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Average monthly mortgage payment rises for fourth consecutive month

National Mortgage
Mortgage Finance
3 years ago

Monthly mortgage payments for home purchasers rose again in April, as they are continuing to be affected by rising interest,.. Read More;

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Pending home sales stall on lack of available properties

National Mortgage
Mortgage Finance
3 years ago

U.S. pending home sales stagnated in April as high mortgage rates paired with limited inventory continued to curb buyer demand. The,.. Read More;

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PacWest shares rebound following deals to sell real estate loans

National Mortgage
Mortgage Finance
3 years ago

PacWest Bancorp said selling the loans will lower its risk-weighted assets, support capital levels and ease pressure on its funding,.. Read More;

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Waller: Fed's balance sheet can't go back to pre-pandemic size

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Gov. Christopher Waller said Wednesday that the central bank's balance sheet will continue to draw down but currency,.. Read More;

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USDA, VA tease loss mit, tribal land initiatives

National Mortgage
Mortgage Finance
3 years ago

The Department of Veterans Affairs is preparing a new program to extend the loss mitigation waterfall for its borrowers, one,.. Read More;

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After bank failures, House Republicans look to 'hamstring' regulators

National Mortgage
Mortgage Finance
3 years ago

  Rep. Maxine Waters, D-Calif., who serves as ranking member on the House Financial Services Committee, said Republican-drafted legislation,.. Read More;

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Civic employees not part of Roc360 deal

National Mortgage
Mortgage Finance
3 years ago

The Roc360 acquisition of Civic Financial Services did not include any of the residential real estate investor mortgage lender's employees,,.. Read More;

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Delinquencies spiked in April

National Mortgage
Mortgage Finance
3 years ago

Late payments surged in April after falling to a new low set the previous month but the increase may be,.. Read More;

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Doma sells some California offices to WFG for $24.5M

National Mortgage
Mortgage Finance
3 years ago

Doma, the former Lennar-affiliated title insurance underwriting business that went public in July 2021, has sold a chunk of its,.. Read More;

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Debt fight contributes to higher rates, lower mortgage activity

National Mortgage
Mortgage Finance
3 years ago

Home loan applications dropped for a second week in a row, as concerns over debt-ceiling negotiations helped drive interest rates,.. Read More;

post

Fannie Mae, Freddie Mac execs confront mortgage repurchase issues

National Mortgage
Mortgage Finance
3 years ago

From left: MBA Chairman-Elect Mark Jones with Devang Doshi, senior vice president, capital markets at Fannie Mae and Kevin Kauffman,,.. Read More;

post

PacWest to sell Civic Financial to real estate lender Roc360

National Mortgage
Mortgage Finance
3 years ago

PacWest Bancorp agreed to sell its Civic Financial Services unit to real estate lending firm Roc360, as the regional bank,.. Read More;

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