The CFPB takes aim at another mortgage insurer for paying alleged kickbacks to lenders in exchange for business referrals. The firm in question — Republic Mortgage Insurance Corp. — has faced a rough few years since falling under its regulator's supervision.
Old Republic International Corp. announced an ambitious recapitalization plan for its mortgage guaranty business, as the MI unit positions itself to re-enter the mortgage insurance market after years in flux.
Old Republic International [stock ORI][/stock] plans to combine its struggling mortgage guaranty and consumer credit insurance divisions under one entity, the company said.The Chicago-based insurance group...
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More