Lawyers claim Alexander brothers are unpaid and exit Side lawsuit.
Michael Betz and Grayson Marshall are no longer counsel for Tal and Oren Alexander, following unpaid legal fees in a breach of contract case involving Official Partners.
CHLA Calls for Reform in CFPB Oversight of Independent Mortgage Banks
Small and midsized nonbank mortgage lenders seek relief from the CFPB, citing concerns over its perceived duplicity and questioning its necessity in the industry.
Housing Supply Reaches Five-Year Peak While Demand Falls to Five-Year Low
High housing supply coupled with low demand is affecting purchase agreements, indicating potential shifts in the market landscape for private lenders.
Mr. Cooper reports $204 million profit and ranks among top five correspondent lenders.
Dallas-based Mr. Cooper Group reported impressive fourth-quarter earnings, showcasing a $204 million profit and $235 million in pretax operating income, reflecting growth.
January Sees Increase in Home Sales in the Mid-Atlantic Region
Housing prices in the region have increased, with the median sale reaching $390,000, reflecting a 5.4% annual rise—key insights for private lenders.
Richmond American Homes Introduces Two New Communities in Arizona
Discover two new communities in Goodyear, Arizona: Seasons at Pradera III and The Preserve at Pradera, enhancing the local housing landscape for potential buyers.
ICE Introduces Rate Lock Comparison Tool for Encompass Users
Enhance pricing accuracy with ICE's rate lock comparison tool in Encompass, helping lenders identify and adapt to loan changes impacting pricing and eligibility.
Rocket Companies Unveils ‘Own the Dream’ Campaign During Super Bowl Broadcast
Rocket Companies introduces the 'Own the Dream' campaign, showcasing its commitment to homeownership through a prominent Super Bowl advertisement.
Fifteen percent of California homebuyers can afford a median-priced home.
Only 15% of California homebuyers could meet the income threshold for a median-priced home, highlighting affordability challenges in the market.
Improved mortgage spreads are limiting rates in the current market.
Explore how improved mortgage spreads are likely to temper rising mortgage rates in the coming years, diverging from previous trends that shaped the market.