Author name: Ricky Vasquez

Robert Maddox

Lenders are taking more repurchase demands to court

More mortgage firms are suing their counterparties over buyback demands. Processing Content In the past six months, several lenders and servicers have sued origination partners over repurchases, for funds experts say they may never recoup. Although the latest federal complaints are small in number, they’re ticking up again after a small wave of the complaints […]

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Highlands Residential buys The Equitable Mortgage Corp.

Highlands Residential announced Thursday that it has purchased The Equitable Mortgage Corp. in Dublin, Ohio. Processing Content Terms of the transaction were not disclosed. The purchase gives one of the lenders that has consistently appeared in The Best Mortgage Companies to Work For rankings access to an operation founded in 1995 that has steadily grown

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