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Empower enhances assumable mortgage processing capabilities

National Mortgage
Mortgage Finance
2 years ago

With interest among homebuyers in assumable mortgages on the rise along with interest rates, Dark Matter Technologies has enhanced the,.. Read More;

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Pending home sales gauge slumps to a four-year low on rates

National Mortgage
Mortgage Finance
2 years ago

A gauge of pending U.S. existing-home sales tumbled to a four-year low in April as higher mortgage rates cast a,.. Read More;

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Mortgage rates back over 7% on inflation comments

National Mortgage
Mortgage Finance
2 years ago

Average mortgage rates as tracked by Freddie Mac rose back above 7% following what some termed weak investor response at,.. Read More;

post

New mortgage loan payment average surges

National Mortgage
Mortgage Finance
2 years ago

Home buyer affordability worsened in April, in a month when consumers encountered the combined effects of surging interest rates and,.. Read More;

post

VA extends its voluntary foreclosure ban with some caveats

National Mortgage
Mortgage Finance
2 years ago

Servicers should hold off a little longer on foreclosures in certain cases, the Department of Veterans Affairs said in a,.. Read More;

post

Supreme Court punts dual banking case back to Second Circuit

National Mortgage
Mortgage Finance
2 years ago

The Supreme Court Thursday sent a case on whether federal regulators can preempt state escrow interest rate laws back to,.. Read More;

post

Is Walmart ready to take on banks after its divorce from Capital One?

National Mortgage
Mortgage Finance
2 years ago

Walmart's partnership with Capital One ended after the retail giant filed a lawsuit alleging that the McLean, Virginia-based bank failed,.. Read More;

post

Zombie property apocalypse fails to materialize

National Mortgage
Mortgage Finance
2 years ago

The feared spike in foreclosures and zombie properties after the pandemic-era moratorium and payment forbearance ended has not materialized, a,.. Read More;

post

Trade secrets, poaching case heads to trial

National Mortgage
Mortgage Finance
2 years ago

Two mortgage lenders are headed to trial in a poaching and theft of trade secrets case that could end with,.. Read More;

post

FHA addresses pain point for servicers after court ruling

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Administration has clarified a reimbursement policy in mortgage servicing related to a common interpretation of a recent,.. Read More;

post

Kind Lending taps Tammy Richards as COO

National Mortgage
Mortgage Finance
2 years ago

Kind Lending has brought mortgage veteran Tammy Richards onboard to serve as its chief operating officer.Richards, who has over 35,.. Read More;

post

Banks' net income surges in Q1 despite CRE concerns

National Mortgage
Mortgage Finance
2 years ago

"Net income rebounded, asset quality metrics remained generally favorable and the industry's liquidity was stable," FDIC Chair Gruenberg said. "However,,.. Read More;

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