Maria Volkova is a technology reporter at National Mortgage News. She previously worked at HousingWire where she covered housing agencies, with a focus on the Department of Housing and Urban Development and the Department of Veterans Affairs. Prior to that, Maria wrote the FHA/VA newsletter at Inside Mortgage Finance. She graduated from the University of Maryland and currently resides in Chevy Chase, MD.
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Lenders reported a net loss of $534 on each loan they originated in the last quarter, an improvement from the $1,972 loss per loan the quarter prior.
August 17 -
The delivery of immediate cash value to WMC stockholders was one of two points that solidified the deal.
August 10 -
The agency's president, Alanna McCargo, called the nonbank liquidity issue "the biggest of our time," while speaking at the Bipartisan Policy Center Tuesday.
August 9 -
Churchill Funding is accusing Easy Financial of reneging on a master purchase agreement both companies signed in 2020.
July 6 -
The watchdog claims that during internal testing, the company illegally processed $2.3 billion in mortgage payments.
June 27 -
During her opening remarks before lawmakers Tuesday, the head of the Federal Housing Finance Agency reiterated that borrowers with strong credit profiles are not being penalized to benefit those with poorer scores.
May 23 -
Brian O'Shaughnessey's latest venture, Imperial Bancorp, LLC, is set to secure licensing in the next four to six months, when he expects that "spreads and interest rates will tighten and loans will be worth more."
May 8 -
Last month saw purchase rate locks increase by 44%, jumping past the 30% average in February, according to Black Knight's report.
April 10 -
By the end of December, 63% of borrowers saw home values increase by 7.3%, for a collective gain of $1 trillion, CoreLogic's report found.
March 9 -
The bank was already mulling headcount and compensation reductions in early September.
February 9