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Wells Fargo's latest financial blow shows its regulatory woes are hard to forecast

National Mortgage
Mortgage Finance
3 years ago

If Wells Fargo were a regular bank — not one that intermittently takes large hits tied to regulatory troubles —,.. Read More;

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Texas assistance fund offering future mortgage payments

National Mortgage
Mortgage Finance
3 years ago

Eligible Texas homeowners are able to apply for aid from a state-run fund that will provide future mortgage payments for,.. Read More;

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Non QM performance wavered in 3Q

National Mortgage
Mortgage Finance
3 years ago

Non-qualified mortgages in the securitized market exhibited some mixed performance over the summer, according to a DBRS Morningstar report published,.. Read More;

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Recession or reset? Housing economists are divided

National Mortgage
Mortgage Finance
3 years ago

Housing economists are divided about whether the U.S. is currently in a recession.Four national housing market experts presented their economic,.. Read More;

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HELOC hesitancy among consumers is real, a new survey finds

National Mortgage
Mortgage Finance
3 years ago

While home-equity products this year have entered the spotlight as high mortgage rates drive refinance volumes to their lowest point,.. Read More;

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Chase, Wells mortgage results benefit from higher margins

National Mortgage
Mortgage Finance
3 years ago

While mortgage origination activity came in below expectations at both JPMorgan Chase and Wells Fargo, both benefited from higher per,.. Read More;

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The share of first-time homebuyers increases by almost 50%

National Mortgage
Mortgage Finance
3 years ago

One group of borrowers is actually benefiting from the high interest rate environment  – first time homebuyers, a report published,.. Read More;

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LoanDepot terminates, reduces more funding agreements

National Mortgage
Mortgage Finance
3 years ago

LoanDepot is reducing its funding capacity for the third time in two months, citing current and projected origination volumes in,.. Read More;

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Equifax adds alternative data to mortgage credit reports

National Mortgage
Mortgage Finance
3 years ago

Credit-reporting agency Equifax announced it would begin including utility, cable and telecommunications payment data in credit reports sent to mortgage,.. Read More;

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New distress nudged the delinquency rate up in latest FHFA data

National Mortgage
Mortgage Finance
3 years ago

The monthly delinquency rate for loans backed by the government sponsored enterprises rose for the first time since May 2020,,.. Read More;

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Western housing markets most vulnerable to price declines

National Mortgage
Mortgage Finance
3 years ago

Housing markets along the West Coast and across the Rocky Mountain region, including Denver, are the most vulnerable to price,.. Read More;

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Odds of recession within next year climb to 60%, survey shows

National Mortgage
Mortgage Finance
3 years ago

Odds now favor that the U.S. economy slipping into a recession within the next year, with economists expecting the labor,.. Read More;

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