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Finance of America reports first earnings after massive pivot

National Mortgage
Mortgage Finance
3 years ago

Finance of America ended 2022 far smaller than what it was just months earlier, but leaders said plenty of work,.. Read More;

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Guild Mortgage acquires Cherry Creek Mortgage

National Mortgage
Mortgage Finance
3 years ago

Guild Mortgage is purchasing Cherry Creek Mortgage, making this the third acquisition by the San Diego-based public company in the,.. Read More;

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Biggest plunge in bond yields since Volcker era on bank fears

National Mortgage
Mortgage Finance
3 years ago

The shift in short-term interest rate markets Monday was unlike almost anything seen for more than four decades, including even,.. Read More;

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Moody's puts First Republic, five U.S. banks on downgrade watch

National Mortgage
Mortgage Finance
3 years ago

Moody's Investors Service placed First Republic Bank and five other U.S. lenders on review for downgrade, the latest sign of,.. Read More;

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Will the Fed's new liquidity facility restore confidence?

National Mortgage
Mortgage Finance
3 years ago

The Marriner S. Eccles Federal Reserve building in Washington, D.C. on Monday, one day after the Fed announced the Bank,.. Read More;

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In light of SVB turmoil, traders blow up rate-hike bets

National Mortgage
Mortgage Finance
3 years ago

One year after the Federal Reserve started frantically raising interest rates, the collapse of Silicon Valley Bank answered what had,.. Read More;

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Motto Mortgage sues UMortgage alleging it poached an Ohio franchise

National Mortgage
Mortgage Finance
3 years ago

Motto Mortgage, a national mortgage brokerage franchisor, is accusing UMortgage of "unlawfully soliciting" and "inducing" a top-performing Cincinnati, Ohio-based Motto,.. Read More;

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Silicon Valley Bank's failure is a lesson for depositories with MBS

National Mortgage
Mortgage Finance
3 years ago

Silicon Valley Bank's demise highlights a unique risk for financial institutions holding mortgage-backed securities.While many things played a role in,.. Read More;

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CFPB requests comment on loan officer compensation rules

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau is currently seeking comments on policies affecting loan originator compensation and licensing at smaller mortgage,.. Read More;

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Fed could still raise short-term rates next week

National Mortgage
Mortgage Finance
3 years ago

While bank failures are the headline, when the Federal Open Market Committee meets next, Tuesday's Consumer Price Index report will,.. Read More;

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Mortgage lock units higher in February

National Mortgage
Mortgage Finance
3 years ago

Mortgage rate locks by dollar volume increased month-to-month in February, even as the number of units dropped, a sign that,.. Read More;

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Silicon Valley bridge bank to be led by former Fannie Mae CEO

National Mortgage
Mortgage Finance
3 years ago

The Federal Deposit Insurance Corp. has tapped former Fannie Mae CEO Tim Mayopoulos to lead the FDIC-created "bridge bank" of,.. Read More;

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