New York Attorney General and long-time legal adversary to Donald Trump Letitia James faces a federal grand jury investigation involving her role in multiple mortgage transactions, according to several news sources. The investigation, which is being led by the Department of Justice and the FBI, revolves around fraud allegations made by Federal Housing Finance Agency […]
Feds accuse Trump adversary Letitia James of loan fraud Read More »
Bloomberg News The U.S. and China have agreed to pause the bulk of their tariff policies against one another for 90 days, sending a jolt of optimism through the banking sector and its investors. The temporary truce was struck over the weekend and announced on Monday, causing stocks to rally and credit spreads to tighten
U.S.-China tariff truce gives banks hope amid uncertainty Read More »
Signs from early April that the housing market is coming around will help the title industry’s performance on what has been a slow start to the spring season. However, the biggest news that shook up the industry took place on April 10 at the second largest company by total volume. Following an incident on a
Title underwriters stay profitable in difficult Q1 Read More »
Federal Reserve Gov. Adriana Kugler on Monday warned U.S. tariffs could propel higher inflation and curb economic growth. While Kugler’s remarks — delivered at the International Economic Symposium in Dublin — argued that the U.S. economy had shown resilience up until now, she characterized the coming impact of tariffs as a negative supply shock that
Fed’s Kugler: Tariffs present stagflation-like pressure Read More »
Acting Consumer Financial Protection Bureau Director Russell Vought rescinded scores of guidance documents in a Federal Register notice scheduled for publication Monday.Bloomberg News The Consumer Financial Protection Bureau is radically cutting enforcement by withdrawing nearly 70 guidance documents, citing President Trump’s mandate to eliminate regulations and reduce costs for businesses. In a major change for
Trump’s CFPB rescinds 70 guidance and enforcement documents Read More »
Whether you’re planning to move soon or not, it’s smart to be strategic about which home projects you take on. Your time, energy, and money matter – and not all upgrades offer the payoff you might expect. As U.S. News Real Estate explains: “. . . not every home renovation project will increase the resale
Home Projects That Boost Value Read More »
The lending playbook needs an overhaul Let’s cut through the noise: The mortgage market isn’t changing; it’s already changed. Volatility is the norm, margins are squeezed within an inch of viability and borrowers expect a frictionless experience every time. If your entire business still revolves around purchase and refinance, you’re not just playing catch-up, you’re
Outdated mortgage tech is draining lenders: Here’s how to stop the bleeding Read More »
Bidding wars for producing mortgage loan officers are back with a vengeance — and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. Just ask Candice McNaught, the senior vice president of business development and strategic initiatives at Connecticut-based Planet Home Lending. McNaught has the tough task of
Bidding wars for mortgage LOs heat up again Read More »
Home Equity Investment (HEI) is a relatively new option for private equity real estate investors, and one that carries significant promise. Essentially, is a secured contract where a homeowner receives cash today for a share of the home’s future value at a refinancing or sale event. Unlike a loan, there are no monthly payments or
Solving the HEI origination securitization challenge Read More »
The mortgage market might still be sluggish, but for originators willing to look beyond the traditional, there’s real momentum building in the non-QM space. Tom Davis, Chief Sales Officer at Deephaven, is helping lead that charge — working with sales teams across the country to grow not just volume, but trust. In this conversation, Davis
Miss this, miss out: Why non-QM loans are booming right now Read More »
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