Cannae’s chairman is William Foley, who also continues to serve as non-executive chairman of title insurance giant Fidelity National Financial and executive chairman of Black Knight Financial…
JPMorgan, in particular, was an origination laggard, funding $24.2 billion in home mortgages during the second quarter, a 13.8% decline from the first three months of the year.
Efforts to turn Ocwen around appear to be working. The publicly traded nonbank earned $2.0 million in the second quarter and officials there suggest the lender/servicer will be profitable next year.
One CEO, whose company continues to sponsor AIME, said he found Casa’s behavior offense but told Inside Mortgage Finance his company will continue to support the organization. “I think that eventually Anthony will be back,” he said in an interview Friday morning, “but I hope he takes this time to reevaluate and improve himself.”
The CFPB says that between 2014 and 2017, Townstone made statements about African Americans and predominantly black neighborhoods that discouraged prospective black applicants...
Overall, refinances accounted for 64.2% of new business compared to a reading of 60.1% the week before. The trade group’s purchase index decreased 6.0%
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