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Dangers lurk in the details of policy response to home appraisal bias

National Mortgage
Mortgage Finance
3 years ago

As regulators make policy proposals to address historic bias in home appraisal practices, some appraisers fear that the changes could,.. Read More;

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Sternlicht's Starwood eyes sale of more than 2,000 rental homes

National Mortgage
Mortgage Finance
3 years ago

Starwood Capital Group, led by Barry Sternlicht, is exploring a sale of more than 2,000 single-family rental homes. Many of the,.. Read More;

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Mortgage lenders must retool their practices to draw Gen Z workers

National Mortgage
Mortgage Finance
3 years ago

The oldest cohort of those considered Gen Z, which includes people born in 1997 or later, has started entering the,.. Read More;

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The non-QM product gaining steam in a low-volume market

National Mortgage
Mortgage Finance
3 years ago

Some lenders in search of business during the mortgage market's holding pattern are turning attention to a niche product with,.. Read More;

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BofA eyes seven new markets, including New Orleans and Milwaukee

National Mortgage
Mortgage Finance
3 years ago

Bank of America currently operates in 83 of the top 100 markets, and it plans to increase that number to,.. Read More;

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Home ownership is a top goal for Gen Z, after reducing debt

National Mortgage
Mortgage Finance
3 years ago

Paying off existing debt is the top near-term priority for Gen Z college students, along with having financial freedom, goals,.. Read More;

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At CFPB hearing, Sen. Vance blasts the Federal Reserve and JPMorgan Chase

National Mortgage
Mortgage Finance
3 years ago

Rohit Chopra, director of the Consumer Financial Protection Bureau, testified on Tuesday before the Senate Banking Committee on the Federal,.. Read More;

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PACE loans may qualify for Homeowner Assistance Fund money

National Mortgage
Mortgage Finance
3 years ago

Borrowers with trouble paying Property Assessed Clean Energy loans might be able to get help from the Homeowner Assistance Fund,,.. Read More;

post

Comerica plans to wind down its mortgage warehouse business

National Mortgage
Mortgage Finance
3 years ago

Comerica's exit from mortgage warehouse lending will dampen its loan growth a bit, according to company executives. The bank now,.. Read More;

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Mortgage product availability down nearly 20% since last year

National Mortgage
Mortgage Finance
3 years ago

Mortgage credit tightened even further in May after hitting decade-lows earlier this spring amid industry consolidation and reduced capacity, the,.. Read More;

post

FEMA's flood insurance revamp drives premiums up as much as 700%: suit

National Mortgage
Mortgage Finance
3 years ago

Home insurance premiums are soaring and homebuying demand is waning because of the National Flood Insurance Program's overhaul, stakeholders claim,.. Read More;

post

Select Portfolio Servicing turns to CoreLogic for tax, flood services

National Mortgage
Mortgage Finance
3 years ago

CoreLogic has formed a business partnership with Select Portfolio Servicing involving tax, flood and portfolio monitoring, the data company announced,.. Read More;

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