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First-time home buyer income hits record high

National Mortgage
Mortgage Finance
2 years ago

High home prices driven by a scarcity of inventory meant median income of buyers hit six figures for the second,.. Read More;

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After student loan payments restart, 1.4 million Americans risk defaulting on debt

National Mortgage
Mortgage Finance
2 years ago

Adobe Stock (Bloomberg) --The resumption of federal student loan payments will likely cause a spike in delinquencies on,.. Read More;

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FHA capital ratio dips but hopes for new premium cuts persist

National Mortgage
Mortgage Finance
2 years ago

The capital ratio for the Federal Housing Administration's Mutual Mortgage Insurance Fund fell 60 basis points from last year but,.. Read More;

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Citizens Bank to end wholesale originations

National Mortgage
Mortgage Finance
2 years ago

Citizens Bank will cease wholesale mortgage originations in December, joining a list of lenders that have left the segment over,.. Read More;

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FHFA announces 2024 multifamily purchase caps

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency on Tuesday reduced multifamily purchase caps in setting the limits for next year, but also,.. Read More;

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Purchase mortgage applications increase as inventory picks up

National Mortgage
Mortgage Finance
2 years ago

Mortgage application volumes ticked up across the board last week, with a rise in purchase activity coming at the same,.. Read More;

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With Fannie Mae execs' retirement goes key institutional knowledge

National Mortgage
Mortgage Finance
2 years ago

A pair of long-time Fannie Mae executives are leaving as President David Benson is retiring sometime in early to mid-2024,,.. Read More;

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First Citizens unveils revised SVB community plan worth $6.5 billion

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. The $6.5 billion that First,.. Read More;

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Senate moderates voice concerns with Basel endgame

National Mortgage
Mortgage Finance
2 years ago

Sen. Jon Tester, D-Mont., left, talks to Sen. Mark Warner, D-Va., during a Senate Banking Committee hearing. Tester and Warner,.. Read More;

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Government shutdown threat adds to flood risk worries

National Mortgage
Mortgage Finance
2 years ago

Industry groups have urged Congress to once again avoid a spending bill deadlock ahead of an upcoming vote on the,.. Read More;

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Fannie Mae extends rent reporting pilot through end of 2024

National Mortgage
Mortgage Finance
2 years ago

Positive outcomes emerging from Fannie Mae's rent-payment reporting pilot is leading the government-sponsored enterprise to extend it through the end,.. Read More;

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Better, following Q3 loss, touts its tech edge

National Mortgage
Mortgage Finance
2 years ago

Better Home & Finance executives Tuesday explained why they expect their origination business to be an industry disruptor despite suffering,.. Read More;

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