Once again, Two Harbors Investment has adjourned the meeting for its shareholders to approve the merger agreement with CrossCountry Mortgage. Processing Content The saga now continues until at least July 2, as Two Harbors continues to wrangle votes. It may be a difficult task to get those, a June 22 report from Keefe, Bruyette & […]
Two Harbors delays CrossCountry deal vote again Read More »
Freedom Mortgage filed a lawsuit against a former executive, accusing him of stealing trade secrets from proprietary software development and using them to design and sell his own artificial intelligence-backed loan-origination system. Processing Content The suit, which was filed last week in federal district court of Eastern Michigan, also claims Brian Sweet, Freedom’s former senior
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Despite higher-than-expected interest rates this spring season, many borrowers are still interested in refinancing their homes. Processing Content One-third of homeowners responding to a 1,000-person survey say that they are currently refinancing or likely to refinance in the next two years, according to Refi.com. Many borrowers are locked into low rates post-pandemic and lack the
Many borrowers still want to refinance their homes Read More »