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Cleveland Fed taps former Goldman Sachs exec as next president

National Mortgage
Mortgage Finance
2 years ago

Beth Hammack, a longtime executive at Goldman Sachs, was named the incoming President of the Federal Reserve Bank of Cleveland,.. Read More;

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Mortgage activity falls back to early-March levels

National Mortgage
Mortgage Finance
2 years ago

New loan application activity decreased for the first time in four weeks, dropping to its lowest mark in over two,.. Read More;

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Fears about Freddie second lien program overblown, analyst says

National Mortgage
Mortgage Finance
2 years ago

Contrary to the fears of opponents, the Freddie Mac second lien purchase proposal will not lead to the extraction of,.. Read More;

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Most borrowers do not shop around for mortgage offers, survey finds

National Mortgage
Mortgage Finance
2 years ago

The majority of homebuyers stick with the very first mortgage product offered, opting to not shop around with other lenders,,.. Read More;

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Fed's Bowman: Balance sheet reduction effort slowing too soon

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Gov. Michelle Bowman said in a speech Tuesday that the central bank erred in slowing down the pace,.. Read More;

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Severe mortgage delinquencies hit 18-year low

National Mortgage
Mortgage Finance
2 years ago

Delinquencies are trending down again, with the number of home loans past due by 90 days or more hitting its,.. Read More;

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How surging escrow balances are changing servicing

National Mortgage
Mortgage Finance
2 years ago

A lot of low-coupon mortgage servicing in the current market has almost no prepayment risk, but it does have exposure,.. Read More;

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Home-price growth in key cities accelerates, squeezing buyers

National Mortgage
Mortgage Finance
2 years ago

Home-price growth in 20 major U.S. cities picked up pace in March, pressuring buyers as the key selling season kicks,.. Read More;

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'House hacking' and other Gen Z trends in homeownership

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. High interest rates and low inventory have,.. Read More;

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AI deepfakes and mortgages: how big is the risk?

National Mortgage
Mortgage Finance
2 years ago

With artificial intelligence able to create convincing clones of everyone from Warren Buffett to one's own family members, the mortgage,.. Read More;

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Two new compliance firms on helping to save mortgage lenders money

National Mortgage
Mortgage Finance
2 years ago

There are twin benefits for lenders who prioritize compliance: If managed properly, it can help avoid both buybacks and regulatory,.. Read More;

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Will lenders get a pass on Ginnie Mae prepays?

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. Coming out of the Mortgage Bankers Association,.. Read More;

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