Uncategorized

After several postponements, Two Harbors Investment shareholders have finally approved the agreement for the real estate investment trust and its RoundPoint servicing business to be acquired by CrossCountry Mortgage. Processing Content Two Harbors is making the announcement based on the preliminary vote count, remaining subject to certification by the independent inspector of elections. It is […]

A United Wholesale Mortgage customer is implicating the top lender in a data breach. Processing Content Michigan resident Ricky LaFountain sued UWM in a Michigan federal court Wednesday for negligence, over the company’s purported role in an incident last year. The lawsuit claims UWM customers’ personal identifiable information, including Social Security numbers, were compromised in

Freddie Mac has tightened some requirements for mortgages on hybrid factory-built homes that are similar to traditional houses and condo refinances. Processing Content Freddie Mac clarified that including site-built houses in appraisal comps for loans on hybrid manufactured homes is a necessity, not an option, when there aren’t similar properties nearby. The government-sponsored enterprise also