Consumers who sued Mr. Cooper over $25 “junk fees” are taking their fight to a federal appeals court. Borrowers Catherine Palazzo and Peter Hackinen elevated their failed class action case to the 9th U.S. Circuit Court of Appeals last week, according to federal court records. The plaintiffs sued the megaservicer over its fee for expedited […]
Borrowers appeal loss in Mr. Cooper servicing fee fight Read More »
For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them. But there’s some encouraging news. If you’ve been waiting for
3 Reasons Affordability Is Showing Signs of Improvement This Fall Read More »
Encompass dominates the loan origination software market but allegiances vary among competing institutions of various sizes. The LOS is a lender’s key piece of technology, often exceeding core origination tasks by housing product and pricing engines and other closing technology, according to a new report by National Mortgage News parent company Arizent. “Everybody has their
EXCLUSIVE RESEARCH: How LOS preferences differ across lender types Read More »