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New Hampshire Man Found Guilty of VA Loan Fraud

December 29, 2021
Monica Hogan
Evidence at trial showed the defendant used fraudulent means to apply for roughly $8 million in loans...
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In Counterclaim, Equity Prime Levies Allegations Against Carrington

December 29, 2021
Paul Muolo
Equity Prime's lawyers are going to be busy in the new year...
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The Debt Wheel Keeps Spinning for Mortgage Firms

December 29, 2021
Paul Muolo
The cost of money, however, for these lenders is starting to inch up. Then again, not everyone can borrow as cheaply as Rocket Companies...
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FHFA Continues to Focus on Appraisal Bias

December 29, 2021
Dennis Hollier
The centerpiece of a new report is a list of 18 specific examples, some of which are outright illegal.
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Aurora Remains Confident in Better.com. However…

December 28, 2021
Paul Muolo
In the first paragraph of the new 8-K, AAC told its shareholders Better founder and CEO Vishal Garg is presently taking a “break to reflect and refocus”...
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The Fed: Borrowers Benefit From An Increase in Nonbank Share

December 28, 2021
Dennis Hollier
Fed researchers found that a one-standard-deviation increase in market share led to an 18% reduction in mortgage complaints against nonbanks...
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GSE Seller Repurchases Ratchet Higher in Third Quarter

December 28, 2021
John Bancroft
As of September, 2021 already represented the highest annual buyback total — which includes indemnifications as well as repurchases — since 2014.
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Credit Unions Get the Right to Buy MSRs. However...

December 23, 2021
Brandon Ivey
The regulatory development sounds interesting, but there are a few strings attached...
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FHFA Sets GSE Housing Goals for Coming Years

December 23, 2021
Dennis Hollier
The single-family goals didn't change from the FHFA's initial proposal while the multifamily goals will be limited to 2022 due to industry concerns.
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FTC Orders Mortgage Analytics Firm to Improve Data Security

December 23, 2021
Brandon Ivey
Ascension Data & Analytics neither admitted to nor denied the allegations, which were first detailed by the FTC a year ago.
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