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Mortgage
Deutsche Bank waited too long to foreclose, New York court rules
Aug 1, 2026By August 2021, the bank was back, filing a new foreclosure on the same mortgage. This time the borrower answered, raising the statute of limitations, the clock that caps how...
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Mortgage
Top-producing loan officer pleads guilty to bank fraud
Jul 31, 2026Former top producer Christopher J. Gallo has pleaded guilty to a federal fraud charge for allegedly falsifying loan documents during the recent market heyday. Processing Content Gallo pleaded guilty to...
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Mortgage
AMI backs advice in FCA Mortgage Rule Review response – Mortgage Strategy
Jul 30, 2026The Association of Mortgage Intermediaries (AMI) has responded to the FCA’s Mortgage Rule Review consultation and cautioned that good advice is crucial to the proposals working well for consumers. The...
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Mortgage
Do Mortgage Rates Need a Hike to Move Lower?
Jul 29, 2026There’s an argument floating around that if the Fed hikes rates, long-term rates will move lower. That includes things like 30-year fixed mortgage rates, which recently hit fresh 52-week highs....
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Mortgage
Operational excellence in VA loans leads to executional excellence
Jul 28, 2026Anybody can say they have low prices and great service. You have to prove it at every touchpoint. Most originators claim to offer low price, fast closings, and responsive service. But to actually do it...
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Mortgage
Large drop in new defaults may signal reprieve for servicers
Jul 27, 2026A performance measure for Federal Housing Administration-insured loans improved markedly in the past month, according to the latest numbers from Intercontinental Exchange’s mortgage technology unit. Processing Content New FHA defaults...
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Mortgage
20 July to 24 July – Mortgage Strategy
Jul 26, 2026This week’s top headlines: Surge in switching following FCA rule change and Rayner returns to Housing Secretary role. Explore these and other major industry updates below: Surge in switching following...
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