UWM faces class-action lawsuit over alleged misuse of 401(k) plan assets
Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement Income Security Act (ERISA...
All posts by Flavia Furlan Nunes
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Flavia Furlan Nunes
23:20
Bayview settles for $20M with 53 state regulators over cyberattack
Bayview Asset Management and three subsidiaries have agreed to pay a $20 million fine and implement a corrective plan following
Flavia Furlan Nunes
11:20
Credit bureaus will push to scale back mortgage trigger leads bill
The passage of the mortgage trigger lead bill as proposed in Congress may face a challenge this week from the
Flavia Furlan Nunes
22:20
Mortgage rates jump to 7% as Powell demurs on quick rate cuts
Jerome Powell, the chair of the Federal Reserve, said on Thursday the U.S. economy is “not sending any signals that
Flavia Furlan Nunes
14:20
Rocket’s origination volume jumps 28% in Q3
Detroit-based Rocket Companies saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in
Flavia Furlan Nunes
20:29
Flagstar Bank lays off 700 with more to depart after asset sale to Mr. Cooper
New York Community Bancorp (NYCB) this week announced that it rebranded to Flagstar Bank, laid off 700 employees and anticipated
Flavia Furlan Nunes
20:56
UWM to offer cash-outs with up to 90% LTV and no mortgage insurance
United Wholesale Mortgage (UWM) announced on Wednesday that it’s offering a conventional cash-out loan product with a loan-to-value (LTV) ratio
Flavia Furlan Nunes
23:38
Bank of America mortgage origination volume declines 7% in Q3
In Q3 2024, Bank of America saw a decline in mortgage production, despite a drop in interest rates that benefited
Flavia Furlan Nunes
07:19
loanDepot closes $300M warehouse securitization
According to the company, it’s the 10th time it has closed a transaction of this kind...
Flavia Furlan Nunes
03:47
Invitation Homes to settle FTC claims of unfair rental practices for $48M
The action against Invitation Homes is the first resulting from an FTC workforce formed earlier this year. The group was
