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Finance of America reduces loss, reassures on NYSE status

National Mortgage
Mortgage Finance
2 years ago

Finance of America, which has been the largest reverse mortgage lender since its acquisition of American Advisors Group assets in,.. Read More;

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Mortgage lending sees greatest activity since January

National Mortgage
Mortgage Finance
2 years ago

The lowest interest rates in over a year led to a refinance boom last week, as volumes surged within both,.. Read More;

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Homeowners buying more insurance as disaster zones expand

National Mortgage
Mortgage Finance
2 years ago

Homeowners are pursuing expanded property insurance after watching natural disasters strike beyond their usual boundaries, experts say. Earthquake, fire and flood,.. Read More;

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Loandepot's pending data breach settlement weighs on Q2 loss

National Mortgage
Mortgage Finance
2 years ago

Loandepot has earmarked a hefty sum to end a consumer data breach complaint, an expense that dampened its second-quarter earnings.The,.. Read More;

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UWM beats originations but misses on analysts' earnings estimate in 2Q

National Mortgage
Mortgage Finance
2 years ago

In its second quarter earnings, UWM Holdings beat analyst estimates on originations and gain on sales margin, but GAAP and,.. Read More;

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Past default drivers point to need for innovation: study

National Mortgage
Mortgage Finance
2 years ago

Servicers should anticipate a full range of borrower intervention scenarios just in case the market turns and today's low level,.. Read More;

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More Americans are tapping home equity credit lines, NY Fed says

National Mortgage
Mortgage Finance
2 years ago

Americans who want to tap the rising equity of their homes without giving up their low mortgage rates are turning,.. Read More;

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Federal Home Loan Banks face amped-up pressure from Biden administration, senators

National Mortgage
Mortgage Finance
2 years ago

President Joe Biden's administration and Senate Democrats are ramping up pressure on the Federal Home Loan Bank system to pump,.. Read More;

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Mortgage bonds lag Treasuries as uncertainty about rates surges

National Mortgage
Mortgage Finance
2 years ago

Growing uncertainty about the direction of interest rates spurred agency mortgage bonds to perform worse than Treasuries on Monday as,.. Read More;

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UBS seeks $200 million from BofA to cover old legal fees

National Mortgage
Mortgage Finance
2 years ago

UBS wants Countrywide Home Loans, a nonbank lender acquired by Bank of America in 2008, to pay it at least,.. Read More;

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Renter households growing far faster than homeowners

National Mortgage
Mortgage Finance
2 years ago

America's renter population is growing three times faster than its homeowner population amid affordability struggles, partially thanks to the multifamily,.. Read More;

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Zillow, MLS lawsuit dismissed with prejudice after settlement

National Mortgage
Mortgage Finance
2 years ago

A federal district court on Friday finalized the settlement and voluntary dismissal with prejudice of a lawsuit over an online,.. Read More;

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