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Existing-home sales sink to lowest level since 2010

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned U.S. homes fell in September to the lowest level since 2010 as affordability worsened even further.Contract,.. Read More;

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Mortgage rates might be heading to 8%

National Mortgage
Mortgage Finance
2 years ago

The 10-year Treasury yield is threatening to move above the 5% mark for the first time since July 20, 2007,,.. Read More;

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Ameris Bancorp agrees to pay $9 million in redlining settlement with DOJ

National Mortgage
Mortgage Finance
2 years ago

Attorney General Merrick Garland said during a press conference Thursday morning that the Justice Department's settlement with Ameris Bancorp over,.. Read More;

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FHFA, stakeholders struggle to pin down costs in score update

National Mortgage
Mortgage Finance
2 years ago

Lenders and vendors really want guidance from the Federal Housing Finance Agency what the expense involved in its congressionally-mandated credit,.. Read More;

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Mortgage players report series of data breaches

National Mortgage
Mortgage Finance
2 years ago

Malware, phishing and a massive zero-day incident hit mortgage players this summer, attacks which compromised the personally identifiable information of,.. Read More;

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Judge sides with bank that said DOJ unfairly linked it to Tulsa massacre

National Mortgage
Mortgage Finance
2 years ago

Attorneys for an Oklahoma community bank succeeded in convincing a judge to excise two paragraphs referencing the 1921 Tulsa Race,.. Read More;

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Flagstar latest of 60 banks affected by MoveIt breaches

National Mortgage
Mortgage Finance
2 years ago

The fallout from a security vulnerability in commonly used file transfer software continues for the financial industry. Since July, an,.. Read More;

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ARMs are up, while overall volumes go back down

National Mortgage
Mortgage Finance
2 years ago

With affordability decreasing, conventional loan borrowers stayed home last week and sent mortgage activity sliding down to levels last seen,.. Read More;

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Global technology giant enters U.S. mortgage space

National Mortgage
Mortgage Finance
2 years ago

A German software leader is introducing a cloud lending platform in the U.S. mortgage market, partnering with two technology companies,.. Read More;

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Checking in on DEI programs in mortgage hiring

National Mortgage
Mortgage Finance
2 years ago

A little more than one year after enrolling its first class to bring diversity, equity and inclusion to the operations,.. Read More;

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Housing starts rise on pickup in multifamily projects

National Mortgage
Mortgage Finance
2 years ago

New U.S. home construction rose in September, led by a pickup in multifamily groundbreakings.Residential starts increased 7% last month after,.. Read More;

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CDFI access to government funds garners bipartisan support

National Mortgage
Mortgage Finance
2 years ago

Sen. Cynthia Lummis, R-Wto., said during a Senate Banking Committee hearing Tuesday that she is "a little disheartened that the,.. Read More;

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