Plaintiffs alleging the lender manipulated home valuations ten years prior argued the interpretation of the rule cited in determining the case's standing was a stretch. https://www.nationalmortgagenews.com/news/members-in-decertified-rocket-mortgage-suit-challenge-ruling
NextGenMortgage
What homeowners impacted by the LA fires should do
Impacted borrowers should anticipate some breaks from insurance coverage and home loan payments, but timelines and relief funds could vary significantly. https://www.nationalmortgagenews.com/list/servicers-advise-homeowners-on-next-steps-after-la-fires
Rocket soars with Q4 earnings, CFPB win, and rebrand boost
Company executives touted the immediate returns from its rebranding and Super Bowl advertising campaign, with February activity exceeding expectations. https://www.nationalmortgagenews.com/news/rocket-soars-with-q4-earnings-cfpb-win-and-rebrand-boost
Closing-cost shopping: when to do it and why it’s limited
it's important to look at the process involved in shopping for closing costs, the limits to lowering them and whether do so is always advisable https://www.nationalmortgagenews.com/news/closing-cost-shopping-when-to-do-it-and-why-its-limited
Trump picks Russ Vought as acting CFPB director, WSJ reports
Newly-confirmed Office of Management and Budget Director Russell Vought, a key architect of Project 2025, has been charged with overseeing an agency Republicans have vowed to eliminate, according to a Wall Street Journal report....