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Envoy Mortgage sheds nearly 30% of its corporate workforce

National Mortgage
Mortgage Finance
3 years ago

Envoy Mortgage had its third round of layoffs the week before Thanksgiving, according to employees impacted.The company shed close to,.. Read More;

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Purchase applications pick up over Thanksgiving stretch

National Mortgage
Mortgage Finance
3 years ago

Mortgage applications decreased following a two-week rebound as a continued uptick in purchases was offset by an even greater decline,.. Read More;

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A housing crash is coming, many consumers believe

National Mortgage
Mortgage Finance
3 years ago

A significant share of Americans — 41% — believe the housing market is headed for a crash in the next,.. Read More;

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Mr. Cooper servicing unit accused of deceit in COVID loss mitigation

National Mortgage
Mortgage Finance
3 years ago

A pair of borrowers are suing Mr. Cooper for denying them a pandemic-related loss mitigation plan, accusing the firm's servicing,.. Read More;

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U.S. pending home sales drop for a fifth month on higher rates

National Mortgage
Mortgage Finance
3 years ago

A home under construction in the Woodbridge subdivision in Sumter, South Carolina, U.S., on Tuesday, July 6, 2021. U.S. pending,.. Read More;

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HUD extends some relief for reverse mortgage payments

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration has further extended some of the leeway it gave distressed consumers with reverse mortgages and servicers,.. Read More;

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Streamlined refinancing could help more homeowners, mortgage bankers tell CFPB

National Mortgage
Mortgage Finance
3 years ago

Mortgage refinancings that limit underwriting requirements could help more borrowers lock in lower rates, the Mortgage Bankers Association said in,.. Read More;

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Why the lending industry needs to make homeownership more inclusive

National Mortgage
Mortgage Finance
3 years ago

The homeownership gap between Black and white populations has widened in the years since the Great Recession, putting obstacles in,.. Read More;

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The truth about attorney opinion letters

National Mortgage
Mortgage Finance
3 years ago

In a challenging time for the mortgage industry, there is some good news: The FHFA, Fannie Mae and Freddie Mac,.. Read More;

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2023 conforming loan limit to rise 12%, topping $1M in some areas

National Mortgage
Mortgage Finance
3 years ago

In 2023, Fannie Mae, Freddie Mac and the Federal Home Loan Banks will buy home loans as pricey as $726,200,.. Read More;

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Home prices drop for third straight month as U.S. market cools

National Mortgage
Mortgage Finance
3 years ago

The U.S. housing market pulled back even more in September, with prices slipping 1.2% from a month earlier.It was the,.. Read More;

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Lenders share their game plans for a difficult stretch

National Mortgage
Mortgage Finance
3 years ago

Buydowns, cash offers and rate lock programs can entice prospective homebuyers to move forward in a sluggish market.,.. Read More;

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