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Mortgage rates rise in spite of debt ceiling resolution

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates jumped a whopping 22 basis points this week, as investors reversed course and began pricing in the likelihood,.. Read More;

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Westpac is testing ChatGPT-like AI, minus the hallucinations

National Mortgage
Mortgage Finance
3 years ago

David Walker is well aware that large language models such as ChatGPT, which was trained on the entire internet, can,.. Read More;

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Commercial mortgage delinquencies rise in 1Q

National Mortgage
Mortgage Finance
3 years ago

Commercial and multifamily delinquency rates rose across for the segment's biggest investors, affected by the economic stressors facing the country,,.. Read More;

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Investor retreat from the housing market persists

National Mortgage
Mortgage Finance
3 years ago

Investors in the first quarter took a massive step back from their past spending sprees, although they still accounted for,.. Read More;

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Distressed property buyers expect prices to drop

National Mortgage
Mortgage Finance
3 years ago

Nearly one-third of distressed property purchasers expect home prices to decline in their local market this year, this sentiment almost,.. Read More;

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Planet Home buys assets from Illinois-based lender

National Mortgage
Mortgage Finance
3 years ago

Planet Home Lending is adding production personnel and a network of 20 retail offices through an acquisition it announced Thursday,.. Read More;

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20 bank lenders with the largest HELOC 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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Ex-AnnieMac closer sues lender for race discrimination

National Mortgage
Mortgage Finance
3 years ago

A former AnnieMac mortgage closer is accusing the lender of disparate treatment of Black workers in a new federal lawsuit.Mary,.. Read More;

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Mortgage lending activity contracted by 50% in 1Q 2023

National Mortgage
Mortgage Finance
3 years ago

Mortgage lending screeched to a deafening halt in the winter, with a mere 1.25 million mortgages originated in the first,.. Read More;

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Fed's Jefferson: Basel III endgame will bring 'more robust' capital requirements

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Gov. Philip Jefferson, who the White House tapped to serve as vice chair of the central bank, said,.. Read More;

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Wall Street anxiously awaits Congress debt-deal vote

National Mortgage
Mortgage Finance
3 years ago

  House minority leader Hakeem Jeffries, D-N.Y., urged his caucus to support a debt ceiling deal Wednesday, saying that,.. Read More;

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Majority of recent home buyers say they struggle with payments

National Mortgage
Mortgage Finance
3 years ago

Financial pressure is building on more recent entrants to the housing market, according to a Clever Real Estate survey released,.. Read More;

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