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Ginnie Mae provides expanded loan buyout authority for disasters

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae on Monday gave its securitization issuers expanded authority to buy out loans from securitized pools affected by Hurricane,.. Read More;

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Florida toll from storm rises

National Mortgage
Mortgage Finance
3 years ago

A destroyed house at San Carlos Island following Hurricane Ian in Fort Myers, Florida, US, on Oct. 2.Eva Marie Uzcategui/Bloomberg,.. Read More;

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Manhattan's housing market is starting to cool with sales stalling

National Mortgage
Mortgage Finance
3 years ago

The Manhattan skyline from Gantry Plaza State Park in the Long Island City neighborhood in the Queens borough of New,.. Read More;

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Clarifire, IndiSoft loop HUD counselors in on loss mitigation

National Mortgage
Mortgage Finance
3 years ago

Clarifire and IndiSoft on Monday announced they've partnered on technology that facilitates third-party counseling in the loss mitigation process, drawing,.. Read More;

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Two top Rocket executives retiring

National Mortgage
Mortgage Finance
3 years ago

A pair of top executives at Rocket Companies announced plans to retire during the fourth quarter, although both will remain,.. Read More;

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UWM rollouts include title policy alternative product

National Mortgage
Mortgage Finance
3 years ago

United Wholesale Mortgage is rolling out a product that will allow brokers to bypass their need for title insurance. Title Review,.. Read More;

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Why Ginnie Mae's capital rules have remained a sticking point for some

National Mortgage
Mortgage Finance
3 years ago

While broader counterparty rules were recently reworked in consultation with the industry, questions persist regarding one subset from the government,.. Read More;

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U.S. home prices now posting biggest monthly drops since 2009

National Mortgage
Mortgage Finance
3 years ago

Home prices in the U.S. have taken a turn and are now posting the biggest monthly declines since 2009. Median home,.. Read More;

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Ian's wrath slams real estate as industry weighs climate risk

National Mortgage
Mortgage Finance
3 years ago

Hurricane Ian's devastation could cost as much as $47 billion in damages to residential and commercial properties, affecting nearly 900,000,.. Read More;

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Home price appreciation slows to pre-pandemic rate

National Mortgage
Mortgage Finance
3 years ago

Over the course of the pandemic, home values have skyrocketed — in some cases jumping by 30% over two years.,.. Read More;

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Mortgage payments for recent buyers reach high point

National Mortgage
Mortgage Finance
3 years ago

The 31% increase in mortgage rates over the past six weeks drove the typical monthly loan payment up 15% during,.. Read More;

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Fed's Brainard: Global rate hikes could threaten financial stability

National Mortgage
Mortgage Finance
3 years ago

As central banks around the world work to combat rampant inflation, the tightening of monetary policy could become a threat,.. Read More;

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