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New York City-area rents surge by most in nearly two decades

National Mortgage
Mortgage Finance
3 years ago

Apartment buildings in the East Village neighborhood of New York, US, on Tuesday, March 28, 2023. New York has surged,.. Read More;

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Delinquencies drop to second-lowest level ever

National Mortgage
Mortgage Finance
3 years ago

Arrears on loans secured by one-to-four unit residences fell back to a seasonally adjusted 3.56% in the first quarter, marking,.. Read More;

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Waller: 'backdoor' policy objectives open Fed up to political attacks

National Mortgage
Mortgage Finance
3 years ago

Christopher Waller, governor of the U.S. Federal Reserve, says new rules on climate risks are not necessary and would open,.. Read More;

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Mortgage rates move down again

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates fell four basis points this week, continuing the sideways movements of recent periods, Freddie Mac said.Its Primary Mortgage,.. Read More;

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Treasury's Liang says bank liquidity risk is stable, but nonbank fears mount

National Mortgage
Mortgage Finance
3 years ago

Nellie Liang, undersecretary for domestic finance at the Treasury Department, said that liquidity and interest rate risk in the banking,.. Read More;

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Dimon says regulators are likely to overreact to banking turmoil

National Mortgage
Mortgage Finance
3 years ago

"If you overdo certain rules, requirements, regulations — there are some of these community banks that tell me they have more,.. Read More;

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Mr. Cooper to buy Home Point Capital for $324 million

National Mortgage
Mortgage Finance
3 years ago

Mr. Cooper will pay $324 million in cash for all outstanding shares of Home Point Capital, per an announcement Wednesday.,.. Read More;

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Lower interest rates for FHA loans pushed production up in March

National Mortgage
Mortgage Finance
3 years ago

The production of Federal Housing Administration loans is on the rise, with the rate of purchase and refinances jumping in,.. Read More;

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Investors declare confidence, even as housing market volatility prompts RMBS flight to quality

National Mortgage
Mortgage Finance
3 years ago

With U.S. house prices off their June 2022 peak and a recession looming, RMBS investors and underwriters have tightened their,.. Read More;

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FHFA drops debt-to-income based pricing adjustment

National Mortgage
Mortgage Finance
3 years ago

The housing industry cheered the Federal Housing Finance Agency's cancellation of the loan level price adjustments based on the borrower's,.. Read More;

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Blend posts another big loss but promotes market share gains

National Mortgage
Mortgage Finance
3 years ago

Blend Labs is seeing some green shoots despite posting another eight-figure loss in the first quarter and projecting that profits,.. Read More;

post

Washington state will provide mortgage assistance as remedy for historical discrimination

National Mortgage
Mortgage Finance
3 years ago

"We're going to use the same system that enabled prejudice and bias in homeownership to do some good and help,.. Read More;

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