New American leads servicer pack in latest J.D. Power satisfaction rankings

Reading Time: 2 minutesJ.D. Power has released its 2022 Mortgage Servicer Satisfaction Study, with New American Funding com… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
With big shift in housing market, lending executives name cost-cutting as top priority

Reading Time: 2 minutesWith the housing market seeing a substantial shift over the past few months, cost-cutting has become… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, July 25-29
Reading Time: 2 minutesFreddie Mac announced that Dennis Hermonstyne Jr. will join the company as senior vice presiden… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Fed doubles down on June hike with another 75 basis-point interest rate increase

Reading Time: 3 minutesAnother month, another 75 basis-point rate increase. Following up the historic June hiking of its b… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Trident Mortgage Co. to pay more than $24 million in redlining settlement

Reading Time: 3 minutesTrident Mortgage Co. has reached a settlement with various federal and state agencies regarding alle… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New-home sales sink to slowest pace since beginning of pandemic

Reading Time: 2 minutesNew-home sales plummeted to a seasonally adjusted annual rate of 590,000 in June, the slowest pace s… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industrial transaction growth in Q2 slows greatly

Reading Time: 2 minutesU.S. industrial real estate transaction volume rose 8% year over year in the second quarter of this … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Surging food spending drives recent gains in restaurant, grocery real estate

Reading Time: 2 minutesThe retail sector is continuing to reap the rewards of post-pandemic consumer spending patterns, as … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Former mortgage broker among three arrested for loan fraud scheme

Reading Time: < 1 minuteA former Texas mortgage broker was among three co-conspirators in a mortgage and government loan fra… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: AIME launches political action committee, Guaranteed Rate debuts faster approvals and more
Reading Time: < 1 minuteThe Federal Housing Finance Agency (FHFA) announced the establishment of its Office of Financial Tec… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in