Category: Top National News

Bloomberg, May 9, 2023–Max Abelson, Sridhar NatarajanGoldman Sachs Group Inc. has agreed to pay $215 million to put an end to a long-running class-action lawsuit that accused the Wall Street …

National Mortgage News, May 8, 2023–Bonnie Sinnock (subscription)A federal court judge found that private plaintiffs suing Wells Fargo for issues related to the receipt of automatic forbearance without consent could …

New York Times, May 8, 2023–Jenna SmialekFederal Reserve financial stability experts are on the lookout for weaknesses after a year of rising interest rates — and as they survey the …

WRE News.com, May 8, 2023–Phil HallThe global real estate software market size is estimated to grow by $5.22 billion from 2021 to 2026, a compound annual growth rate of 9%, …

Mortgage Professional America, May 8, 2023–Candyd MendozaBlend revealed last week that it received a notice from the New York Stock Exchange warning the mortgage lender that its stock is at …

HousingWire, May 8, 2023–Brooklee HanThe rapid housing market cool down and the rapid pace at which the Federal Reserve hiked interest rates took their toll on the title insurance industry …

National Mortgage News, May 8, 2023–Maria Volkova (subscription)Brian O’Shaughnessey’s new lending outfit, dubbed Imperial Bancorp, LLC, will be up and running in a few months, depending on how quickly the …

National Mortgage Professional, May 8, 2023–David KrechevskyThe holding company said the bank, which does business as Republic Bank, said in a filing with the Securities and Exchange Commission that the …

Money, May 8, 2023–Sarah HansenDespite high mortgage rates and the affordability challenges facing many homebuyers, houses are selling at a rapid pace.https://money.com/homes-selling-fast-high-mortgage-rates/

Inside Mortgage Finance, May 8, 2023–John BancroftFannie Mae, Freddie Mac and Ginnie Mae issued a combined $80.09 billion of single-family MBS in April. That was up 16.1% from March, notching …