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Bond traders surrender to higher-for-longer reality from the Fed

National Mortgage
Mortgage Finance
2 years ago

Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering,.. Read More;

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Nations Direct Mortgage says breach hit 83,000 customers

National Mortgage
Mortgage Finance
2 years ago

A cyberattack in December compromised the sensitive data of 83,108 customers of Nations Direct Mortgage, the lender disclosed March 14.The,.. Read More;

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A 39% gain in Dallas home listings signals inventory thaw in parts of U.S.

National Mortgage
Mortgage Finance
2 years ago

Additional inventory is coming to the U.S. housing market, especially in the South, and an increasing number of sellers are,.. Read More;

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MCS buys Five Brothers, adds reverse mortgage services

National Mortgage
Mortgage Finance
2 years ago

Field services company MCS LLC has acquired Five Brothers Asset Management Solutions, adding to its operations reverse mortgage capabilities that,.. Read More;

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Freddie Mac names Michael Hutchins interim CEO

National Mortgage
Mortgage Finance
2 years ago

Government-sponsored enterprise Freddie Mac announced Friday the appointment of President Michael Hutchins to interim CEO.Hutchins will serve as both president,.. Read More;

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In Q4, lenders lost the most money per-loan ever recorded by MBA

National Mortgage
Mortgage Finance
2 years ago

The bad times got worse in the fourth quarter as lenders reported the most money lost per loan originated since,.. Read More;

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NAR changes commissions rules with $418M settlement

National Mortgage
Mortgage Finance
2 years ago

The National Association of Realtors will change some of its commissions rules after agreeing Friday to pay $418 million to,.. Read More;

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Home inventory rises as buying season starts

National Mortgage
Mortgage Finance
2 years ago

The increase in the number of homes for sale during February is good news going into the spring home purchase,.. Read More;

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Want to see what's coming next in AI regulation? Look at Europe

National Mortgage
Mortgage Finance
2 years ago

If what's past is prologue, then the U.S. mortgage industry should be looking to the European Union to see what,.. Read More;

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Home builder supply costs head higher for fourth straight month

National Mortgage
Mortgage Finance
2 years ago

Prices for residential construction headed up for a fourth straight month, with materials running higher compared to last year's average,.. Read More;

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'They're fixing a broken bank': NYCB starts to outline a way forward

National Mortgage
Mortgage Finance
2 years ago

In a securities filing Thursday, New York Community Bancorp, which is the parent company of Flagstar Bank, described steps that,.. Read More;

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Homeowners insurance rates rose nearly 19% in 2023

National Mortgage
Mortgage Finance
2 years ago

The average price borrowers pay to insure their homes is up by almost 19% in the past year and over,.. Read More;

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