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Wall Street banks' residential mortgages face U.S. mandates exceeding global standards

National Mortgage
Mortgage Finance
3 years ago

U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with the,.. Read More;

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Why Gen Zers will be stronger borrowers than past first-timers

National Mortgage
Mortgage Finance
3 years ago

An emerging generation of homeowners, Generation Z ("Gen Z"), presents a bright spot for MBS investors with their distinct approach,.. Read More;

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Odds of U.S. recession in next year cut to 20% by Goldman

National Mortgage
Mortgage Finance
3 years ago

The U.S. economy has a better chance of avoiding a recession in the next 12 months following recent positive data,.. Read More;

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FTC may still reject Black Knight deal after Optimal Blue sale

National Mortgage
Mortgage Finance
3 years ago

Black Knight's proposed sale of Optimal Blue to Empower's buyer Constellation Software may be the piece that unlocks the Federal,.. Read More;

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The 'lock-in' effect is heating up home prices

National Mortgage
Mortgage Finance
3 years ago

Prospective homebuyers felt the heat in the second quarter as home prices continued to creep up, with current homeowners staying,.. Read More;

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CFPB's Chopra to work with European counterpart on digital regulations

National Mortgage
Mortgage Finance
3 years ago

Rohit Chopra, director of the Consumer Financial Protection Bureau, will engage in bilateral talks with the head of the European,.. Read More;

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Countrywide co-founder Angelo Mozilo dies at 84

National Mortgage
Mortgage Finance
3 years ago

Angelo Mozilo, one of the mortgage industry's biggest supporters for advancing low and moderate income homeownership – but would become,.. Read More;

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Short-term mortgage delinquencies rose after the first quarter: FHFA

National Mortgage
Mortgage Finance
3 years ago

The near-term performance of mortgages backed by government-sponsored enterprises wavered a little as the second quarter got underway but loss,.. Read More;

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Freedom Mortgage alleges that subservicer's errors cost it over $30M

National Mortgage
Mortgage Finance
3 years ago

A lawsuit that Freedom Mortgage filed against LoanCare more than half a decade ago is finally getting its day in,.. Read More;

post

Sprout stops worker settlement over involuntary bankruptcy

National Mortgage
Mortgage Finance
3 years ago

Sprout Mortgage is halting a $3.5 million settlement for laid off workers, citing an involuntary bankruptcy filing posted recently by,.. Read More;

post

Wells Fargo again boosts its office-loan reserves as weakness persists

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo is taking bigger precautions on its office building loans, setting aside more funds to cover potential losses as,.. Read More;

post

Bank volume improvement doesn't translate to healthier margins

National Mortgage
Mortgage Finance
3 years ago

Mortgage banking results at JPMorgan Chase and Wells Fargo were slightly weaker than expected given the higher volume produced, an,.. Read More;

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