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MVB Financial, Intercoastal to form mortgage joint venture

National Mortgage
Mortgage Finance
6 years ago

MVB Financial in Fairmont, W.Va., and Intercoastal Mortgage in Fairfax, Va., are creating a joint venture.The $2 billion-asset MVB said,.. Read More;

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Why is Pittsburgh such a big market for house flippers?

National Mortgage
Mortgage Finance
6 years ago

Pittsburgh rose from the ash heap of the Great Recession and then became one of the hottest cities in the,.. Read More;

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Fed makes emergency rate cut amid heightened coronavirus fears

National Mortgage
Mortgage Finance
6 years ago

The Federal Reserve has voted unanimously to cut the interest rate 50 basis points to 1.10% effective March 4, in,.. Read More;

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Fed cuts rates 50bps to offset coronavirus risks

National Mortgage
Mortgage Finance
6 years ago

The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and,.. Read More;

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Progress assigns rollover properties to new $513M single-family rental ABS

National Mortgage
Mortgage Finance
6 years ago

Progress Residential is launching its first single-family rental securitization of 2020, featuring collateral that had been assigned to prior asset-backed,.. Read More;

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Mortgage retention rates retreat further as cash-out refis surge

National Mortgage
Mortgage Finance
6 years ago

Servicers' struggle to retain borrowers mounted in the fourth quarter of 2019 as the volume of cash-out refinances rose to,.. Read More;

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FNF adds digital title opening service seeking to prevent wire fraud

National Mortgage
Mortgage Finance
6 years ago

Fidelity National Financial, the nation's largest title insurance underwriter, added a new digital title insurance opening package to its WireSafe,.. Read More;

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No relief for spring buyers in heated Twin Cities housing market

National Mortgage
Mortgage Finance
6 years ago

The Twin Cities have become one of the most competitive housing markets in the country, and there's no relief in,.. Read More;

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Housing shortage no longer limited to the coasts

National Mortgage
Mortgage Finance
6 years ago

After years of scaled back construction, housing scarcities appeared in coastal markets with high demand and strong economies. Once consumers,.. Read More;

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Will CFPB be reined in? Chief Justice Roberts may hold the key.

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — When lawyers come before the Supreme Court Tuesday to argue a pivotal case about the Consumer Financial Protection,.. Read More;

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Mortgage industry prepares to weather the coronavirus

National Mortgage
Mortgage Finance
6 years ago

While interest rates that have moved lower because of the coronavirus have boosted loan volumes to date, there are fears,.. Read More;

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Fed cut expected in March; Will it be 25bp or 50bp?

National Mortgage
Mortgage Finance
6 years ago

Although the Federal Open Market Committee will meet March 17 to 18, speculation about a coordinated cut by central banks,.. Read More;

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