Ken DeGiorgio, the now-former CEO of First American Financial, is facing a federal assault charge for an altercation that occurred on a cruise ship in late March.

Locks for mortgages increased by 17.1% on a monthly basis in March.

“UWM will be discontinuing our subservicing relationship with Mr. Cooper and they will no longer be [a mortgage servicing right] sale partner,” a UWM spokesperson said.

Tomo will use the proceeds to hire additional loan officers, processors and underwriters.

Lawrence Yun, chief economist at NAR, said “the momentum for home sales is flashing encouraging signs.”

“The CDFI Fund is a targeted, accountable and impactful program that enables private capital to do more for more Americans,” industry trade groups wrote.

Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.

Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.

Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.

The rebrand included an ad during the Super Bowl.