Embattled MV Realty has settled a lawsuit filed by Idaho Attorney General Raul Labrador involving an agreement it promoted known as Non-Title Recorded Agreements for Personal Services or NTRAPS. These…
Category:
Mortage
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Absolute Home Mortgage has acquired assets from Fidelity Direct Mortgage in a partnership announced Tuesday. Absolute, a nationwide mortgage lender based in New Jersey, added Fidelity’s team of 55 producing…
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Borrowers are slamming yet another mortgage lender with class action lawsuits after it revealed a data breach last month. Troy, Michigan-based Towne Mortgage did not say in a public notice…
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Key insight: Bank regulators plan to continue with tailoring exercises and other deregulation. Forward look: The regulators should be back in the Senate Banking Committee in the new year per…
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Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now The mortgage industry has invested a huge amount…
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National Flood Insurance, LLC is streamlining the flood insurance process for agencies and mortgage brokers with two new platforms. Flood Quotes and the Flood Insurance Portal allow users to compare…
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A trade group representing private lenders has created a database to identify high-risk counterparties prior to funding real estate loans. The National Private Lenders Association has launched the NPLA Watchlist…
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The transition toward updated credit score models at Fannie Mae and Freddie Mac, while less dramatic than a new stock offering, is a fundamental shift with widespread industry implications. These…
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A major cloud vendor is suing Amerisave Mortgage for nonpayment, a lawsuit the lender has countered by claiming the vendor’s solutions didn’t work. The publicly traded Ringcentral sued the Atlanta-based…
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Bloomberg News Key Insight: The Consumer Financial Protection Bureau is going to run out of money early next year, putting the agency in violation of a preliminary injunction. What’s at…
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