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FHFA's Thompson: Taxpayers are stakeholders in FHLBs

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Federal Housing Finance Agency Director Sandra Thompson said that taxpayers are "absolutely" stakeholders in Federal Home Loan Banks,,.. Read More;

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Home price growth keeps slowing, but new owners still pay more

National Mortgage
Mortgage Finance
3 years ago

Although several housing groups are reporting home-price growth flattening or falling this winter, new research also suggests that the drop-offs,.. Read More;

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Mr. Cooper to buy Roosevelt Management, Rushmore

National Mortgage
Mortgage Finance
3 years ago

Mr. Cooper plans to buy an investor in mortgage-related assets and a special servicer in order to brace itself for,.. Read More;

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HECMs prove troublesome for some borrowers and lenders

National Mortgage
Mortgage Finance
3 years ago

While reverse mortgages allow older homeowners the opportunity to draw on home equity with minimal risk, problems arising from flaws,.. Read More;

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Whims of the Biden Administration wreak havoc on home lenders

National Mortgage
Mortgage Finance
3 years ago

If President Joe Biden really wants to win reelection in 2024, he should leave the mortgage industry in peace and,.. Read More;

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Equifax cuts 10% of its employees in fourth quarter

National Mortgage
Mortgage Finance
3 years ago

Credit reporting agency Equifax cut 10% of its employees and contractors in the fourth quarter.That amounts to 2,350 workers being,.. Read More;

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Watchdog finds lack of oversight for key Federal Home Loan Banks program

National Mortgage
Mortgage Finance
3 years ago

The Federal Home Loan Bank system has not had an in-depth review of its primary affordable housing program in more,.. Read More;

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Ex-Sprout CEO's originator licenses suspended

National Mortgage
Mortgage Finance
3 years ago

An Illinois regulator suspended the originator licenses of former Sprout Mortgage CEO Michael Strauss and his new company after they,.. Read More;

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Mortgage credit availability decreases for a second straight month

National Mortgage
Mortgage Finance
3 years ago

Mortgage credit availability inched downward for a second straight month in January, as jumbo products decreased and other categories came,.. Read More;

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Two Harbors leans into MSR profits as bond volatility drives net loss

National Mortgage
Mortgage Finance
3 years ago

Two Harbors Investment Corp. recorded a fourth-quarter loss linked largely to fluctuations in the value of its residential mortgage backed-securities,,.. Read More;

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Mortgage rates rise for first time in a month

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates increased this past week, as last Friday's stronger-than-expected jobs report drove the 10-year Treasury higher in the early,.. Read More;

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Mortgage robocall volume wanes, but TCPA suits persist

National Mortgage
Mortgage Finance
3 years ago

Consumers pestered with millions of mortgage robocalls got some relief at the beginning of the year, according to a new,.. Read More;

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