Author name: Ricky Vasquez

United Wholesale Mortgage is trying to erase the remnants of a lawsuit which prominently scrutinizes the megalender’s relationship with its thousands of mortgage broker partners. Processing Content A federal judge gutted the racketeering class action suit last fall, which accuses the wholesale leader of conspiring with loyalist brokers to steer customers to higher-cost home loans. […]

First Federal Bank, headquartered in Lake City, Florida, is expanding its retail mortgage operations into Louisiana and Mississippi with the acquisition of NOLA Lending Group. Processing Content The mutual bank signed a definitive agreement to purchase NOLA Lending, a mortgage division of Louisiana-based Fidelity Bank, it announced in a press release Monday.  The financial details

The effect of surging insurance costs over the past few years is raising alarms for many homeowners, with nearly half saying higher premiums are “seriously” influencing new purchase strategy. Processing Content Approximately 49% of homeowners said insurance costs factored in either “very heavily” or “seriously” behind purchase decisions, according to a recent survey from Kin.