The suit, filed by former COO Tammy Richards, accuses loanDepot CEO Anthony Hsieh of ordering the sales team to "trust [their] borrowers" and close loans, disregarding proper underwriting etiquette.
So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content
Join this Radian-sponsored webinar to get an in-depth overview of hybrid and RON closings. We talk about the challenges facing the mortgage industry, the benefits of e-closings, and which solution offers the best experience for lenders and borrowers.
An subcommittee roundtable discussion about bias in appraisals struck a nerve with attendees of the virtual summit, many of them appraisal professionals. HW+ Premium Content
Be prepared: Call on NTC to help support your default servicing! NTC's suite of innovative default servicing solutions compliment and support any servicers process of handling non-performing loans and adhere to all regulatory and investor requirements. Learn More!
The average 30-year-fixed mortgage rose, ever so slightly, to 2.88% for the week ending Sept. 23. Mortgage rates have hovered around that mark for months.
The nation's third largest MLS, with over 70,000 agents in Florida and Puerto Rico, Stellar MLS announced Tuesday that it is partnering with Remine and MoxiWorks to launch a new platform for real estate professionals.
With single-sign-on convenience for borrowers, full LOS integration preserving lender workflows, and enhanced title collaboration tools, SimpleNexus delivers a streamlined eClose solution for a seamless experience for all parties involved at closing. Learn More!
"We should take pride in the fact that our tiny, little industry is really pivotal in this whole cogwheel of not just the American dream, but our economy and everything else," Black Knight's Sandra Madigan says. HW+ Premium Content
Tai Christensen, Director of Government Affairs for CBC Mortgage Agency, will discuss recent efforts by the Biden administration to expand homeownership in under-served communities.
Documents are fundamental to the digital mortgage process and the secret to smart, efficient loans is based on the document engine you use. Learn how ConformX® from First American Docutech can streamline your document process while ensuring accuracy and compliance. Find out more!
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