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Citibank fined nearly $18 million for flood insurance violations

National Mortgage
Mortgage Finance
6 years ago

Citibank is on the hook for just under $18 million in flood insurance violations, according to the Office of the,.. Read More;

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Shrinking inventory of homes for sale likely to continue: Zillow

National Mortgage
Mortgage Finance
6 years ago

The inventory of homes for sale is at a seven-year low and that is likely to continue to shrink in,.. Read More;

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U.S. builders muscle into booming U.K. rental-housing market

National Mortgage
Mortgage Finance
6 years ago

U.S. developers are moving into the U.K.'s rapidly expanding market for rental housing, including student dorms and senior-living facilities.CA Ventures,.. Read More;

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Home sales in Greater Hartford made little gains in 2019

National Mortgage
Mortgage Finance
6 years ago

Sales of single-family houses in the Greater Hartford area recorded a lackluster 2019, barely gaining any ground over the previous,.. Read More;

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Albuquerque housing market plays to sellers' advantage

National Mortgage
Mortgage Finance
6 years ago

Home sellers in Albuquerque experienced some fortune in 2019 with increased home prices and increased sales across multiple categories, according,.. Read More;

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IBM proposes artificial intelligence rules to ease bias concerns

National Mortgage
Mortgage Finance
6 years ago

IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data,.. Read More;

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San Diego foreclosures near 14-year low

National Mortgage
Mortgage Finance
6 years ago

Foreclosures in San Diego County have hit record lows, following a national trend of better fortunes for homeowners coming out,.. Read More;

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CFPB to extend 'qualified mortgage' exemption for GSEs, report says

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — Consumer Financial Protection Bureau Director Kathy Kraninger has told Congress that she plans to extend the “qualified mortgage”,.. Read More;

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FHFA revives the idea of tighter underwriting to address PACE risks

National Mortgage
Mortgage Finance
6 years ago

The Federal Housing Finance Agency is considering bringing back the idea of imposing stricter criteria on loan purchases in areas,.. Read More;

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Why this regional bank is dumping N.Y. multifamily loans

National Mortgage
Mortgage Finance
6 years ago

People's United Financial in Bridgeport, Conn., has made progress repositioning its loan portfolio.The $51 billion-asset company has spent recent quarters,.. Read More;

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Dearth of for-sale inventory causes home price jump in December

National Mortgage
Mortgage Finance
6 years ago

The rate of home sales reached a 33-month peak in December, swinging the pendulum of supply and demand, and pushing,.. Read More;

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Loan officer average compensation flat even with increased volume

National Mortgage
Mortgage Finance
6 years ago

Mortgage loan officer compensation remained level year-over-year as an unexpected surge in originations surprised employers expecting it to be a,.. Read More;

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