Indian Land, South Carolina-based lender Movement Mortgage has agreed to pay $23.75 million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing ...

U.S. banks' loans to private credit providers have surged to nearly $300 billion, Moody's said in a report on Tuesday, and ...

The cost to originate a loan has continuously increased over the years, hitting a peak of over $10,000 despite the injection of multiple technologies into the mortgage origination process. Touchless ...

Underwriting occurs when individuals or organizations assume financial risk in exchange for payment. Financial risk is the risk that a company may not generate enough cash flow or revenue to fulfill ...

As banks continue to pare back financing activities, consumer lending is taking up more space in investors’ private credit allocations. With interest rates set to stay higher for longer, is now the ...

The blow-ups of Tricolor Holdings and First Brands Group have sparked debates about underwriting and due diligence practices, ...

U.S. loan funds are seeing sharp outflows this month as the bankruptcy of First Brands Group raises concerns over opaque ...

In July, CRED iQ’s research team focused upon the underwriting of the latest market transactions. We wanted to understand the key loan metrics across this transaction universe to get a real-time sense ...

Hindenburg Research has taken a short position against Axos Financial AX, a regional bank with a $3.1 billion market cap. The financial research firm, known for its investigative reports, released a ...

Regional bank stocks tumbled on Thursday after Zions Bancorp said it would write off fraudulent loans made to two borrowers, ...

Buying a home has so many moving parts that it can feel like it takes forever to finish. One part of that process includes mortgage underwriting. A mortgage underwriter is the person who approves — or ...