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Senator seeks to tap foreign visa program to ease housing costs

National Mortgage
Mortgage Finance
2 months ago

Arizona Senator Ruben Gallego wants to use an employment-based visa program to draw more foreign investment into the US housing,.. Read More;

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How Fannie, Freddie product mix could shift if they're uplisted

National Mortgage
Mortgage Finance
2 months ago

Even as the regulator for Fannie Mae and Freddie Mac floats new product ideas, the enterprises' overall footprint has stayed,.. Read More;

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Nations Direct agrees to settlement over 2023 data breach

National Mortgage
Mortgage Finance
2 months ago

Wholesale lender Nations Direct Mortgage will settle a class action suit resulting from a 2023 cyberattack that led to the,.. Read More;

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Bessent floats residency rule for regional Fed presidents

National Mortgage
Mortgage Finance
2 months ago

Key takeaway: Treasury Secretary Scott Bessent said in an appearance Wednesday that the Federal Reserve should require regional Fed presidents,.. Read More;

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Pennymac must face 'pay-to-pay' suit, judge rules

National Mortgage
Mortgage Finance
2 months ago

Pennymac may face prolonged "pay-to-pay" litigation after a judge rejected the company's move to toss a borrower's class action complaint.North,.. Read More;

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Payrolls at US companies fall by most since 2023, ADP says

National Mortgage
Mortgage Finance
2 months ago

US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening,.. Read More;

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Warren warns CFPB on its 'half-baked idea' for mortgage-rate data

National Mortgage
Mortgage Finance
2 months ago

Senate Democrats are warning the Trump administration not to cut an arcane but critical function of the Consumer Financial Protection,.. Read More;

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Mortgage rates slide to 6.32%, boosting purchase activity

National Mortgage
Mortgage Finance
2 months ago

US mortgage rates fell last week to a one-month low, spurring home-purchase activity.The contract rate on a 30-year mortgage dropped,.. Read More;

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Industry pushes new HMBS to fix aging reverse loans

National Mortgage
Mortgage Finance
2 months ago

A new type of reverse mortgage security needs to be created to accommodate Home Equity Conversion Mortgages that have reached,.. Read More;

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How GSE changes in LLPAs, MBS could shift rates

National Mortgage
Mortgage Finance
2 months ago

Bill Pulte, the director of the oversight agency setting policy for the government-sponsored enterprises, has pressed Federal Reserve Chair Jerome,.. Read More;

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MV Realty settles NTRAPS cases in Idaho, New Jersey

National Mortgage
Mortgage Finance
2 months ago

Embattled MV Realty has settled a lawsuit filed by Idaho Attorney General Raul Labrador involving an agreement it promoted known,.. Read More;

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In Congress, bank regulators defend Trump agenda

National Mortgage
Mortgage Finance
2 months ago

Key insight: Bank regulators plan to continue with tailoring exercises and other deregulation. Forward look: The regulators should be back in,.. Read More;

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