Two mortgage lenders had their systems compromised by cyber attacks, documents filed with the state of Maine show. Rockport Mortgage Corporation and Vista Point Mortgage both had their systems infiltrated…
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Mr. Cooper is accusing its insurers of not indemnifying it for losses caused by a cyber attack that hit the nonbank’s systems in late 2023 and shut operations down for…
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The mortgage industry’s effort to rein in trigger leads may have reached a standstill — at least for the time being. In September, a trigger leads bill was added as…
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Movement Mortgage hired Steve Smith to fill the role of president and chief financial officer. Smith, who previously served as an executive advisor at Movement, will now be in charge…
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A Pennsylvania federal judge sided with Mr. Cooper in a class action that accused the mortgage lender and servicer of improperly denying borrowers with Federal Housing Administration-insured loans proper COVID-19…
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Home buying comes with a hefty price tag, not even including the down payment. Buyers, especially millennials, are caught off guard by the costs associated with purchasing a property, a…