There have been plenty of “asset” sales by mortgage firms this year — MSRs, for instance — but not “whole” company transactions. Is the bell about to ring?
The Appraisal Foundation is pushing back against calls for appraisal reform legislation that would strip the group of its authority to set industry standards and criteria.
Intercontinental Exchange’s attempt to acquire Black Knight has been attacked by regulators, shareholders and mortgage lender trade groups. In other words, it remains to be seen if the deal will get done.
The NY AG sued the Trump Organization this week for, among other things, inflating the value of its real estate holdings. Meanwhile, Rocket hopes to stay in the black.
CFPB Director Rohit Chopra: "The mortgage market has not provided products that allow all households to save money by refinancing at a lower interest rate."
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