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FTC sending more funds to mortgage modification fraud victims

National Mortgage
Mortgage Finance
1 year ago

The Federal Trade Commission is sending refunds to hundreds of borrowers targeted by a law firm's scam, as it and,.. Read More;

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FHFA may lower some Fannie Mae, Freddie Mac housing goals

National Mortgage
Mortgage Finance
1 year ago

The Federal Housing Finance Agency is proposing to downsize a couple of Fannie Mae and Freddie Mac's single-family affordable-housing goal,.. Read More;

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For community banks, rate cuts present positives and perils

National Mortgage
Mortgage Finance
1 year ago

Federal Reserve interest rate cuts could create tailwinds and challenges for community banks.Graeme Sloan/Bloomberg Beyond the much-anticipated relief,.. Read More;

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Rocket Mortgage rolls out lender-paid buydown product

National Mortgage
Mortgage Finance
1 year ago

Rocket Mortgage is offering a lender-funded 2/1 temporary buydown home loan geared toward first-time homebuyers. The lower rates in a loan's,.. Read More;

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Homelight expands equity product with $20M funding round

National Mortgage
Mortgage Finance
1 year ago

Homelight is greatly expanding the reach of its Buy Before You Sell offering following a $20 million capital funding round. The,.. Read More;

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Powell's pivot leaves traders debating size, path of rate cuts

National Mortgage
Mortgage Finance
1 year ago

Now that Federal Reserve Chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond,.. Read More;

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20 large metros where home construction is growing the fastest

National Mortgage
Mortgage Finance
1 year ago

Enjoy complimentary access to top ideas and insights — selected by our editors. High mortgage rates in recent years have,.. Read More;

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Telling AI not to be biased surprisingly works: a study

National Mortgage
Mortgage Finance
1 year ago

Ridding large language models of racial bias may be as straightforward as telling them to be unbiased.Simply instructing commercially available,.. Read More;

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Industry unifies to help finalize HMBS buyout relief

National Mortgage
Mortgage Finance
1 year ago

Reverse mortgage and broader industry groups are eager to see Ginnie Mae finalize a new option for certain loans issuers,.. Read More;

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Scotiabank's cautious U.S. expansion: A departure from Canadian peers

National Mortgage
Mortgage Finance
1 year ago

Galit Rodan/Bloomberg At an investor day last December, the Bank of Nova Scotia unveiled a fresh business plan.With,.. Read More;

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New-home sales surge to highest level since May 2023

National Mortgage
Mortgage Finance
1 year ago

New-home sales in the U.S. bounced back to the highest level since May 2023 as buyers took advantage of lower,.. Read More;

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Harris has big ambitions but few details for housing supply

National Mortgage
Mortgage Finance
1 year ago

Vice President Kamala Harris has made housing a pillar of her campaign for president.Logan Cyrus/Bloomberg Vice President Kamala,.. Read More;

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