Ex-employee sues CrossCountry, branch manager for sexual harassment, retaliation

By: ameer@trustedteam.com

A representative for CrossCountry and Christina Nielsen’s attorney did not return a request for comments. Bocca and Nielsen did not respond to interview requests.  The lawsuit states that Nielsen filed...

Read More

SimpleNexus integrates with Empower, Black Knight’s LOS

By: ameer@trustedteam.com

SimpleNexus, a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from...

Read More

MBA defends servicers on heels of HUD OIG loss mitigation report

By: ameer@trustedteam.com

The Mortgage Bankers Association (MBA) is highlighting the challenges and successes that the COVID-19 pandemic created for mortgage servicers in response to a series of reports published this week...

Read More

CFPB commits to streamlining servicing rules

By: ameer@trustedteam.com

Some of the consumer protection regulations that govern how mortgage companies offer borrowers home-retention options will be simplified in line with responses to a proposal issued last September."The CFPB...

Read More

Rhode Island law makes mediation upon request a permanent mandate

By: ameer@trustedteam.com

Left to right: Leonela Felix, Dawn Euer Rhode Island enacted a new law this week to make permanent a requirement that servicers provide sufficient mediation and loss mitigation...

Read More

Nearly 30% of households need to reassess retirement income needs

By: ameer@trustedteam.com

Most U.S. households understand where they stand in terms of retirement readiness and preparation, but just under half are either too worried or not worried enough about shoring up...

Read More

Commentary: Why it could make sense for your reverse mortgage borrower to bring cash to close

By: ameer@trustedteam.com

In February of 2022, the 10-year treasury rate was at 1.74%.  Now, just 15 months later, it sits at 3.54%. For a 65-year-old borrower, this results in a principal...

Read More

Despite obstacles, homeownership rate climbs for below-median income households

By: ameer@trustedteam.com

Below-median family income households are overcoming constraints related to increased borrowing costs and home prices and are finding ways to become homeowners, according to Freddie Mac’s latest economic, housing...

Read More

Aldermore appoints Nicola Goldie as head of strategic partnerships and growth  

By: ameer@trustedteam.com

Aldermore says that Nicola Goldie has joined the bank’s property division as head of strategic partnerships and growth.   ...

Read More

Paragon Bank, Vida offer limited edition 2-year BTL deals  

By: ameer@trustedteam.com

Paragon Bank has launched a limited edition discounted standard variable rate product for landlords, while Vida has cut the rate of its two-year buy-to-let limited edition offer.   Paragon says...

Read More