The New York attorney general is reportedly investigating reverse mortgage servicing practices at units of Nationstar Mortgage and OneWest bank
Former homeowners, speaking before the Senate, urged the rejection of Steve Mnuchin’s nomination as Treasury secretary after foreclosure issues with OneWest bank
The average FICO score on closed loans has fallen to its lowest in nearly two years
Originators looking for future housing hotspots should focus on areas highlighted in a new report
A boost in lending is on the way due to active home building and a rise in new home sales, according to industry figures
Winning in today’s competitive housing market could be more straightforward than you think.
Despite the housing recovery and home sales running 10.3 percent above the level of a year ago, mortgage originations are falling, signaling weakening refinancings.
In the current volatile economic environment, originators need to be adaptable to stay on top of their game. But fall into these traps and your business could be in serious trouble.