Maria Volkova
NationalMortgageNews
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Past articles by Maria:
CFPB shutters Majestic Home Loan for misleading VA marketing practices
The California-based lender will also have to pay a $1 million penalty → Read More
Latest USAA employee reduction impacts mortgage unit
The Texas-based company is adapting to "members' needs and changes in the marketplace," which resulted in a scale down in some divisions, a spokesman said. → Read More
LoanDepot invests in Black Knight loan origination system
The migration to Empower LOS from the public company's own independent system should be completed by 2024. → Read More
HUD proposes remedy to reduce appraisal bias
The department wants to make changes to its reconsideration of value process by giving Federal Housing Administration borrowers the opportunity to seek a second appraisal → Read More
AmeriFirst Financial stopped funding loans in December
The Arizona-based lender has been in business for 35 years and has branches in over 20 states → Read More
Home prices hit lowest rate of appreciation in 2 years
Prices were up by less than 9% year-over-year, according to CoreLogic's report. → Read More
Homes remain on the market twice as long as they had 6 months ago
House hunting activity also slowed in December, with home tours declining 69% from the start of the year, a Redfin report found. → Read More
Rocket rolls out special-purpose credit program
Eligible borrowers in Atlanta, Baltimore, Chicago, Detroit, Memphis and Philadelphia can apply. → Read More
Senate passes legislation to modernize VA appraisals
The bill will require the agency to codify the use of desktop appraisals. → Read More
Nearly a third of Athas employees move to Hometown Equity Mortgage
The California-based non-QM lender plans to continue onboarding "as many more Athas employees as possibly can," the company's president said. → Read More
Mr. Cooper lays off 800 employees
The most recent cuts bring the company's total headcount reduction to over 1,000 employees this year. → Read More
Fannie, Freddie serious delinquency rate continued to dip in 2Q
The Federal Housing Finance Agency's quarterly report said that the government sponsored enterprises prevented a total of 96,952 foreclosures → Read More