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FOA buys Onity's reverse MSRs in strategic shift

National Mortgage
Mortgage Finance
3 months ago

Onity's PHH Mortgage Corp. subsidiary is repositioning its reverse mortgage business, selling its loan pipeline and multibillion-dollar servicing rights portfolio,.. Read More;

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What's behind homebuilders' ultra-low rate deals

National Mortgage
Mortgage Finance
3 months ago

Reports of a sub-1% mortgage rate are no exaggeration. D.R. Horton was offering that ultra-low rate last month on certain new,.. Read More;

post

Rocket latest lender to add debt service coverage mortgages

National Mortgage
Mortgage Finance
3 months ago

Rocket Mortgage has come out with a debt service coverage ratio product in both its wholesale and retail channels, joining,.. Read More;

post

Senate Banking Committee approves Hill to lead FDIC

National Mortgage
Mortgage Finance
3 months ago

Key insight: Hill's continued tenure at the FDIC isn't likely to change the agency's direction on bank policy. Forward look: His,.. Read More;

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Fed's Miran: Banks should hold more Treasuries, less reserves

National Mortgage
Mortgage Finance
3 months ago

Aaron Schwartz/Bloomberg Key Insight: Federal Reserve Gov. Stephen Miran said certain bank regulations are preventing the Fed from,.. Read More;

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Trump taps OMB official as new nominee for CFPB director

National Mortgage
Mortgage Finance
3 months ago

Key Insight: The nomination allows Acting Director Russell Vought to bypass the Federal Vacancies Reform Act. What's at Stake: Vought has,.. Read More;

post

Uneven signals mark a housing market stuck in neutral

National Mortgage
Mortgage Finance
3 months ago

High prices, tight affordability and general uncertainty continue to hold back would-be buyers. Redfin estimates that there approximately 500,000 more,.. Read More;

post

Figure files first blockchain-native equity to shake up equity stack

National Mortgage
Mortgage Finance
3 months ago

Figure filed for a proposed offering of its new Blockchain Stock Monday, with hopes of disrupting the vertical equity stack.The,.. Read More;

post

Mortgage activity falls as rates tick up again

National Mortgage
Mortgage Finance
3 months ago

Consecutive weeks of mortgage rate increases suppressed refinance activity, causing a notable fall in mortgage applications, the Mortgage Bankers Association,.. Read More;

post

Federal Home Loan Bank advances to member banks dip in Q3

National Mortgage
Mortgage Finance
3 months ago

Key Insight: Cash loans made by the Federal Home Loan Banks dipped in the third quarter versus a year ago.,.. Read More;

post

Why 2025 might be the year of the mortgage ETF

National Mortgage
Mortgage Finance
3 months ago

The pairing of exchange-traded funds to residential mortgage-backed securities is no new concept, but 2025 looks like it is turning,.. Read More;

post

Forgery, fraud make up 40% of title insurance losses

National Mortgage
Mortgage Finance
3 months ago

Fraud and forgery attempts that appear in refinance transactions are turning out to be a rising risk factor leading to,.. Read More;

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