Cardinal Financial launches nondelegated correspondent program
Cardinal Financial‘s third-party origination division announced Wednesday the launch of its nondelegated correspondent program that targets independent mortgage lenders. The program allows approved nondelegated correspondents to originate loans in their own name while using Cardinal Financial’s loan
Long & Foster taps Lacey Conway as new president
Lacey Conway is leaving Compass to serve as the president of Long & Foster Real Estate. HomeServices of America, as announced by the parent company of Long & Foster’s on Wednesday. In this role Conway will work closely with Patrick Bain, the CEO and president of The Long & Foster Companies, and she
Rocket Companies hit with class-action lawsuit alleging steering, home-price inflation
Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage‘s terms are disadvantageous to the clients.” The suit was filed in the U.S. District Court
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