SEC probes Change Company over MBS sold to Wall Street

August 29, 2023by

The U.S. Securities and Exchange Commission is probing The Change Company, a California lender that pledges to promote homeownership...

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ICE’s Black Knight purchase to close on Sept. 5

August 29, 2023by

Intercontinental Exchange's acquisition of Black Knight should close on Sept. 5 following the parties entering into a consent order...

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Bayview starts asset management unit for insurers

August 29, 2023by

A large servicing investor has set up an asset management division for insurers, which have shown more interest in...

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We’re probably at the peak now for mortgage rates, says Pantheon Macroeconomics’ Ian Shepherdson

August 29, 2023by

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ian Shepherdson, Pantheon Macroeconomic founder and chief...

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We’re likely at peak mortgage rates right now, says Zillow Co-Founder Spencer Rascoff

August 29, 2023by

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Spencer Rascoff, Zillow Co-Founder and Pacaso Co-Founder,...

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Changing the retirement mindset can be a big hurdle, but a HECM might help

August 29, 2023by

In addition to the demonstrated aversion that many seniors appear to have toward tapping their home’s equity according to...

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Change Lending loses CDFI certification

August 29, 2023by

Non-bank originator Change Lending lost its Community Development Fund Institution (CDFI) certification, according to a report from Barron’s. Change Lending...

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Better trims its losses in first public earnings

August 29, 2023by

Digital lender Better Home & Finance posted a $45.5 million net loss in the second quarter, according to results...

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Magnitude of credit losses will depend on BoC’s ability to orchestrate a soft landing: RBC

August 29, 2023by

While RBC posted stronger-than-expected earnings results, the bank said it expects credit losses to intensify in the coming months...

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Lower says team issued high-risk loans before AmCap poaching

August 29, 2023by

Lower is accusing a former branch manager and his team of filing over a dozen lucrative, bad loans before...

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