Coalition calls for CFPB to end mortgage servicer convenience fees
Reading Time: 3 minutesSpearheaded by the attorney general of Illinois, a coalition of attorneys general from 22 states hav… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
IMB profits drop, but 2021 was strong
Reading Time: 2 minutesIndependent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks had a strong year in … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Even as rates rise, March loan lock activity grows
Reading Time: 2 minutesMarch saw mortgage rate locks grow by 19% month over month, as it appears that homebuyers aren’t qui… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Guaranteed Rate completes ATG acquisition, UWM lowers conventional FICO requirement and more
Reading Time: < 1 minuteGuaranteed Rate closed on its acquisition of Attorneys’ Title Guaranty Fund Inc. (ATG), a Chicago-ba… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Leadership overhaul at Fannie Mae as CEO retires, board chair resigns
Reading Time: 2 minutesDetails of a major leadership overhaul at Fannie Mae have come to light, as CEO Hugh Frater is retir… 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, April 4-8
Reading Time: 2 minutesGeneva Financial added Kelly Singh as chief compliance officer. She will drive quality control and… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Homeownership costs exceed historic averages in most U.S. counties
Reading Time: 2 minutesThe cost of buying a home in the U.S. rose starkly, according to a new analysis of housing affordabi… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Return to the office brightens commercial real estate picture
Reading Time: 2 minutesA strong labor market is bolstering the outlook for U.S. commercial properties, especially as work… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Fannie Mae targets new affordable-housing initiative
Reading Time: < 1 minuteFannie Mae this week announced the rollout of a new initiative in North Carolina and Texas that wi… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
CoreLogic: Another double-digit gain for home prices
Reading Time: < 1 minuteNationwide home prices increased by 20% year over year in February 2022, the 12th consecutive month … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
