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First-time home buyer program reform is the focus of new legislation

National Mortgage
Mortgage Finance
3 years ago

A bipartisan bill introduced in the Senate Tuesday seeks to streamline two programs for first-time home buyers, which are administered,.. Read More;

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20 banks with the largest total mortgage volume in Q1

National Mortgage
Mortgage Finance
3 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five lenders in our ranking,.. Read More;

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Prepayment speeds were up 22% in May on seasonality

National Mortgage
Mortgage Finance
3 years ago

Mortgage-backed securities prepayment speeds increased 22% month-to-month in May, but that was largely due to seasonality related to traditional spring,.. Read More;

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Seasonal jump in housing interest reverses

National Mortgage
Mortgage Finance
3 years ago

While there was promising improvement in consumer attitudes earlier in the spring home buying season, purchasers became a little less,.. Read More;

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Brokers support bill that would roll back loan pricing changes

National Mortgage
Mortgage Finance
3 years ago

The National Association of Mortgage Brokers on Wednesday backed one of the Republican proposals that would reverse a recent overhaul,.. Read More;

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Soros CIO Dawn Fitzpatricksays agency mortgage-backed securities are cheap

National Mortgage
Mortgage Finance
3 years ago

Addressing the Bloomberg Invest conference in New York on Wednesday, Fitzpatrick said mortgage-backed securities present a uniquely interesting investing opportunity.Jeenah,.. Read More;

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Mortgage app volumes slow for fourth week amid rate volatility

National Mortgage
Mortgage Finance
3 years ago

Mortgage application volumes continued their month-long slide last week, but government lending held up amid current rate volatility, the Mortgage,.. Read More;

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Mortgage Bankers Association nominates its 2024 vice chair

National Mortgage
Mortgage Finance
3 years ago

Christine Chandler, an executive with commercial real estate finance provider M&T Realty Capital, has been nominated by the Mortgage Bankers,.. Read More;

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HomeTown Lenders not paying rent, utilities, employees allege

National Mortgage
Mortgage Finance
3 years ago

William Taylor, the CEO of Huntsville, Alabama-based HomeTown Lenders, published a video on the company's intranet in late May thanking,.. Read More;

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San Francisco Home Loan Bank hires Western Alliance exec as senior VP

National Mortgage
Mortgage Finance
3 years ago

This year's banking crisis has hit the San Francisco Home Loan Bank hard. Two members — First Republic Bank and,.. Read More;

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Home building cooled over 20% in large metros in Q1

National Mortgage
Mortgage Finance
3 years ago

A contractor works on the roof of a home under construction in Tucson, Arizona.Rebecca Noble/Bloomberg Surging interest rates,.. Read More;

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CFPB warns banks that poorly deployed chatbots could harm consumers

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau warned financial institutions about using chatbots such as ChatGPT, displayed on a laptop screen, because,.. Read More;

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