“I definitely see a lot of automation happening more recently,” he said. “I think we’re going to get to a point where servicers are taking efficiency to another level in the next couple months. It’s not just a cost-saving piece, but it’s also how can we be better as servicers and how can we serve […]
A mortgage vendor is suing one of its former executives for starting a competing company while employed and soliciting some of its bigger-name customers. Processing Content New Jersey-based Flatworld Mortgage Solutions sued Rajeev Kumar last week in a federal court, accusing its former executive vice president of breaching various employment agreements. Kumar, who claims he […]
Consumer inflation concerns climb in June, NY Fed survey shows – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, […]
The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.45%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.77%. September E-mini S&P futures (ESU26) fell -0.52%, and September E-mini Nasdaq futures (NQU26) fell -1.76%. Stock indexes settled lower on Tuesday, with the Nasdaq 100 falling to a […]
Nationwide has appointed Kim Dickinson as its lead product manager for intermediaries. Dickinson brings a wealth of experience in the mortgage market and working with intermediaries. Prior to joining, she worked at Virgin Money and Clydesdale managing relationships with hundreds of brokers. In her new role, Dickinson will lead Nationwide’s intermediary proposition, ensuring it continues […]
by Calculated Risk on 1/08/2026 10:52:00 AM From Manheim Consulting today: Manheim Used Vehicle Value Index: December 2025 Trends The Manheim Used Vehicle Value Index (MUVVI) rose to 205.5, reflecting a 0.4% increase for wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) compared to December 2024. The December index is up 0.1% month over […]
The Reserve Bank of India (RBI) on Tuesday said it will conduct an overnight variable rate repo (VRR) auction for a notified amount of Rs 25,000 crore on July 8. The auction will take place between 9:30 am and 10:00 am on Wednesday, and the funds will be reversed on July 9, according to the […]
HSBC said Tuesday that it has launched a strategic review of its retail banking and domestically focused corporate banking operations in Türkiye, as the bank moves to sharpen its focus on clients with international and cross-border banking needs in the country. The review will consider all options for the retail banking business of HSBC Bank […]
Gen Z’s share of purchase rate locks hits record high in ‘generational handoff’ – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with […]
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 17, 2026 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT The Federal Open Market Committee approved the following statement for release by a 12 […]