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Mortgages for new homes see sharp June pullback

National Mortgage
Mortgage Finance
2 years ago

After months of heightened interest, mortgages for new single-family homes pulled back sharply in June, as lending activity significantly cooled.Applications,.. Read More;

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What will happen to credit risk transfers after November?

National Mortgage
Mortgage Finance
2 years ago

Fannie Mae on Thursday priced a $659 million credit-risk transfer through a real estate mortgage investment conduit structure, marking the,.. Read More;

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ICE's Encompass down following CrowdStrike incident

National Mortgage
Mortgage Finance
2 years ago

ICE Mortgage Technology says its Encompass loan origination system is down following a global technology outage.The industry tech provider did,.. Read More;

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What post-Chevron financial regulation will look like

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. Last month the U.S. Supreme Court gave,.. Read More;

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Flurry of servicing proposals spurs call for more time on Reg X changes

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau's proposed modernization of servicing rules is welcome, but a coalition of housing finance groups, grappling,.. Read More;

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Texas Capital misses on earnings, executives cite weak loan demand

National Mortgage
Mortgage Finance
2 years ago

Texas Capital made negative revisions Thursday to its guidance both for full-year revenue and full-year noninterest expenses.Adobe Stock ,.. Read More;

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Home renovation spending expected to decline

National Mortgage
Mortgage Finance
2 years ago

Homeowners are expected to continue spending less on remodeling activities through the next 12 months, but by the second quarter,.. Read More;

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Regulators finalize guidelines for challenging property appraisals

National Mortgage
Mortgage Finance
2 years ago

A group of federal regulators issued a joint guidance on when and how lenders can challenge real estate valuations, a,.. Read More;

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House weighs bank AI legislation in bipartisan report

National Mortgage
Mortgage Finance
2 years ago

Representative Patrick McHenry, a Republican of North Carolina and chairman of the House Financial Services Committee, and Representative Maxine Waters,,.. Read More;

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Falling mortgage rates not spurring housing activity yet

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates fell to their lowest level since March, reflecting the continued optimism that the pace of inflation is getting,.. Read More;

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Sagent appoints former Mr. Cooper exec Jaime Gow as CFO

National Mortgage
Mortgage Finance
2 years ago

Servicing technology provider Sagent welcomed a new C-suite executive, who comes to the company from a mortgage heavyweight and investor,.. Read More;

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Spread income growth and cost control drive Key's profit higher

National Mortgage
Mortgage Finance
2 years ago

KeyCorp reported a 30% linked-quarter profit increase paced by tight control over expenses and a strong contribution from fee-producing business,.. Read More;

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