Eric Lee/Bloomberg Ginnie Mae and Federal Housing Administration officials acknowledged concerns about a surge in delinquencies stemming from an FHA rule change, indicating they do foresee a date when it ends. Processing Content Pressure appears to be on track to let up later this year, Ginnie President Joseph Gormley told attendees at the Mortgage Bankers […]
Ginnie Mae foresees a day when FHA waterfall impacts end Read More »
Wells Fargo will fund a new $100 million mortgage borrower assistance fund, following a federal judge’s final approval of a large settlement agreement. Processing Content U.S. District Judge Trina Thompson OK’ed the terms last week, which resolved some longstanding claims regarding the bank’s alleged discriminatory hiring and lending practices. The agreement also includes a $10
Judge OKs Wells Fargo’s $100 million mortgage borrower fund Read More »
Panorama Mortgage Group, parent company of several lenders focused on affordable homeownership, is rebranding itself to unite multiple brands under one name, it announced Monday. Processing Content All of the Las Vegas-based company’s channels, including Alterra Home Loans and Travisa Financial, will go by SimplyPMG, which more accurately reflects the company’s mission to guide borrowers
Panorama Mortgage Group unifies channels under new name Read More »