The source for daily mortgage news. Rates, analysis, and industry insight for mortgage advisors, originators, bankers, and all loan origination professionals. Home of NMP, Mortgage Banker, and Mortgage Women Magazine.

2023年4月26日 · Rushmore Loan Management Services LLC, a mortgage servicer based in Irvine, Calif., announced Wednesday it has entered into a definitive agreement to sell its residential mortgage servicing platform to Dallas-based Mr. Cooper Group, one of the largest home loan servicers in the country. The deal follows Mr. Cooper's agreement, announced in February, to acquire Rushmore's parent firm, Roosevelt ...

2022年2月23日 · he law firm Marcus & Zelman LLC has reached final approval for a class action settlement with Select Portfolio Servicing Inc., (Gaffney v. Select Portfolio Servicing, Inc.) a company that serviced the plaintiffs’ mortgage loans on behalf of a non-party lender. Now, other consumers who have been overcharged on their mortgage debts after foreclosure may be …

2024年12月13日 · ‘Tis not only the holiday season, but also that time of year when practically everyone weighs in with what they think next year holds for the housing sector. On cue, now comes forth the latest forecast from the National Association of Realtors (NAR), the 1.5 million-member trade-group behemoth representing agents, brokers, and allied professionals.

NMPs calendar of upcoming events for originators and mortgage bankers. Attend in-person conferences, expo shows, virtual conferences, webinars, and other events. Find events from our Mortgage Leadership Outlook series to national conferences by Originator Connect Network.

2024年11月20日 · Today, the Federal Housing Administration (FHA) posted a draft Mortgagee Letter (ML), proposing greater flexibility for borrowers who receive income from individuals renting space inside their property, also called "boarders" by the Single Family Housing Policy Handbook 4000.1. The proposed revision expands underwriting flexibility for borrowers seeking FHA-insured mortgages using that rental ...

2024年12月19日 · With 2025 fast approaching, now is the time to plan ahead and seize new opportunities in the housing market. Over $32 trillion in homeowner equity remains "trapped" as borrowers seek ways to access their wealth for home improvements or debt consolidation—without sacrificing their historically low first mortgage rates.

Meet NMP Magazine’s 40 Under 40 Class of 2024 — the trailblazers transforming the mortgage industry with fresh ideas and boundless energy. From cyber resilience champion Jordan Bingham tackling rising threats to STRATMOR Group’s Garth Graham forecasting transformative trends, this issue equips you to navigate the industry's next big challenges.

2024年10月23日 · Mortgage loan originators and other licensees are being urged by regulators to update their license registration by next month. Recent changes were made to the Nationwide Multistate Licensing System ahead of the organization’s annual renewal period, which runs from Nov. 1 through Dec. 31.. The Conference of State Bank Supervisors (CSBS), the national organization that operates the NMLS, is ...

2024年7月25日 · Mr. Cooper has entered into a “definitive agreement” to buy Flagstar Bank’s residential mortgage servicing business for $1.4 billion, including their mortgage servicing rights (MSRs) and third-party origination (TPO) platform, the company announced in a press release Thursday.. Flagstar Bank is a subsidiary of New York Community Bankcorp, Inc. (NYCB), acquired by NYCB at the end of 2022.