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MISMO taking servicing transfer criteria to next step in 2023

National Mortgage
Mortgage Finance
3 years ago

The Mortgage Industry Standards Maintenance Organization has identified a number of high priority initiatives it plans to make more progress,.. Read More;

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Fix-and-flip buyers see more opportunities in 2023

National Mortgage
Mortgage Finance
3 years ago

Although a challenging real estate market looks set to persist for much of 2023, a majority of noninstitutional investors view,.. Read More;

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Mortgage credit, underwriting fluctuating but not excessively

National Mortgage
Mortgage Finance
3 years ago

Credit availability contracted slightly in the latest index published by the Mortgage Bankers Association, following an increase in November that,.. Read More;

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Powell: Nonbanks need structural reforms, not Fed backstop

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Chair Jerome Powell discussed the importance of central bank independence and the responsibilities that come with it on,.. Read More;

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Silvergate Bank loaded up on $4.3 billion in Home Loan bank advances

National Mortgage
Mortgage Finance
3 years ago

When depositors began pulling money out of Silvergate Capital Corp. following the collapse of the cryptocurrency exchange FTX, the California,.. Read More;

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Lender says rival stole trade secrets, data breach followed

National Mortgage
Mortgage Finance
3 years ago

A New England lender is suing a regional competitor for violating trade secrets laws in a poaching incident that appears,.. Read More;

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Rocket Mortgage cuts some marketing roles. Are more layoffs coming?

National Mortgage
Mortgage Finance
3 years ago

Rocket Mortgage "reorganized" its marketing team last week, cutting 20 employees.A Rocket spokesperson confirmed the layoffs, but did not elaborate,.. Read More;

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Servicing prices are likely to be flatter in 2023

National Mortgage
Mortgage Finance
3 years ago

Prices for mortgage servicing rights may have picked up compared to where they were during the typical December slowdown, but,.. Read More;

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J.P. Morgan Mortgage expects to raise $410.4 million in mortgage-backed certificates

National Mortgage
Mortgage Finance
3 years ago

J.P. Morgan Mortgage Trust 2023-1 is preparing to issue some $410.4 million in mortgage-backed certificates backed by a pool of,.. Read More;

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Consumers more upbeat about their finances in 2023, New York Fed finds

National Mortgage
Mortgage Finance
3 years ago

Consumers are a bit more optimistic about their financial situation in the coming year despite persistent worries about the economic,.. Read More;

post

Supreme Court rejects Fannie-Freddie investors on U.S. profit-taking

National Mortgage
Mortgage Finance
3 years ago

The U.S. Supreme Court turned away four appeals from Fannie Mae and Freddie Mac shareholders who said they were entitled,.. Read More;

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Consumers are (a little) more optimistic about the housing market

National Mortgage
Mortgage Finance
3 years ago

Consumer sentiment regarding the housing market improved marginally in December as mortgage interest rates and home prices both declined, Fannie,.. Read More;

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