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Home flipping investors see dwindling profits

National Mortgage
Mortgage Finance
2 years ago

Vectors trended downward for home flippers in 2023, with both return on investment and activity cooling off at a pace,.. Read More;

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CBO called out the Federal Home Loan banks. It's now up to Congress.

National Mortgage
Mortgage Finance
2 years ago

The Congressional Budget Office has settled the debate over the Federal Home Loan banks' public subsidy. There is one, and,.. Read More;

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CHLA protests employment verification costs

National Mortgage
Mortgage Finance
2 years ago

The Community Home Lenders of America sent a letter to housing officials challenging verification of employment report charges by Equifax,,.. Read More;

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Mortgage rates move higher on systemic volatility

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates finally reacted to the recent hotter-than-expected inflation reports this week, with the average for the 30-year loan rising,.. Read More;

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Credit-related rules lower homeowner premiums in some states

National Mortgage
Mortgage Finance
2 years ago

The rising cost of homeowners insurance has been a growing concern in the mortgage industry as it can affect consumers',.. Read More;

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Crypto.com Arena names Equity Prime Mortgage in lawsuit

National Mortgage
Mortgage Finance
2 years ago

The home arena of the Los Angeles Lakers and other sports teams is suing Equity Prime Mortgage, naming the lender,.. Read More;

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Sales of previously owned U.S. homes surge to highest in a year

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned U.S. homes surged in February to the fastest pace in a year as the number of,.. Read More;

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Powell: Fed will start slowing balance sheet runoff 'fairly soon'

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Chair Jerome Powell said at a Federal Open Market Committee press conference Wednesday that the central bank will,.. Read More;

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Academy Mortgage sold for $13.4 million is that too low?

National Mortgage
Mortgage Finance
2 years ago

Guild Mortgage acquired Academy Mortgage's branches and loan originators for $13.4 million in cash, the mortgage lender disclosed in a,.. Read More;

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ICE now offers single-click MI pricing in Encompass

National Mortgage
Mortgage Finance
2 years ago

ICE Mortgage Technology has rolled out a new interface with the six private mortgage insurers in its Encompass loan origination,.. Read More;

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Baltimore wants to sell hundreds of vacant homes for $1 each

National Mortgage
Mortgage Finance
2 years ago

Baltimore plans to sell boarded-up houses for $1 each in an attempt to revive neighborhoods that have been plagued by,.. Read More;

post

Supply takes center stage in Washington's housing push

National Mortgage
Mortgage Finance
2 years ago

Construction at the Willows at Valley Run, an affordable housing development in Coatesville, Pa. The Biden administration's budget proposal lays,.. Read More;

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