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Economic tailwinds may mask mortgage challenges ahead: Fannie Mae

National Mortgage
Mortgage Finance
3 years ago

While stronger-than-expected economic readings seem to have provided a jolt of good news for the housing market and overall economy,,.. Read More;

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PacWest cutting 200 jobs at Civic real estate subsidiary

National Mortgage
Mortgage Finance
3 years ago

PacWest Bancorp is laying off around 200 employees at its Civic Financial Services subsidiary, a residential real estate company it,.. Read More;

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Mutual of Omaha buys Keller Mortgage assets

National Mortgage
Mortgage Finance
3 years ago

Insurance company Mutual of Omaha has purchased Keller Mortgage's assets in a deal that will allow the real-estate firm's lending,.. Read More;

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Yields jump on Fed-policy concern

National Mortgage
Mortgage Finance
3 years ago

U.S. equity-index futures and Treasuries fell as investors worried about the prospects of interest rates staying higher for longer and,.. Read More;

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Supreme Court has not decided yet to take the CFPB constitutionality case

National Mortgage
Mortgage Finance
3 years ago

The Supreme Court has not yet agreed to hear a challenge to the funding structure of the Consumer Financial Protection,.. Read More;

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Sales of previously owned homes decline for a 12th month

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes unexpectedly declined for a 12th-straight month in January, extending a record decline and underscoring,.. Read More;

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Foreclosure auctions to rise 24% this year

National Mortgage
Mortgage Finance
3 years ago

The number of foreclosure auctions conducted is expected to increase 24% in 2023 from the previous year, representing a gradual,.. Read More;

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5 things to know about the Hispanic American homeownership path

National Mortgage
Mortgage Finance
3 years ago

Hispanic Americans will eventually make the majority of new homeowners in the United States, but lenders today may not be,.. Read More;

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A credit union teams with HGTV house flippers to revitalize Detroit

National Mortgage
Mortgage Finance
3 years ago

Keith Bynum, left, and Evan Thomas, co-hosts of HGTV's "Bargain Block", are partnering with Community Financial Credit Union. "Anything that,.. Read More;

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Redfin loses money on mortgages in 4Q22

National Mortgage
Mortgage Finance
3 years ago

Redfin's mortgage business recorded negative gross margins in the fourth quarter, even as the company was able to maintain the,.. Read More;

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Ex-bank president in North Dakota gets prison time after guilty plea

National Mortgage
Mortgage Finance
3 years ago

The sentencing of former banker Brady Torgerson is "a reminder that there is a high price to pay for white-collar,.. Read More;

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How Wells Fargo is deploying the White House's AI Bill of Rights

National Mortgage
Mortgage Finance
3 years ago

Late last year, the White House issued a blueprint for an AI Bill of Rights in October as a guide,.. Read More;

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