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Mortgage application activity falls for fourth time in five weeks

National Mortgage
Mortgage Finance
2 years ago

Mortgage application volumes overall dropped for the fourth time in five weeks amid the ongoing surge in rates, but refinance,.. Read More;

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Homestar Financial Corporation to wind down operations

National Mortgage
Mortgage Finance
2 years ago

Homestar Financial Corporation announced Tuesday it will cease its operations.In a statement, the mid-sized lender said the decision to close,.. Read More;

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Amid speakership drama, Rep. Barr hints at Fed divisions on Basel

National Mortgage
Mortgage Finance
2 years ago

Rep. Andy Barr, R-Ky., said Wednesday that he and his Republican colleagues in Congress intend to press Federal Reserve Chair,.. Read More;

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New-home sales surge to fastest clip since February 2022

National Mortgage
Mortgage Finance
2 years ago

U..S. sales of new houses rose in September to the fastest pace since early 2022, suggesting there's still some appetite,.. Read More;

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Weinstein ups Sculptor bid again in bidding fight with Rithm

National Mortgage
Mortgage Finance
2 years ago

Saba Capital Management's Boaz Weinstein and his group of billionaire backers again raised their bid for Sculptor Capital Management Inc. Weinstein's,.. Read More;

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Anywhere Real Estate posts Q3 profit

National Mortgage
Mortgage Finance
2 years ago

Anywhere, the nation's top real estate franchisor, posted a nine-figure profit in the third quarter despite home sale volume it,.. Read More;

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What you need to know about recent broker commission cases

National Mortgage
Mortgage Finance
2 years ago

A jury could award up to $4 billion in damages that would be paid out by some of the nation's,.. Read More;

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LoanCare faces amended class action over prepayments

National Mortgage
Mortgage Finance
2 years ago

Mortgage borrowers have filed an amended class action lawsuit related to the way a subservicer reportedly handled their prepayments following,.. Read More;

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NVR profits from gain on sale margins, scarce home inventory

National Mortgage
Mortgage Finance
2 years ago

Homebuilder and mortgage bank NVR, Inc. reported profits rising on both a quarterly and annual basis, as scarce inventory of,.. Read More;

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The last time U.S. yields rose so much, it sank the economy twice

National Mortgage
Mortgage Finance
2 years ago

There's a good reason why investors are amazed that something hasn't broken in the economy yet: The last time U.S.,.. Read More;

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All six MIs now integrated with Mortgage Cadence's LFC

National Mortgage
Mortgage Finance
2 years ago

Mortgage Cadence has created integrations for National MI and Essent on its legacy Loan Fulfilment Center loan origination system, meaning,.. Read More;

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Community Reinvestment Act rule finally crosses the finish line

National Mortgage
Mortgage Finance
2 years ago

Jerome Powell, chairman of the Federal Reserve, said Tuesday that the agency's final Community Reinvestment Act rule "will better achieve,.. Read More;

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