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Author name: Ricky Vasquez

Analysts split on what happens next with Rocket–Mr. Cooper servicing book

FHFA, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Mr. Cooper Group, Rocket Companies, Servicing /

The Federal Housing Finance Agency (FHFA) signed off on Rocket Companies’ acquisition of Mr. Cooper Group but imposed a 20% cap on Fannie Mae and Freddie Mac servicing exposure — leaving analysts split on what comes next.  BTIG analysts Eric Hagen and Jake Katsikas estimate Rocket controls $400 billion unpaid principal balance in Fannie and […]

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Texans Credit Union announces 105% LTV financing option

Credit Union, First-Time Homebuyers, HWmember, Lenders, LendingLife, Mortgage, Origination, Texas /

Texans Credit Union launched its first-time homebuyer program on Thursday, introducing three new loan options to spur home purchase activity. The three loan options include: Low down payment mortgages that require as little as 3% down. Flexible-rate loans The “Home Extra 105” package, which finances a loan-to-value (LTV) ratio of up to 105% to cover

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Fidelity asks for summary judgment in suit against FinCEN, Bessent

Department of the Treasury, Fidelity National Financial, FinCEN, HWmember, Lawsuit, Legal, Real Estate, Regulatory, Scott Bessent, Title /

With the implementation date for Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers fast approaching, Fidelity National Financial (FNF) and its subsidiaries are asking the court to take action in its lawsuit over the rule.  Filed in May 2025, the suit challenges FinCEN’s anti-money laundering rule, which requires title firms to

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UWM’s Mat Ishbia, Phoenix Suns sued by minority owners over records dispute

HWmember, Lawsuit, LendingLife, Mat Ishbia, Mortgage, United Wholesale Mortgage /

Minority investors in the NBA‘s Phoenix Suns have filed a lawsuit against the team and its majority owner, Mat Ishbia. They allege being denied access to internal records, including those tied to the funding of a practice facility. The lawsuit, filed on Aug. 21 in the Delaware Court of Chancery, comes from Kisco WC Sports

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Lisa Cook files suit against Trump, Powell and Fed Board of Governors

Donald Trump, Federal Reserve, HWmember, Legal, Mortgage, Mortgage Fraud, Politics, Trump administration /

Federal Reserve Governor Lisa Cook filed suit against President Trump in a federal court in Washington, D.C. on Thursday. The lawsuit follows Trump’s announcement on Monday that he was attempting to fire Cook over allegations she committed occupancy fraud by designating two different properties as her primary residence in 2021. Fed Chair Jerome Powell and

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Coldwell Banker Realty adds top agent Mary Bee

Agent, Brokerage, California, Coldwell Banker, HWmember, Luxury Real Estate, Real Estate, Real Estate Agents /

Top-producing real estate agent Mary Bee has affiliated with Coldwell Banker Realty’s office in Burlingame, Calif., the company announced. She was previously affiliated with RE/MAX Capital in San Mateo. In 2024, Bee closed 27 transactions totaling more than $74.2 million in sales volume — and has surpassed $1 billion over her 40-year career. Mary Bee

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Pending home sales show slight annual gain in July

Federal Reserve, Housing Market, HWmember, Mortgage Rates, National Association of Realtors, Pending Home Sales, Real Estate /

Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday.  Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, however, pending home sales were up 0.7%.  An

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Bill Pulte

Exclusive: Pulte slashes Federal Home Loan Bank board seats

GSEs, Liquidity, Politics and policy, Trump administration /

William Pulte, director of the Federal Housing Finance Agency.Bloomberg News WASHINGTON — The Federal Housing Finance Agency, led by Bill Pulte, took an unusual step by reducing the number of Federal Home Loan Bank board director seats at most of the 11 Federal Home Loan Banks, with the steepest reductions at institutions located in heavily-Democratic

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Digital Mortgage 2025 Returns to San Diego Sept. 16

Digital Mortgage Conference, Mortgage technology /

Enjoy complimentary access to top ideas and insights — selected by our editors. National Mortgage News will be celebrating a decade of DigMo, with the 10th annual Digital Mortgage Conference set for Sept. 16 through 17. The conference returns to San Diego, but for the first time it will be held at the Loews Coronado

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