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Mortgage execs placate fears of AI replacing jobs

National Mortgage
Mortgage Finance
2 years ago

Mortgage professionals, as they watch their employers adopt more artificial intelligence solutions, are worried the technology will marginalize them.Nearly a,.. Read More;

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Previously owned home sales edge up from a 13-year low

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned homes unexpectedly rose in November, led by a pickup in the South and representing a respite,.. Read More;

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Mortgage application volumes slow for first time since October

National Mortgage
Mortgage Finance
2 years ago

After a sustained six-week upturn, mortgage application volumes took their first step back since   late October, even as interest,.. Read More;

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2023 predictions that economists got wrong

National Mortgage
Mortgage Finance
2 years ago

A year ago, housing and economic researchers were largely aligned in their predictions of a looming recession, expecting lower interest,.. Read More;

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MSWF 2023-2 prepares to sell $914.5 million in CMBS

National Mortgage
Mortgage Finance
2 years ago

One hundred properties financed by at least 45 commercial real estate loans will secure a $914 commercial mortgage-backed conduit securitization,.. Read More;

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Senior borrowing, home equity set records

National Mortgage
Mortgage Finance
2 years ago

Seniors held a record amount of equity in their homes, but also hit a high in terms of the amount,.. Read More;

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Dovenmuehle Mortgage chops employee headcount

National Mortgage
Mortgage Finance
2 years ago

Donvenmuehle Mortgage, Inc., a subservicer for the financial services industry, made the decision to "operate with a smaller footprint" by,.. Read More;

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Fed's Bostic says he doesn't see urgency to cut interest rates

National Mortgage
Mortgage Finance
2 years ago

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he doesn't expect there will be urgency to lower,.. Read More;

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Trade groups voice concern over reduced FHA, Ginnie Mae budgets

National Mortgage
Mortgage Finance
2 years ago

In a joint letter this week, leading housing industry trade groups voiced concerns over proposed reductions in funding at key,.. Read More;

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Housing starts unexpectedly rise to a six-month high

National Mortgage
Mortgage Finance
2 years ago

U.S. new-home construction unexpectedly surged in November to a six-month high, benefiting from a dearth of existing houses on the,.. Read More;

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Mortgage apps for new construction sole bright spot

National Mortgage
Mortgage Finance
2 years ago

For the 10th month in a row, the share of mortgage applications for newly constructed homes increased, with first-time home,.. Read More;

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Navy Federal faces lawsuit, allegations of racial bias in mortgage lending

National Mortgage
Mortgage Finance
2 years ago

A lawsuit accuses Navy Federal of running afoul of both the Fair Housing Act of 1968 and the Equal Credit,.. Read More;

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