Kalispell, Montana-based Mann Mortgage, which operated branches in states throughout the West and Southeast, had previously tangled with regulators in Idaho and Washington
Since launching an initiative to combat redlining in 2021, prosecutors at the Department of Justice have reached settlements with 13 mortgage lenders totaling more than $137M
With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement
A new 'Wall Street Journal' report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee
With former JP Morgan Chase Director Priscilla Almodovar serving as Fannie Mae's CEO since 2022, both mortgage giants are now led by women for the first time in history
Royal Bank of Canada subsidiary now offering grants of up to $50K in minority census tracts in the metro LA market as part of larger initiative to boost lending in underserved communities
The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ's 2021 attempt to withdraw from that settlement — something NAR is trying to block
Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers' sensitive personal information, California regulators say
Concerns about fraud mean lenders who want to sell multifamily loans to the mortgage giants may be required to do more due diligence on borrowers and their properties
FHA premium cuts spur growth, but borrowers with stellar credit can still do better taking out conventional Fannie Mae- or Freddie Mac-eligible mortgages with private mortgage insurance
Release of historical credit scores on tens of millions of loans will help lenders prepare for transition to VantageScore 4.0 next year. Release of FICO Score 10 T data next on deck
Republican attorneys general in 14 states urge Fannie Mae and Freddie Mac's federal regulator to kill a pilot program that allows some borrowers to refi without obtaining title insurance
Launched during the 2008 financial crisis to weed out bad actors, the Nationwide Multistate Licensing System will be updated this weekend as part of a multi-year modernization project
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act in 2021 refinancing request. Rocket says it expects to prevail
The Appraisal Foundation will establish $1.22M scholarship fund to help aspiring appraisers get training and fulfill experience requirements said to have contributed to lack of diversity
A proposal would expand an existing rule and give the 'Committee on Foreign Investment in the United States' power to review real estate sales near 56 military installations in 30 states