Mortgage Industry Calls Foul on Latest Fee Hikes From FICO
American homebuyers are about to see their borrowing costs rise as credit scoring company FICO hikes the fees it charges ...
Tag: Mortgage Lenders
United Wholesale Mortgage Touts AI Success on Q3 Earnings Call
AI continues to prove itself as the path for future success as United Wholesale Mortgage (UWM) saw another successful quarter ...
Rocket, UWM and 24 Major Lenders Sued for Alleged Price-Fixing
A new class-action lawsuit from homebuyers has been entered into the docket—this one targeting mortgage lenders. The case, known as ...
Rocket Completes $14.2B Acquisition of Mr. Cooper
Rocket Companies’ acquisition of mega-servicer Mr. Cooper Group has now officially been completed. In a release today announcing the completed ...
Mortgage Mix: Trump Signs Homebuyers Privacy Protection Act Into Law
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Rocket Companies’ Mr. Cooper Acquisition Cleared by the FHFA
The Federal Housing Finance Agency (FHFA) has announced its allowance for Fannie Mae and Freddie Mac to approve Rocket Companies’ ...
Former Flagstar Employee Alleges Retaliation, Potential Money Laundering in Lawsuit Against Company, Ex-CEO
A former chief compliance officer with Flagstar Financial alleges he was fired for investigating money laundering and reporting compliance violations ...
Home Prices Reach Record High, but Profit Margins Stagnate
Home sellers saw a slight increase in profit margins in the second quarter of this year, according to a report ...
Rocket Lays Off 2% of Staff Following Redfin Acquisition
Just a few weeks after acquiring Redfin for $1.75B, Detroit-based Rocket Companies last Friday laid off 2% of its workforce. ...
loanDepot Accused of Steering, Loan Officer Compensation Violations in Federal Class-Action Lawsuit
A group of mortgage borrowers has filed a federal class-action lawsuit against one of the nation’s largest mortgage lenders, alleging ...
Safe at Home: Holiday Tips That Keep Risks and Hazards to a Minimum
Getting back in touch through emails or notes can provide a subtle reminder that you want to stay connected, as well as providing useful information. Instead of sending a generic Happy Holidays card, why not add helpful holiday safety tips? Read more.
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