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Housing starts fall to cap first annual decline since 2009

National Mortgage
Mortgage Finance
3 years ago

New U.S. home construction declined for a fourth-straight month in December, wrapping up a disappointing year for an industry that,.. Read More;

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What student loan servicing can teach lenders about Gen Z

National Mortgage
Mortgage Finance
3 years ago

While many assume that the best way to reach Gen Zers is through their phones, in reality, they want a,.. Read More;

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PNC Financial girds for 'shallow' recession, builds reserves

National Mortgage
Mortgage Finance
3 years ago

PNC Financial Services Group boosted its loan-loss provision during the fourth quarter and cautioned that it is bracing for a,.. Read More;

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CFPB says servicers should offer loss mitigation beyond COVID hardships

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau said it expects mortgage servicers to continue offering forbearances, deferrals and loan modifications to consumers,.. Read More;

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Class-action suit against First Guaranty receives green light

National Mortgage
Mortgage Finance
3 years ago

A lawsuit lodged against First Guaranty Mortgage Corp. by former employees was given class-action status by a federal bankruptcy judge,.. Read More;

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Rent-to-own options gain traction with younger consumers

National Mortgage
Mortgage Finance
3 years ago

A significant portion of younger potential homebuyers would consider participating in a rent-to-own arrangement, a recent survey from Javelin Strategy,.. Read More;

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Fannie picks five groups to receive $5 million in housing contracts

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae has selected five organizations that will receive $5 million in contracts for projects that promote affordable housing and,.. Read More;

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$10B mortgage servicing rights deal may be start of new wave of sales

National Mortgage
Mortgage Finance
3 years ago

An agency servicing portfolio that Incenter has up for bid marks the first public deal above $10 billion in 2023,,.. Read More;

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How digital rent reporting can build ties with future homebuyers

National Mortgage
Mortgage Finance
3 years ago

For those willing to experiment with the strategy, it could be a long-term differentiator.,.. Read More;

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Mortgage applications surge by almost 28%

National Mortgage
Mortgage Finance
3 years ago

New loan activity stormed out of the holidays with a large surge, aided by mortgage rates dropping to lows not,.. Read More;

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How the mortgage industry is adapting to climate change

National Mortgage
Mortgage Finance
3 years ago

The impact of climate change on one of the basic necessities of life — the homes we live in —,.. Read More;

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How the FTC's proposed ban on noncompetes could impact lenders

National Mortgage
Mortgage Finance
3 years ago

The Federal Trade Commission's proposed rule banning noncompetes is likely to have a substantial impact on the mortgage industry if,.. Read More;

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