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U.S. economy seen skirting recession but with sticky inflation

National Mortgage
Mortgage Finance
3 years ago

The U.S. economy is now expected to narrowly dodge a recession this year but underlying inflation will be faster than,.. Read More;

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California promotes expanded availability of mortgage relief

National Mortgage
Mortgage Finance
3 years ago

California housing officials are urging households to take advantage of Homeowner Assistance Fund resources following recent changes to eligibility, including,.. Read More;

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Traders can't get enough of Treasuries even with hawkish Fed

National Mortgage
Mortgage Finance
3 years ago

Central banks have ramped up their hawkish rhetoric this month but for bond bulls, that's a good thing.Investors are piling into longer-dated,.. Read More;

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Home price surge likely to follow construction freeze in Phoenix

National Mortgage
Mortgage Finance
3 years ago

Government models say Phoenix's groundwater supply is drying up. Homebuyers will have to pay the price to fix it.The Arizona,.. Read More;

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10 banks alleged victims of ransomware attacks on file transfer software

National Mortgage
Mortgage Finance
3 years ago

Companies and government agencies have been added in recent days to the list of institutions victimized by a supply chain,.. Read More;

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NCUA, federal agencies study next steps in appraisal-bias reform

National Mortgage
Mortgage Finance
3 years ago

Credit unions and their regulators are weighing next steps in a federal-agency push to tackle biases in the housing appraisal,.. Read More;

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J.P. Morgan Mortgage Trust prepares to issue $186.3 million in HELOC-backed notes

National Mortgage
Mortgage Finance
3 years ago

J.P. Morgan Mortgage Trust is preparing to offer $186.3 million in notes to investors, where a second-lien, prime home equity,.. Read More;

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Planet Home Lending's $10B MSR buy increases portfolio by over 10%

National Mortgage
Mortgage Finance
3 years ago

Planet Home Lending significantly increased the size of its mortgage servicing rights portfolio with a $10 billion bulk acquisition from,.. Read More;

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Distressed U.S. commercial property assets swell to $64 billion

National Mortgage
Mortgage Finance
3 years ago

Distress is spreading in the U.S. commercial real estate industry, with the amount of troubled assets climbing to nearly $64,.. Read More;

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Mortgage rates tick down for a third week

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates slid for a third week, down a scant two basis points a full week following the Federal Open,.. Read More;

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Fannie Mae transfers $789 million in mortgage credit risk

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae is sharing more credit risk with the private sector, completing two offerings  consisting of single-family pools totaling 81,000,.. Read More;

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Plaid leans on banks, fintechs to create a stolen-identity database

National Mortgage
Mortgage Finance
3 years ago

Plaid CEO Zach Perret announced a 20% cut in the company's workforce last year in response to a post-pandemic slowdown,.. Read More;

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