Gold Star Mortgage Financial Group is facing a proposed class action in federal court over an alleged cybersecurity incident, adding the Michigan lender to a growing list of mortgage companies confronting litigation over the protection of borrower and consumer data....
Fannie Mae has opened fixed-price cash tender offers for eight classes of Connecticut Avenue Securities notes, continuing its active management of credit-risk-transfer securities tied to the company’s single-family mortgage book.The government-sponsored enterprise...
Title Resources Group has created a chief technology officer position and hired longtime mortgage and fintech executive Brian Ruzycki to fill it.The Irving, Texas-based title insurance underwriter announced the appointment Monday. Ruzycki will oversee TRG’s technology...
Artificial intelligence is already inside most mortgage companies surveyed in a new industry study. Scaling it across the business is another matter.A survey conducted by Boston Consulting Group for the American Association of Residential Mortgage Regulators and the...
The U.S. Department of Housing and Urban Development is raising the upfront guarantee fee on its Section 184 Indian Housing Loan Guarantee Program from 1.00% to 1.50%, a change that takes effect Oct. 1 and applies to new Firm Commitments, including refinances. The...