Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about two weeks after being sued by Connecticut’s Attorney General. Continue reading
Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work the unemployment rate is back up to 4.2 percent. Continue reading
As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading
As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading
As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading
By adding new customers and selling additional services to existing clients, nCino grew revenue by 14 percent from a year ago, to $138.8 million, helping trim Q3 net loss to $5.3 million. Continue reading
Homebuyer demand picks up for the fourth week in a row to the highest level since January, as rates continue post-election retreat that could have legs. Continue reading
Mortgage tech company carved out of ICE’s Black Knight acquisition has signed new clients, expanded its product lineup, and announced plans to transition to a new CEO in April. Continue reading
Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month. Continue reading
Applications for purchase loans jumped 12 percent week over week and 52 percent from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading