Senate banking chairman says CFPB changes could come ‘soon’
As Joe Biden’s CFPB director remains in his post, a key congressional ally of Donald Trump said changes at the agency could be imminent.
Mortgage
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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector
Even as high interest rates impact the housing market, Dunmor’s CEO anticipates a strong year for investor purchases and new developments.
Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?
Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.
CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
Jason Cave joins Mr. Cooper team as SVP for Government Affairs
Cave previously held various leadership roles at the Federal Housing Finance Agency and Federal Deposit Insurance Corporation.
Newrez president Baron Silverstein on client retention and third-party servicing
In this week’s PowerHouse episode, Newrez President Baron Silverstein dives into his company’s recent acquisitions and its growth strategy.
Lower CEO Dan Snyder explores acquisitions, technology and growth plans
Lower recently acquired Neat Labs to transform its in-house technology stack going into 2025. CEO Dan Snyder shares more details.
Capitulation: Why buyers and sellers are ready to move
Inaction is easy. It’s quiet; unwritten; immune from critique. It sits undone; confidently static.
But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopath’s diary entry:
“We could have watched you grow up, but your grandpa and me weren’t willing to give up our 2.875% rate to move closer to you.”
But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopath’s diary entry:
“We could have watched you grow up, but your grandpa and me weren’t willing to give up our 2.875% rate to move closer to you.”
Lawmakers, housing groups react to Scott Turner’s HUD confirmation hearing
Lawmakers and housing trade groups reacted to Scott Turner’s confirmation hearing to lead HUD, with many saying they’re poised to work with him on housing issues.
Mortgage applications for new homes are 9% higher than a year ago
MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.