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Credit scores, purchase lock volumes point to further market slowdown

National Mortgage
Mortgage Finance
3 years ago

Purchase credit scores hit their highest mark since 2000, and lock volumes pulled back, with both trends signaling persistent affordability,.. Read More;

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Bank CEOs give fresh warnings on loan growth, net interest income

National Mortgage
Mortgage Finance
3 years ago

PNC Chief Executive Bill Demchak (left), Bank of America CEO Brian Moynihan (top right) and Citizens CEO Bruce Van Saun,.. Read More;

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LoanDepot announces leadership shakeup, business line consolidation

National Mortgage
Mortgage Finance
3 years ago

A major shake-up at loanDepot will result in four executives from previous management leaving the company, including the head of,.. Read More;

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Ginnie Mae sets date for issuers to use pooling module

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae issuers must start using a specific module in the MyGinnieMae portal when creating single-family and manufactured housing securitization,.. Read More;

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20 depository lenders with the largest wholesale mortgage volume in Q1

National Mortgage
Mortgage Finance
3 years ago

The top five lenders in our ranking have a combined wholesale volume of more than $13 billion at the end,.. Read More;

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Buying a home in California is already hard. State Farm's exit makes it harder.

National Mortgage
Mortgage Finance
3 years ago

Firefighters saw trees on a hillside in order to open the path for bulldozers during the Mosquito Fire near Foresthill,,.. Read More;

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Nonbank mortgage jobs rise for the first time in a year

National Mortgage
Mortgage Finance
3 years ago

Nondepository payrolls in the housing finance industry stopped falling and inched up in April, ending 12 months of declines, according,.. Read More;

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Regulators propose quality control rules for automated appraisals

National Mortgage
Mortgage Finance
3 years ago

Federal financial regulators are weighing a rule that outlines best practices for the use of computer-generated appraisals on properties used,.. Read More;

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Libor ends next month. Some borrowers may be in for a nasty surprise.

National Mortgage
Mortgage Finance
3 years ago

Rates on some business loans could rise by roughly three percentage points in July if Libor-related contractual language is not,.. Read More;

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ESSA Bank & Trust will pay $3M to settle redlining claims

National Mortgage
Mortgage Finance
3 years ago

ESSA Bank & Trust will pay over $3 million to resolve redlining allegations, the Department of Justice announced Wednesday evening.The,.. Read More;

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FHA releases draft of new foreclosure prevention option

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration has introduced a new loss-mitigation concept to add to the set of temporary innovations that have,.. Read More;

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JPMorgan Chase will close 21 First Republic branches by end of year

National Mortgage
Mortgage Finance
3 years ago

Justin Sullivan/Photographer: Justin Sullivan/Ge JPMorgan Chase plans to close 21 First Republic Bank branches by the end of,.. Read More;

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