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Lower acquires shuttered Premier Nationwide Lending's branches

National Mortgage
Mortgage Finance
2 years ago

Lower brought onboard Premier Nationwide Lending's branches in December, around the same time it announced the acquisition of Thrive Mortgage. Premier,.. Read More;

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Home price inflation will remain as long as federal debt keeps growing

National Mortgage
Mortgage Finance
2 years ago

The growth of the federal budget deficit under President Joe Biden now threatens to "crowd out" the capital needs of,.. Read More;

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Seniors reluctant to tap home equity for additional income

National Mortgage
Mortgage Finance
2 years ago

Many senior homeowners polled for a Fannie Mae study said they will not tap their equity in order to support,.. Read More;

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Waller says Fed's mortgage holdings should dwindle

National Mortgage
Mortgage Finance
2 years ago

Fed Governor Christopher WallerBloomberg/Photographer: Bloomberg/Bloomber Federal Reserve Governor Christopher Waller said he'd like to see the central bank's,.. Read More;

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Home-buying dreams dashed for typical U.S. family since 2020

National Mortgage
Mortgage Finance
2 years ago

The income needed to comfortably afford a home in the US has leapt 80% since 2020, far exceeding a 23%,.. Read More;

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NYCB's woes grow as CEO's exit and new disclosures spook investors

National Mortgage
Mortgage Finance
2 years ago

New York Community Bancorp said Thursday that Thomas Cangemi (right) has stepped down as CEO. He will be succeeded by,.. Read More;

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Surveys show lack of consumer trust in banks' AI

National Mortgage
Mortgage Finance
2 years ago

Consumers don't trust the artificial intelligence banks are offering, according to new research from J.D. Power.The firm's financial services team,.. Read More;

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FHFA elevates two leaders to deputy director roles

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency announced the promotion to deputy director of two of its leaders, who will lead oversight,.. Read More;

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U.S. Bank, Ohio appraiser sued for biased home appraisal

National Mortgage
Mortgage Finance
2 years ago

A mixed-race couple claims U.S. Bank and an Ohio appraiser violated fair housing laws after a "whitewashed" appraisal delivered a,.. Read More;

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HUD rolls out $225M manufactured housing initiative

National Mortgage
Mortgage Finance
2 years ago

An initiative by the Biden Administration is creating a $225 million fund to preserve and revitalize manufactured housing and the,.. Read More;

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Virginia joins states opposing 'predatory' real estate pacts

National Mortgage
Mortgage Finance
2 years ago

Another state legislature has passed a law aimed at protecting consumers and the industry against non-title recorded agreements for personal,.. Read More;

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Fed's preferred inflation metric increases by most in a year

National Mortgage
Mortgage Finance
2 years ago

The Federal Reserve's preferred gauge of underlying inflation rose in January at the fastest pace in nearly a year, helping,.. Read More;

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