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As house prices soar, Frost offers mortgages to lower-income Texans

National Mortgage
Mortgage Finance
2 years ago

Cullen/Frost Bankers is offering home equity loans for lower-income borrowers as part of the relaunch of the Texas bank's statewide,.. Read More;

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CoreLogic launches all-in-one platform for loan origination

National Mortgage
Mortgage Finance
2 years ago

CoreLogic announced Wednesday the launch of a platform that meshes both its capabilities and Roostify's, a fintech company that was,.. Read More;

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CFPB, DOJ warn lenders against denying credit to immigrants

National Mortgage
Mortgage Finance
2 years ago

Immigration visa stamp passport page close upDavid Franklin/david_franklin - Fotolia The Consumer Financial Protection Bureau and the Justice,.. Read More;

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Ginnie Mae adding new pooling flexibility for reperforming loans

National Mortgage
Mortgage Finance
2 years ago

Ginnie Mae is opening up a new option for custom securities originally created during the pandemic as a vehicle for,.. Read More;

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Rithm closing in on Sculptor purchase with higher bid

National Mortgage
Mortgage Finance
2 years ago

Although Rithm Capital raised its bid for Sculptor Capital Management, it is still below a competing offer made by a,.. Read More;

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UWM's Mat Ishbia fields interest in Phoenix Suns from potential investors

National Mortgage
Mortgage Finance
2 years ago

Billionaire Mat Ishbia has held exploratory conversations about bringing new investors into the Phoenix Suns and Mercury basketball teams, according,.. Read More;

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Rates climb, with war threatening to affect them going forward

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates continued their rise, even with uncertainty around world events impacting bond prices, Freddie Mac said.Even though yields on,.. Read More;

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Unintended consequences abound with real estate commission change

National Mortgage
Mortgage Finance
2 years ago

Ending the practice of the seller paying the buyer's real estate broker commission would result in harm to consumers already,.. Read More;

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Bankrupt Amerifirst Financial seeks approval for loan sale to non-QM shop

National Mortgage
Mortgage Finance
2 years ago

AmeriFirst Financial wants the United States Bankruptcy Court for the District of Delaware to approve a private sale of loans,.. Read More;

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Fannie Mae, Freddie Mac record a downshift in nonperforming loan sales

National Mortgage
Mortgage Finance
2 years ago

Fannie Mae and Freddie Mac sold nonperforming loans at their third slowest rate on record last year, in sharp contrast,.. Read More;

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Higher rates may be needed to curb inflation, Fed's Bowman says

National Mortgage
Mortgage Finance
2 years ago

Fed Governor Michelle Bowman Photographer: Zach Gibson/BloombergZach Gibson/Photographer: Zach Gibson/Bloomb Federal Reserve Governor Michelle Bowman said interest rates,.. Read More;

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Adjustable-rate mortgages surge with lending near longtime lows

National Mortgage
Mortgage Finance
2 years ago

A drop in the adjustable-rate mortgage average provided some lift to loan activity last week, as beleaguered trade groups sought,.. Read More;

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