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Mortgage rates rise again and could stay higher for longer

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates rose by 4 basis points this week, which was a far slower pace than the 30-year fixed rate,.. Read More;

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CFPB warns of kickbacks and abuse by comparison-shopping websites

National Mortgage
Mortgage Finance
2 years ago

The CFPB issued guidance to law enforcement agencies and regulators that comparison-shopping websites may be breaking the law by accepting,.. Read More;

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FHFA extends credit modernization timeline

National Mortgage
Mortgage Finance
2 years ago

In response to industry feedback, the Federal Housing Finance Agency has redrawn some parts of its tentative roadmap for rolling,.. Read More;

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Homeowner Assistance Fund to reopen in PA in March

National Mortgage
Mortgage Finance
2 years ago

A year after suspending new applications, Pennsylvania is preparing to relaunch its Covid-19 relief program for struggling homeowners, but two,.. Read More;

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Rocket closing program for non-LOs to originate loans

National Mortgage
Mortgage Finance
2 years ago

Rocket Cos. is closing its Rocket Pro Originate business, which sponsors real estate agents and other financial services professionals to,.. Read More;

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Realtors urge commissions clarity for spring homebuyers

National Mortgage
Mortgage Finance
2 years ago

As the fate of real estate agent commissions hangs in federal courts, home buyers seem largely unaware of the controversy. A,.. Read More;

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CFPB files amicus brief as Ocwen appeals pay-to-pay lawsuit

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau has filed a "friend of the court" brief in legal proceedings that may have broader,.. Read More;

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Fairway hit with cyber attack in December

National Mortgage
Mortgage Finance
2 years ago

Fairway Independent Mortgage Corporation was hit with a data breach at the end of last year because of a third-party,.. Read More;

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UWM posts loss due to MSR hit, but dominates purchase market

National Mortgage
Mortgage Finance
2 years ago

UWM Holdings took a loss on a GAAP basis for both the fourth quarter and full year 2023 resulting from,.. Read More;

post

New Fannie Mae process eases community lenders' buyback fears

National Mortgage
Mortgage Finance
2 years ago

New electronic notifications Fannie Mae is sending to lenders related to mortgage quality are alleviating some concerns community lenders have,.. Read More;

post

GDP revised slightly lower despite stronger consumer spending

National Mortgage
Mortgage Finance
2 years ago

The U.S. economy expanded at a slightly slower rate at the end of last year as a downward revision to,.. Read More;

post

Flattening rates fail to bring in mortgage borrowers

National Mortgage
Mortgage Finance
2 years ago

Home lending activity slowed for the fourth time in five weeks, even as interest rates tapped on the brakes after,.. Read More;

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