https://www.nationalmortgagenews.com/news/homebuyers-looking-to-relocate-hit-record-share-redfin
NextGenMortgage
CFPB fines Freedom Mortgage $1.75M for RESPA violations
The watchdog accuses the mortgage shop of providing illegal incentives to real estate brokers and agents, such as cash payments, paid subscription services, and catered parties, in return for purchase business....
More listings in Q2 added sales opportunities for LOs
But the 25 percentage point quarter-to-quarter gain does not change the fact that existing homes for sale remain scarce, the TrustEngine report found. https://www.nationalmortgagenews.com/news/more-listings-in-q2-added-sales-opportunities-for-los
Embattled PacWest to sell to Banc of California for $1B
Post-merger Banc of California will target "in-market relationship banking" by focusing on treasury management services and loan growth to boost "low-cost" commercial deposits, CEO Jared Wolff said. https://www.nationalmortgagenews.com/news/embattled-pacwest-to-sell-to-banc-of-california
UBS to pay $1.44B to settle DOJ mortgage-bond case
The matter stems from 2006 and 2007 and related to the issuance, underwriting and sale of the securities, UBS said in a statement Monday. https://www.nationalmortgagenews.com/articles/ubs-to-pay-1-44b-to-settle-doj-mortgage-bond-case

