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First-time buyers made up half of the home purchases in 2023

National Mortgage
Mortgage Finance
2 years ago

Elevated interest rates continue to spook many current homeowners who would otherwise list, which has led to first-time buyers making,.. Read More;

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Waters raises new antitrust concerns over ICE-Black Knight merger

National Mortgage
Mortgage Finance
2 years ago

Photo by Al Drago/Bloomberg Following the recent Federal Trade Commission decision to drop a legal case that could,.. Read More;

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Purchase application volumes fall to a low not seen since 1995

National Mortgage
Mortgage Finance
2 years ago

Home loan applications slowed for a fifth straight week, with interest rates and a sluggish housing market pushing purchase activity,.. Read More;

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New-home sales rise to highest level in over a year

National Mortgage
Mortgage Finance
2 years ago

U.S. new-home sales rose in July to the highest level in over a year as homebuilders continue to benefit from,.. Read More;

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Serious mortgage delinquencies hit a 17-year low

National Mortgage
Mortgage Finance
2 years ago

Borrowers continued to improve on their mortgage payments this summer, setting a 17-year low serious delinquency mark, according to Black,.. Read More;

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Better.com leaders talk IPO: 'We've been through war together'

National Mortgage
Mortgage Finance
2 years ago

Better executives, from left: Chief Revenue Officer Anu Gupta; Chief Administrative Officer Nicholas Calamari; Chief Compliance Officer Paula Tuffin; founder,.. Read More;

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Banks urge regulators to delay CRA final rule

National Mortgage
Mortgage Finance
2 years ago

Michael Barr, vice chair for supervision at the Federal Reserve, from left, Martin Gruenberg, chairman of the Federal Deposit Insurance,.. Read More;

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Regions to pay $3 million in steeper-than-usual flood insurance penalty

National Mortgage
Mortgage Finance
2 years ago

Regions Financial, which said it self-identified the flood insurance issue years ago and has long since fixed it, will pay,.. Read More;

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Existing home sales slide on higher rates, lean inventory

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned U.S. homes fell in July to the lowest level since the start of the year, constrained,.. Read More;

post

Forbearance numbers fall below 200,000

National Mortgage
Mortgage Finance
2 years ago

The number of homeowners in forbearance fell below 200,000 as of July 31, as the reasons borrowers seek to pause,.. Read More;

post

Becoming a bank proves challenging for fintechs seeking survival

National Mortgage
Mortgage Finance
2 years ago

Bloomberg News — In an era of soaring interest rates and intense competition, fintechs are increasingly deciding they need to,.. Read More;

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Sculptor says Och blocked higher bid than what Rithm is paying

National Mortgage
Mortgage Finance
2 years ago

Sculptor Capital Management received multiple takeover bids that were higher than the $639 million offer it ultimately accepted from Rithm,.. Read More;

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