Mortgage firms must remain vigilant over possible cyber attacks by Iranian hackers in retaliation for the killing of the country’s top military commander, U.S. financial regulators warn.
Small institutions were the fastest-growing segment of the banking industry in terms of retail mortgage originations in the third quarter of 2019. (Includes two data charts.)
2019 seemed like a slow year for mortgage-related acquisitions, but if you look beneath the surface, deals were getting done, particularly in the non-QM sector.
Freddie Mac, following in the footsteps of Fannie Mae, is offering buyouts to a portion of its workforce. A byproduct of the recap-and-release plan? It certainly looks that way.
It was another strong quarter for warehouse financiers, with nonbanks slurping up more market share. If you're an IMB, credit is plentiful and then some. (Includes data chart.)
The proposed changes to the Community Reinvestment Act are intended to prevent banks from receiving credit on mortgages to wealthy people living in low-income areas.
Analysts say homeowners are sitting on $6.2 trillion of home equity that could be converted to cash. But for many, refinancing is a better choice than a HELOC. (Includes three data charts.)
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