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5 cities where sellers are more likely to cut prices

National Mortgage
Mortgage Finance
3 years ago

Close to one-fifth of homes for sale had list prices slashed in February, doubling the rate in the span of,.. Read More;

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Bank of America trims banking, lending group amid industry slump

National Mortgage
Mortgage Finance
3 years ago

Bank of America is trimming its wealth-management, banking and lending group as higher interest rates continue to crimp business on,.. Read More;

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How interest rate risk sneaked up on dozens of community banks

National Mortgage
Mortgage Finance
3 years ago

Silicon Valley Bank was not the only institution that loaded up on bonds at precisely the wrong time.Dozens of other,.. Read More;

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How new loan pricing at housing agencies affects spring home buying

National Mortgage
Mortgage Finance
3 years ago

First-time homebuyers might want to look more closely at what they pay for government-sponsored enterprise versus Federal Housing Administration loans.That's,.. Read More;

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First Citizens buys Silicon Valley Bank after run on lender

National Mortgage
Mortgage Finance
3 years ago

First Citizens BancShares has agreed to buy Silicon Valley Bank, which was seized by regulators following a run on the,.. Read More;

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Bank borrowing from Fed facilities stabilizes

National Mortgage
Mortgage Finance
3 years ago

Bank borrowing from the Federal Reserve's discount window and newly established "super discount window" — as well as advances from,.. Read More;

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Moody's flags potential mortgage impacts at First Republic

National Mortgage
Mortgage Finance
3 years ago

First Republic Bank's quality assessment as a servicer of prime residential mortgages had been put on review for potential downgrade,.. Read More;

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Lenders find more uses for alternative credit data

National Mortgage
Mortgage Finance
3 years ago

From left: Ambika Sharma, creator of Fintech Cafe, Kareem Saleh, founder and chief executive of FairPlay, Dave Hoare, chief technology,.. Read More;

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Upbeat tone in MSR market despite market turmoil

National Mortgage
Mortgage Finance
3 years ago

The acquisition of Credit Suisse by UBS Group AG brings to an end one of the most important periods of,.. Read More;

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Ocwen petitions for dismissal of HAMP lawsuit in appeals court

National Mortgage
Mortgage Finance
3 years ago

Ocwen Financial filed a petition for writ of mandamus in the 5th U.S. Circuit Court of Appeals to dismiss a,.. Read More;

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Fannie Mae pushes recession start out to 2H23

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae cut its mortgage origination forecast for 2023 by 8%, while reducing next year's outlook by 7%, as it,.. Read More;

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Homeownership gap between genders widens in 2022

National Mortgage
Mortgage Finance
3 years ago

The rate of single women becoming homeowners grew by leaps and bounds in recent years, but during 2022, some of,.. Read More;

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