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End of forbearance tests mettle of other foreclosure alternatives

National Mortgage
Mortgage Finance
3 years ago

Forbearance has reached the point where less than half of a percent of borrowers have it, and that means servicers,.. Read More;

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Home resales barely rise as inventory constraints worsen

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes barely rose in May as high mortgage rates continued to crimp demand and discourage,.. Read More;

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CFPB says consumers in the South face banking deserts, higher rates

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau released two reports analyzing banking trends — particularly the presence of branches and credit access,.. Read More;

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With recession still expected, MBA cuts origination forecast

National Mortgage
Mortgage Finance
3 years ago

The Mortgage Bankers Association reduced its origination forecast for 2023 from the previous month, but it is holding to its,.. Read More;

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Deed theft victims get foreclosure protections in New York

National Mortgage
Mortgage Finance
3 years ago

The New York State Legislature has passed a bill that enhances civil culpability for those accused of deed theft, while,.. Read More;

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Fed's Powell says higher interest rates needed to curb inflation

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce U.S. growth to,.. Read More;

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Mortgage application activity squeezes out small weekly increase

National Mortgage
Mortgage Finance
3 years ago

Mortgage application volumes came in flat last week along with interest rates, as an uptick in purchases was offset by,.. Read More;

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Hawaii doubles Homeowner Assistance Fund benefit

National Mortgage
Mortgage Finance
3 years ago

Hawaii updated its Homeowner Assistance Fund program this month, doubling the maximum amount available and loosening requirements to open up,.. Read More;

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LoanDepot, Guild, Cenlar, HUD make leadership moves

National Mortgage
Mortgage Finance
3 years ago

Also, Fannie Mae finds new board member, @USMI_Info ups legal, government relations teams, PRMG names general counsel and Down Payment,.. Read More;

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JPMorgan sued by American Dream mall builder for unpaid work

National Mortgage
Mortgage Finance
3 years ago

The American Dream mall and entertainment complex in East Rutherford, New Jersey.Bloomberg/Photographer: Bloomberg/Bloomberg The construction manager for the,.. Read More;

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Fed's top regulator says changes to supervision coming later this year

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Vice Chair for Supervision Michael Barr is overseeing a six-month push to change the culture of the central,.. Read More;

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Bank economists expect credit conditions to weaken through 2023

National Mortgage
Mortgage Finance
3 years ago

An "office space available" sign in the Loop neighborhood of Chicago in May. Lenders have boosted reserves for potential future,.. Read More;

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