Mortgage Strategy

Accord Mortgages has launched a dedicated larger loans service, designed to simplify and tailor the application journey for brokers with...

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Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal

Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal

Looking for mortgage rate relief? It could come without any further improvement in bond yields. Instead, Basel re-proposal, which boils...

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FHA foreclosure pressure builds as May delinquency rate ticks up

FHA foreclosure pressure builds as May delinquency rate ticks up

Cure volumes fell 6% month over month in May, with FHA cures continuing to lag broader market performance, a signal brokers...

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Clash of titans: GSIB proposal pits megabank against megabank

Clash of titans: GSIB proposal pits megabank against megabank

Key takeaway: JPMorganChase and Bank of America objected to the proposed removal of risk-weighted assets from the denominator of the...

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