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9 explosive mortgage suits 2024: poaching, fraud and more
Dec 23, 2024 · United Wholesale Mortgage was accused by Hunterbrook, a venture capital-backed outlet, of holding brokers captive via its All-In Initiative and overcharging borrowers by …
An FHA mortgage premium cut will only raise prices
Feb 24, 2025 · Instead of a reckless giveaway, FHA should prioritize maintaining its financial stability. The 2% threshold has long been recognized as inadequate for catastrophic losses, …
Rate touts non-qualified mortgage volume growth | National …
Jan 16, 2025 · Of the $2.8 billion of these loans Rate originated, $1.3 billion came from the Edge Non-QM product suite launched in January. The company rebranded from Guaranteed Rate in …
2025's greatest challenges according to mortgage lenders
Jan 21, 2025 · In an exclusive report published by Arizent, parent company of National Mortgage News, home finance professionals overwhelmingly ranked the lack of qualified home buyers …
Mortgage industry lawsuits: Rocket, PNC and CFPB actions
Jan 22, 2025 · A case between Florida-based lender The Mortgage Firm and the DOJ has also made headlines. The Mortgage Firm is gearing up to spend roughly $1.75 million to build out a …
Mortgage applications fall, rates stagnant to open 2025
Jan 8, 2025 · The trade group's Purchase Index and Refinance Index fell 7% and 2% in the past week, respectively, including an adjustment for the holiday. Refinance activity was also down …
Fannie Mae cuts mortgage forecast as uncertainty persists
Feb 20, 2025 · Fannie Mae sees mortgage rates ending at 6.6% and 6.5% to close 2025 and 2026, respectively. The predictions are up from levels of 6.5% and 6.3% it published a month …
Tech innovation and mortgage in 2025 | National Mortgage News
Dec 30, 2024 · After a dry spell for venture capital in mortgage technology compared to the fruitful start to the decade, the appetite for innovation gained momentum in the second half of …
Applications soar against rising rates in volatile week
Jan 15, 2025 · Sticky mortgage rates continue to hover in the mid-6% and higher ranges; the 30-year FRM moved up 10 basis points last week to 7.09%. The MBA benchmarked rates to the …