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Tech firm’s $740M trade secret win tossed on appeal

A $740 million jury verdict against Amrock was thrown out by a Texas appeals court that said tech firm HouseCanary failed to prove the big…

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Number of borrowers in forbearance drops from last week: Black Knight

But there was an increase in private-label mortgages in forbearance.

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Mortgage employment dips, but there are signs of resilience

Nonbank mortgage hiring inched down when overall employment plunged in April. The subsequent recovery in overall jobs suggests the housing-finance industry is still bearing up…

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The borrower’s experience begins at the point of sale

But unless lenders make fundamental shifts in how they use this technology, change isn’t going to happen.

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Coronavirus lockdowns no match for Bay Area homebuyers

Eager buyers and reluctant sellers pushed Bay Area homes prices higher again in April, fueling quick sales and a robust market despite coronavirus restrictions.

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MBS RECAP: That Escalated Quickly, But MBS Recovered Fairly Nicely

Posted To: MBS Commentary That Escalated Quickly, But MBS Recovered Fairly Nicely After weeks and weeks (6, to be specific) of extraordinarily calm and narrow…

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CFPB Warns Servicers and Lenders to Adhere to CARES Act

Posted To: MND NewsWire A joint release from the Consumer Financial Protection Bureau (CFPB) and the Conference of State Bank Supervisors cautions mortgage servicers about…

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Are All-Time Low Rates Behind Us Now?

Posted To: Mortgage Rate Watch Things are quickly getting interesting for mortgage rates , and by ‘interesting,’ I mean potentially alarming. Everything’s relative though, so…

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Forbearance Numbers Appear to Shrink, but There’s a Catch

Posted To: MND NewsWire The number of mortgages in forbearance plans declined this past week for the first time since the CARES Act to address…

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AE Jobs; Broker, DPA, LOS, Products; FHA COVID Forbearance Guidance; Payrolls Push Rates Higher!

Posted To: Pipeline Press Change is certainly constant. “And just like that, every reporter has gone from infectious disease expert to civil rights attorney.” In…

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