The Department of Housing and Urban Development has rescinded the ability for non-residents to qualify for a Federal Housing Administration-backed loan. While the policy shift is effective immediately, full implementation…
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Specialized Loan Servicing, a mortgage servicer acquired by Newrez, faces fresh accusations of inflating balances on dormant second mortgages. A lawsuit filed in a North Carolina federal court alleges that…
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Lower is suing another lender for poaching a branch that was originally brought on board via its acquisition of Thrive Mortgage in early 2024. Ohio-based Lower has accused Residential Wholesale…