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Freddie Mac expands income data for underwriting

National Mortgage
Mortgage Finance
3 years ago

Freddie Mac's automated income assessment tool will soon be able to analyze a borrower's pay stub data.The new capability in,.. Read More;

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JPMorgan boosts net interest outlook on First Republic deal

National Mortgage
Mortgage Finance
3 years ago

JPMorgan offices in New YorkGabby Jones/Photographer: Gabby Jones/Bloomb (Bloomberg) --JPMorgan Chase will gain an even bigger benefit from,.. Read More;

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Where Planet Home Lending sees acquisition opportunities

National Mortgage
Mortgage Finance
3 years ago

Planet Home Lending has launched a new commercial servicing unit and plans to continue to build out its business in,.. Read More;

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PacWest to sell $2.6 billion real estate loans at discount

National Mortgage
Mortgage Finance
3 years ago

A Pacific Western Bank branch in Encino, California, US, on Saturday, April 22, 2023. Photographer: Morgan Lieberman/BloombergMorgan Lieberman/Bloomberg ,.. Read More;

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Cenlar, Movement Mortgage, Rithm Capital make leadership moves

National Mortgage
Mortgage Finance
3 years ago

Also, Polly appoints two new chief officers, Supreme Lending adds marketing leader and Regions Bank welcomes affordable housing finance expert.,.. Read More;

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Powell says monetary and financial stability tools work well together

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Chair Jerome Powell defended the central bank's use of monetary and financial stability tools during an event on,.. Read More;

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New York Fed's Williams says pandemic didn't end era of very low rates

National Mortgage
Mortgage Finance
3 years ago

The natural interest rate, known as r-star — defined as the real short-term interest rate expected to prevail when an,.. Read More;

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Former FHA commissioner Dana Wade returns to politics

National Mortgage
Mortgage Finance
3 years ago

Dana Wade, the former Federal Housing Administration commissioner who served during the Trump administration, announced a return to politics Thursday.Per,.. Read More;

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Mounting repurchase costs prompt call for new policy

National Mortgage
Mortgage Finance
3 years ago

An industry group that says its members have been hammered hard by expensive buyback demands from government-sponsored enterprises is asking,.. Read More;

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CFPB should support the use of AI to reduce lending discrimination

National Mortgage
Mortgage Finance
3 years ago

"Regulators must make clear that mere acknowledgement of a less-discriminatory [consumer lending] model is not, alone, evidence of past wrongdoing,",.. Read More;

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New-home lending increases for third straight month

National Mortgage
Mortgage Finance
3 years ago

Mortgage applications for new residential homes rose on an annual basis last month but fell versus March, with the segment,.. Read More;

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HUD's watchdog takes issue with its retired COVID-19 policy

National Mortgage
Mortgage Finance
3 years ago

Washington, DC - July 26, 2021: Exterior of the Department of Housing and Urban Development building located in downtown Washington,,.. Read More;

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