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Mortgage critical defect rates improve, but issues remain

National Mortgage
Mortgage Finance
2 years ago

Mortgage production defect rates in the third quarter of 2023 showed continued improvement, even as origination volume was hard to,.. Read More;

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Mortgage rates unlikely to fall in near-term, Freddie says

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates were little changed this week, even though the benchmark 10-year Treasury rose to its highest level since November,,.. Read More;

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Ginnie Mae issues warning about higher prepayments

National Mortgage
Mortgage Finance
2 years ago

Ginnie Mae on Wednesday issued its first warning about rules around prepayments in some time, noting that it has observed,.. Read More;

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FHFA only jacks up risk in deeming IMBs "systemically significant"

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. First, let's extend a big "well done",.. Read More;

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On Q reveals cyber incident affecting more than 200K

National Mortgage
Mortgage Finance
2 years ago

Another cyber hack has hit a mortgage lender, with the latest exposing personal data of over 200,000 people.    On Q Financial,.. Read More;

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U.S. property taxes rose nearly 7% in 2023

National Mortgage
Mortgage Finance
2 years ago

Total single-family property taxes nearly doubled the rate at which they rose in 2023, increasing by 6.9% to $363.3 billion,,.. Read More;

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Barr: Liquidity pressure has eased; agencies eyeing unrealized losses, CRE

National Mortgage
Mortgage Finance
2 years ago

"The office commercial real estate sector is under stress more than other parts of the sector and there's heterogeneity around,.. Read More;

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Mortgage lenders with multiple streams had better 4Q results

National Mortgage
Mortgage Finance
2 years ago

Although fourth quarter mortgage originations were flat year-over-year, nonbank lenders that could provide products through multiple means were able to,.. Read More;

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Cenlar RESPA violation suit partially dismissed

National Mortgage
Mortgage Finance
2 years ago

A federal judge has partially granted Cenlar's motion to dismiss allegations of Real Estate Settlement Procedures Act violations in a,.. Read More;

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Ocwen to rebrand as Onity

National Mortgage
Mortgage Finance
2 years ago

Ocwen Financial Group plans to rebrand its parent company to Onity Group, and its operating units to Onity Mortgage later,.. Read More;

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UWM slams investigative report, racketeering lawsuit

National Mortgage
Mortgage Finance
2 years ago

United Wholesale Mortgage is defending itself from explosive allegations in a media investigation and class action suit that the lender,.. Read More;

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NEXA Mortgage CEO talks breakup with co-owner, plans for the future

National Mortgage
Mortgage Finance
2 years ago

"Does this look like a guy who wasn't involved in aviation?" asked NEXA Mortgage's CEO Mike Kortas Tuesday, sharing a,.. Read More;

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