“`html What the Rocket-Mr. Cooper Deal Means for Mortgage Lenders Introduction to the Rocket-Mr. Cooper Merger The mortgage lending landscape is undergoing a seismic shift with the recent announcement of Rocket Companies acquiring Mr. Cooper Group Inc. in a staggering…
“`html Homestreet Moves On, Merges Into Mechanics Bank The banking sector is abuzz with the news of HomeStreet, Inc., the parent company of HomeStreet Bank, joining forces with Mechanics Bank through a definitive all-stock merger agreement. This partnership is set…
“`html Homeowners’ Insurance Claims Experience Strained: J.D. Power Understanding Homeowners’ Insurance Challenges The homeowners’ insurance landscape is rapidly evolving, presenting both challenges and opportunities for homeowners and service providers like BD Mortgage Group. According to the 2025 U.S. Property Claims…
“`html FHFA Replaces Freddie Mac Board Member, Assigns Audit Role The Federal Housing Finance Agency (FHFA) is stirring the pot once again at Freddie Mac. Yes, another board member replacement! This time, the spotlight is on Grace Huebscher’s exit and…
“`html DOJ Appeals Order That Blocks Trump from Dismantling CFPB In a recent development, the Department of Justice (DOJ) has appealed a federal judge’s order that blocked the Trump administration from dismantling the Consumer Financial Protection Bureau (CFPB). This move…
“`html Lower’s Chief Growth Officer Amir Syed Departs: Impact and Insights Lower’s Chief Growth Officer Amir Syed Departs: Impact and Insights Introduction On March 31, 2025, a notable shift occurred in the leadership of Lower, an Ohio-based mortgage lender, as…
“`html UWM, Rate, A&D, and Finlocker Launch March Promos Ever noticed how the mortgage landscape seems to evolve with every tick of the clock? Well, in March, major players like United Wholesale Mortgage (UWM), Rate, A&D Mortgage, and Finlocker are…
“`html US Regulators Plan to Withdraw Overhauls to Anti-Redlining Rules Introduction The US financial landscape is experiencing a significant shift as top banking regulators, including the Federal Reserve, Federal Deposit Insurance Corp. (FDIC), and Office of the Comptroller of the…
“`html Idaho Passes Trigger Lead Bill as National Ban is Brewing Introduction In a significant move to protect consumer privacy and prevent unwanted solicitations, Idaho has recently passed a bill aimed at regulating mortgage trigger leads. This legislation joins broader…
“`html Wells Fargo Clears Another Consent Order, Now Down to Three Introduction: A Landmark Moment for Wells Fargo In a significant turn of events for Wells Fargo, the bank has recently made headlines by having another consent order lifted by…
