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US yield surge helps Fed on inflation, at risk of harder landing

National Mortgage
Mortgage Finance
2 years ago

The latest surge in long-term interest rates to the highest levels in 16 years adds to a lengthening list of,.. Read More;

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Trust, then verify, DSCR loan applicants

National Mortgage
Mortgage Finance
2 years ago

Trust is an important component of every relationship, particularly in an agreement between borrower and lender. False or misleading information,.. Read More;

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Florida overtakes New York as second-biggest US housing market

National Mortgage
Mortgage Finance
2 years ago

Florida has overtaken New York to become the second most-valuable U.S. housing market, according to a new study by Zillow.The,.. Read More;

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Trump found liable for defrauding banks, insurers in New York AG case

National Mortgage
Mortgage Finance
2 years ago

New York Attorney General Letitia James sued Trump, his real estate company and his two adult sons in September 2022,,.. Read More;

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Home prices grew to record levels in July

National Mortgage
Mortgage Finance
2 years ago

U.S. home prices reached new peaks in July, although regional differences remain as to the strength of the markets, a,.. Read More;

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Menendez scandal may stymie flood insurance, other Senate Banking business

National Mortgage
Mortgage Finance
2 years ago

  Senator Bob Menendez, D-N.J., arrives in the capitol with Senate Banking Committee ranking member Tim Scott, R-S.C. Menendez's,.. Read More;

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Lender empathy may prolong industry pain, Stratmor says

National Mortgage
Mortgage Finance
2 years ago

Inertia and empathy among lenders hoping they can weather their way through the current slowdown will result in prolonged instability,.. Read More;

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Mr. Cooper sues vendor over costly servicing incident

National Mortgage
Mortgage Finance
2 years ago

Mr. Cooper wants ACI Payments to further pay up for its servicing mistake two years ago which impacted borrowers' bank,.. Read More;

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New-home sales fall to five-month low amid elevated rates

National Mortgage
Mortgage Finance
2 years ago

U.S. new-home sales fell in August to a five-month low as still-high prices and historically elevated mortgage rates took a,.. Read More;

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Weighing the pros and cons of the P&L business model in mortgage

National Mortgage
Mortgage Finance
2 years ago

When interest rates are elevated and there is a housing inventory drought, origination shops need to adapt and run a,.. Read More;

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Raft of commercial mortgage bond ratings were slashed, Bank of America says

National Mortgage
Mortgage Finance
2 years ago

Credit ratings were cut on the highest number of commercial mortgage-backed securities in "recent memory" last week, according to strategists,.. Read More;

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How a Georgia credit union is combating loan fraud

National Mortgage
Mortgage Finance
2 years ago

Using its collaboration with the income-verification fintech Argyle, Georgia United Credit Union is combating fraud attempts, false documents and other,.. Read More;

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Zillow profit view misses on cool housing market, legal costs

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