Redwood Trust CEO Christopher Abate laid out a bold vision of growth for the real estate investment trust at an investor conference in New York City last month.
Note: This alert was originally sent in error yesterday afternoon. All stories and links have been updated to reflect the most up-to-date versions of coverage.
Redwood Trust CEO Christopher Abate laid out a bold vision of growth for the real estate investment trust at an investor conference in New York City last month. Part of that vision included finding ways to tap into the nation's multitrillion-dollar pool of home equity. HW+ Premium Content
PNC Bank allegedly breached Fannie Mae's COVID-19 payment deferral agreement by continuing to charge homeowners who opted for the home retention option for past-due monthly principal and interest payments.
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Rocket Mortgage and Homepoint announced this week that – like PennyMac and UWM – they are also upping their conforming loan limit to $625,000 for a one-unit property.
Much of the growth in mortgage credit availability in September came from loans that cater to self-employed borrowers, who were left in the cold by most lenders during the pandemic.
Computershare Loan Services (CLS) addresses topics around the ever-evolving servicing landscape. With deep roots in default sub-servicing and proprietary loss mitigation technology, CLS evolves as the market changes. Learn how they protect clients' portfolios. Watch Now!
New Residential Investment Corp. announced Monday that it will be acquiring Genesis Capital LLC, a fix-and-flip lender that's on pace to originate about $2 billion in loans in 2021.
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