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Silvergate has 'fully repaid' Home Loan Bank advances

National Mortgage
Mortgage Finance
3 years ago

The Federal Home Loan Bank of San Francisco confirmed Thursday that Silvergate Bank's "outstanding advances have been fully repaid," an,.. Read More;

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What the SEC's conflict of interest proposal may mean for mortgages

National Mortgage
Mortgage Finance
3 years ago

The government-sponsored enterprises will likely have their mainstay bonds exempted from the potential securitization-related rule, but their credit-risk transfers could,.. Read More;

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HELOC volume slips in 4Q, ending hot streak

National Mortgage
Mortgage Finance
3 years ago

One of the trendiest loan products during last year's up-and-down market is seeing fading interest. Home equity line of credit volume,.. Read More;

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Silvergate, Home Loan Bank send mixed signals about paying back advances

National Mortgage
Mortgage Finance
3 years ago

The Federal Home Loan Bank of San Francisco said Thursday that it expects to be repaid billions that it lent,.. Read More;

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Citigroup cuts hundreds of jobs including in the mortgage unit

National Mortgage
Mortgage Finance
3 years ago

Citigroup Inc. is cutting hundreds of jobs across the company, with the Wall Street giant's investment banking division among those,.. Read More;

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Mortgage rates hit highest average since November

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates increased 15 basis points this week as the benchmark 10-year Treasury yield broke above the 4% mark for,.. Read More;

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Majority of Hispanic Americans own a home as incomes rise

National Mortgage
Mortgage Finance
3 years ago

A majority of Hispanic Americans now own a home, a milestone that was reached in part thanks to demographics and,.. Read More;

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Park National Bank to pay $9M redlining fine

National Mortgage
Mortgage Finance
3 years ago

Newark, Ohio-based Park National Bank (PNB) will pay $9 million to settle allegations of using redlining practices in the Columbus,.. Read More;

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JZZ Technologies acquires Oxygen Mortgage

National Mortgage
Mortgage Finance
3 years ago

JZZ Technologies, a small publicly traded technology company, is in the process of acquiring Colorado-based Oxygen Mortgage.The deal closes in,.. Read More;

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Title firms report large drop in 4Q earnings

National Mortgage
Mortgage Finance
3 years ago

The business is heavily reliant on mortgage originations and some participants are turning to other sources of income to bolster,.. Read More;

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Bill to expand remote online notarization passes in the House

National Mortgage
Mortgage Finance
3 years ago

Federal legislation that would authorize recognition and acceptance of remote online notarizations for mortgage closings and other official documentation across,.. Read More;

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UWM loses money in 4Q but remains top lender

National Mortgage
Mortgage Finance
3 years ago

While United Wholesale Mortgage had its best year ever for purchase originations in 2022, its parent company lost money in,.. Read More;

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