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Former Rocket Mortgage exec partners with UWM, launching brokerage

National Mortgage
Mortgage Finance
2 years ago

A veteran Rocket Mortgage executive announced the launch of his own Michigan-based brokerage, dubbed Zoom Home Lending, Thursday.In this new,.. Read More;

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Senate Banking Committee sets date for FDIC nomination hearing

National Mortgage
Mortgage Finance
2 years ago

Senator Jon Tester, D-Mont., talks to Senate Banking Committee chair Sherrod Brown, D-Ohio, in 2022. The Senate Banking Committee has,.. Read More;

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Existing-home sales fall a third month as prices set a record

National Mortgage
Mortgage Finance
2 years ago

Sales of existing homes in the U.S. fell for a third straight month in May while prices set another record,,.. Read More;

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Fed's Barkin says need clarity on inflation before cutting

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Bank of Richmond President Thomas Barkin said he needs further clarity on the path of inflation before lowering,.. Read More;

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DOJ to court: Ignore NAR's protests over probe ruling

National Mortgage
Mortgage Finance
2 years ago

The Department of Justice wants the National Association of Realtors' legal protests to end.The sides are sparring over a federal,.. Read More;

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Loan defect rate tumbles to near-record lows, report claims

National Mortgage
Mortgage Finance
2 years ago

Mortgage production defect rates fell into a range near record dataset lows in the last quarter of 2023, an Aces,.. Read More;

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FHFA seeks input on Home Loan banks' affordable housing program

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency is seeking comment from the public on ways that the Federal Home Loan banks' affordable,.. Read More;

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New US home construction plunges to slowest pace since June 2020

National Mortgage
Mortgage Finance
2 years ago

New-home construction in the US slumped in May to the slowest pace in four years, as higher-for-longer interest rates sap,.. Read More;

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Fannie Mae, Freddie LTV gap in nonperforming loans shrinks

National Mortgage
Mortgage Finance
2 years ago

A disparity in the average equity levels of each of two government-sponsored enterprises' nonperforming loan sales decreased last year, according,.. Read More;

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Title insurer premium volume flat in 1Q

National Mortgage
Mortgage Finance
2 years ago

Title insurance premium volume was flat on a year-over-year basis, even as mortgage origination volume — both on dollar and,.. Read More;

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Mortgage rates fall to lowest point in over a month

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates sank to their lowest level in over a month as the latest economic data is reinvigorating investors' belief,.. Read More;

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How AI is disrupting the mortgage workforce

National Mortgage
Mortgage Finance
2 years ago

The mortgage workforce possesses the skills and know-how to move the industry ahead, but some pockets of concern surround whether,.. Read More;

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