Tag Archives: mortgage

LoanDepot founder Anthony Hsieh ousted as executive chairman

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The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender’s board of directors. Continue reading →

Court tosses redlining suit sparked by mortgage broker’s radio show

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Regulators alleged statements made by hosts of Townstone Financial’s call-in show discouraged “prospective” African-American applicants from seeking mortgage loans. Continue reading →

Regulators fire warning shot over bow of mortgage comparison sites

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The Consumer Financial Protection Bureau warned on Tuesday that operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks. Continue reading →

Most homebuyers forking out big bucks to buy down mortgage rate

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While mortgage rates have eased and home prices have fallen in many markets, affordability “still has a stranglehold on much of the market,” according to research released Monday by Black Knight. Continue reading →

UWM rolls out ‘one-time-close’ new construction loan in time for spring

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Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage. Continue reading →

Amerant Mortgage launches Midwest hub in St. Louis, Missouri

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Florida’s largest community bank, Amerant Bank, continues to grow the national footprint of its mortgage subsidiary, Amerant Mortgage, through acquisitions. Continue reading →

EXCLUSIVE: MooveGuru acquires relocation competitor Relocator

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The deal was inked for “eight figures” and brings to MooveGuru a number of substantial mortgage marketing partnerships, according to news sent exclusively to Inman. Continue reading →

Essent scooping up Finance of America’s title businesses for $100M

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The struggling lender’s pivot to reverse mortgages creates an opportunity for the big private mortgage insurer to acquire Agents National Title and Boston National Title. Continue reading →