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Figure-affiliated SPAC plans to merge with mortgage bank

National Mortgage
Mortgage Finance
3 years ago

A blank check company affiliated with fintech Figure Technologies has signed a non-binding letter of intent to merge with a,.. Read More;

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Streamlining mortgage operations as the market evolves

National Mortgage
Mortgage Finance
3 years ago

Housing finance is in the midst of a cyclical transition in which every penny counts and technologies that offer efficiencies,.. Read More;

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CFPB says lenders should do more to support active-duty troops

National Mortgage
Mortgage Finance
3 years ago

Financial institutions should be doing a better job of ensuring that military service members deployed on active duty receive federally,.. Read More;

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Housing inventory sees biggest surge in 7 years

National Mortgage
Mortgage Finance
3 years ago

For-sale inventory of single-family homes increased by its largest year-over-year margin since 2015, but it was the result of homes,.. Read More;

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Ginnie Mae calls for more lender scrutiny as VA share rises

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae has recommended a move that could increase scrutiny of originators making loans the Department of Veterans Affairs has,.. Read More;

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U.S. Bank ending newly acquired Union Bank's wholesale lending

National Mortgage
Mortgage Finance
3 years ago

U.S. Bank is ending the wholesale mortgage business at newly acquired MUFG Union Bank, making it the latest player in,.. Read More;

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OCC's Hsu says 'now is not the time to be complacent' on risk management

National Mortgage
Mortgage Finance
3 years ago

Acting Comptroller of Currency Michael Hsu said that economic uncertainty will make CECL adoption difficult but that banks are up,.. Read More;

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NY state investigation finds racial disparities in Syracuse mortgage lending

National Mortgage
Mortgage Finance
3 years ago

A new state study suggests that mortgage lenders are discriminating against minorities in Syracuse, putting up barriers to home ownership,.. Read More;

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Mortgage rates continue to slide as economic worries remain

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates continued their slide this week as continued concerns over the economy have pushed yields on the 10-year Treasury,.. Read More;

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Mortgage credit loosens for first time in nine months

National Mortgage
Mortgage Finance
3 years ago

Mortgage credit availability loosened for the first time in nine months, led by lenders adding to their jumbo loan programs,.. Read More;

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Nearly a third of Athas employees move to Hometown Equity Mortgage

National Mortgage
Mortgage Finance
3 years ago

Dozens of former Athas Capital Group employees have made their way to Hometown Equity Mortgage, LLC, a dba of theLender,,.. Read More;

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The need for nonbank regulation is a consensus issue for the Fed

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — A consensus is emerging within the Federal Reserve about the need to address the risks nonbanks pose to,.. Read More;

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