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Angel Oak Capital brings $581M private-label deal to market

National Mortgage
Mortgage Finance
3 years ago

Angel Oak Capital Advisors issued its first securitization of 2023, with a significant portion of the underlying loans coming from,.. Read More;

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Mortgage activity decreases for first time in 2023

National Mortgage
Mortgage Finance
3 years ago

Weekly mortgage application volume shrank for the first time this year with purchases and refinances both slowing, according to the,.. Read More;

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Home equity lending surges as consumers consolidate debt

National Mortgage
Mortgage Finance
3 years ago

Home equity lending rose over the course of the past year as high interest rates kept borrowers away from traditional,.. Read More;

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Senators press Silvergate on FHLB loan in the wake of FTX collapse

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — A bipartisan group of senators asked Silvergate, the bank connected to the failed crypto exchange FTX, if the,.. Read More;

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New York Community quickly downsizes its newly bought mortgage unit

National Mortgage
Mortgage Finance
3 years ago

New York Community Bancorp is slashing part of its newly acquired mortgage business in an effort to cut costs during,.. Read More;

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Home price slowdown hasn't improved affordability outlook

National Mortgage
Mortgage Finance
3 years ago

While the surge in home prices has slowed substantially from the heights of last year, home buyers' affordability concerns are,.. Read More;

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CoreLogic, Guaranteed Rate, Stewart, HUD make leadership moves

National Mortgage
Mortgage Finance
3 years ago

Also, Finance of America, SimpleNexus alums find new homes, and Supreme Lending lands leading mortgage technology expert.,.. Read More;

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Cenlar names Jim Daras as sole CEO

National Mortgage
Mortgage Finance
3 years ago

Cenlar FSB, a bank whose primary business is mortgage subservicing, named D. James "Jim" Daras as its sole CEO, ending,.. Read More;

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Housing market cools with prices down 2.5% from June peak

National Mortgage
Mortgage Finance
3 years ago

The U.S. housing slump stretched into a fifth month, sending a measure of prices down 2.5% from a peak in,.. Read More;

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FHA expands availability of pandemic loss-mitigation options

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration has broadened the parameters for its COVID-19 loss mitigation options while suspending others, and is also,.. Read More;

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First Internet Bank ending consumer-direct mortgage operations

National Mortgage
Mortgage Finance
3 years ago

Another lender is ending its consumer mortgage business following the massive decline in application activity.First Internet Bank, a digital depository,,.. Read More;

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Banks say CFPB's data access rule ratchets up liability risks

National Mortgage
Mortgage Finance
3 years ago

Banks and credit unions are raising concerns about data security risks and oversight of third-party partners as the Consumer Financial,.. Read More;

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