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DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
HousingWire via Yahoo Finance· 23 hours agoOne-third of his loans were purchases, with the remainder being refinances. “The conspiracy to...
HousingWire's Rising Stars 2024 Honors Guaranteed Rate's Bill Loser
The Journal Times· 1 day agoGuaranteed Rate, the second largest retail mortgage lender in the country, toasts William "Bill" Loser, CPA, the company's Senior Vice President and Controller ...
Earnings call: PennyMac Financial reports solid Q1 despite MSR losses
Investing.com· 17 hours ago(NYSE: PFSI ) announced its first-quarter financial results for 2024, reporting a net income of $39...
You just found out your mortgage switched companies, what to know
WSOC via Yahoo News· 6 days agoBoth are perfectly legal and common. “Lenders are churning out millions of mortgages and borrowers...
CFPB Targets Mortgage Servicer 'Junk Fees'
PYMNTS.com· 1 day agoThe CFPB is targeting “junk fees” by mortgage servicers, the companies responsible for processing mortgage payments.
Q1 2024 PennyMac Financial Services Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 10 hours agoIt is our expectation that when interest rates do decline, many of these borrowers will undoubtedly look to lower their mortgage primary driving refinance
What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024
RISMedia Real Estate News· 3 days agoDuring the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the...
PennyMac Mortgage Investment Trust (PMT) Q1 2024 Earnings Call Transcript
Seeking Alpha· 20 hours agoPennyMac Mortgage Investment Trust (NYSE:NYSE:PMT) Q1 2024 Earnings Conference Call April 24, 2024 6:00 PM ETCompany ParticipantsDavid Spector - Chairman...
Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%
Morningstar· 1 day agoThe numbers: Mortgage rates rose for the third week in a row, moving beyond 7%, prompting some home buyers to seek refuge in adjustable-rate mortgages.
The U.S. housing market’s biggest headaches, in five charts
MarketWatch via Yahoo Finance· 6 days ago“The $511 increase in monthly mortgage payment is the average that would result if all borrowers in...
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