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As president of the secondary marketing agency, Tozer has helped the mortgage market to continue functioning and keep up with changes following the financial crisis.
January 13 -
Robins Financial recognizes trio of top employees, Numerica ramps up lending department and more CU professionals in the news.
January 13 -
Fourth-quarter profit dropped 5.4% as revenue from its mortgage business declined, Wells Fargo said Friday.
January 13 -
Bank of America, the second-largest U.S. lender by assets, said fourth-quarter profit rose 43% as revenue from fixed-income trading increased and expenses dropped.
January 13 -
Housing and Urban Development Secretary-designate Ben Carson is open to finding alternatives to the 30-year fixed-rate mortgage, but believes there must be some government backstop to the housing market.
January 12 -
HUD Secretary-designate Ben Carson is all but certain to get confirmed to his post—unless he makes a major mistake during his confirmation hearing.
January 11 -
Nondepository lenders are beating their bank competitors when it comes to both digital innovation and market share in the mortgage industry. As interest rates rise, banks will need to move toward electronic closings and adopt other innovations if they want to stay competitive.
January 10 -
The Federal Housing Administration said it would cut the annual premium by 25 basis points starting on Jan. 27, giving President-elect Donald Trump a limited window to delay or scrap the cut.
January 9 -
The Federal Housing Administration is cutting its annual mortgage insurance premium by 25 basis points, to 60 basis points, starting Jan. 27, the agency said Monday.
January 9 -
HSBC was fined $32.5 million for failing to comply with a 2011 consent order that directed the bank to revamp its mortgage servicing and foreclosure practices.
January 9