As companies start to issue more transactions in the new year, a new report takes a look at how the RMBS market will continue to perform.
Read More »Royal Bank of Scotland Settlement with DOJ Might Not Happen
Following its role in the underwriting of toxic residential mortgage backed securities, the Royal Bank of Scotland expected to pay several billion in fines to the US Department of Justice. However, nothing has been settled just yet.
Read More »Quicken Calls Lawsuit ‘Meritless and Frivolous’
A newly filed class action lawsuit alleges that the online lender used keystroke loggers to collect personal information from visitors to their website.
Read More »Auction.com Adds Amit Aggarwal as SVP, Product and Technology
Aggarwal has 16 years of experience in the industry, including serving as Chief Technology Officer of CarFinance.com.
Read More »Loans and Profits Sink for Independent Lenders
A new report released Thursday finds that independent mortgage banks and mortgage subsidiaries of chartered banks reported a drop in net gains in each loan they originated in Q3 2017—read on the discover the performance breakdown.
Read More »Tackling Today’s Top Legal and Servicing Challenges
Caren Castle, Senior Mortgage Servicing Attorney, The Wolf Firm talks about lessons from 2017 and for the future. From emergent digital solutions to responding to natural disasters, Castle emphasizes the importance of preparation and communication.
Read More »Resiliency is Keeping Housing Outlook Optimistic
On Thursday, an economic and housing outlook report was released—reporting November 2017 economic developments and forecasts. What’s the status of the market? And what’s to come for the future?
Read More »Winner Announced: Fannie Mae’s Non-Performing Loan Sale
Fannie Mae disclosed the results of its 11th non-performing loan sale recently. The deal includes 7,500 loans totaling and unpaid principal balance of $1.23 billion—representing one of the highest bids to date.
Read More »Barclays RMBS Suit: Three Strikes and the Order is Out
Judge denies joint request for “third and final time”. See what it may take for Barclays to settle this suit.
Read More »David Stevens Announces Retirement After 6 Years Helming the MBA
After commanding the Mortgage Banker’s Association in 2011, David H. Stevens years of leadership has proven to bring the MBA to new levels of growth and success.
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