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Michigan bank close to putting mortgage lending disaster behind it

National Mortgage
Mortgage Finance
3 years ago

It's not often a $6 million penalty is the light at the end of the tunnel. But for Sterling Bancorp,.. Read More;

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Ian aftermath even harder to fix with supply chain tattered

National Mortgage
Mortgage Finance
3 years ago

People walk on a flooded street at a trailer park following Hurricane Ian in Fort Myers, Florida, US, on Thursday,,.. Read More;

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Gordon touts FHA's role promoting housing opportunities

National Mortgage
Mortgage Finance
3 years ago

While Federal Housing Commissioner Julia Gordon addressed using the FHA to expand homeownership opportunities, her presentation at a virtual industry,.. Read More;

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Origin Protocol, Roofstock to buy, sell homes using NFTs on blockchain

National Mortgage
Mortgage Finance
3 years ago

Origin Protocol and Roofstock have announced a new marketplace for single-family rental homes that can be bought and sold through,.. Read More;

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Stakeholders detail their progress on combating appraisal bias

National Mortgage
Mortgage Finance
3 years ago

Stakeholders looking to curb appraisal bias report some progress in using technology and training diverse candidates, but the field still,.. Read More;

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Fannie Mae appoints affordable housing leader Almodovar as CEO

National Mortgage
Mortgage Finance
3 years ago

Government-sponsored enterprise Fannie Mae has tapped affordable housing veteran Priscilla Almodovar as its new CEO. With a professional background that includes,.. Read More;

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Angel Oak Mortgage names Sreeni Prabhu CEO in leadership change

National Mortgage
Mortgage Finance
3 years ago

Angel Oak Mortgage, a real estate investment trust active in the acquisition and securitization of non-QM loans, appointed Sreeni Prabhu,.. Read More;

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Federal Home Loan banks should include nonbank lenders, advocates say

National Mortgage
Mortgage Finance
3 years ago

The Federal Home Loan Bank System must do more to address the affordable housing crisis and should consider allowing nonbank,.. Read More;

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Bank regulators to provide supervisory relief in wake of hurricanes

National Mortgage
Mortgage Finance
3 years ago

State and federal regulators are encouraging banks to work with borrowers hit hardest by Hurricanes Fiona and Ian this month.The,.. Read More;

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Ginnie Mae sets sights on a permanent liquidity facility

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae has taken steps to help make financing for issuer liquidity available in recent years, including during the pandemic,,.. Read More;

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Judge reverses Trump-era HMDA rule, forcing small mortgage lenders to comply

National Mortgage
Mortgage Finance
3 years ago

In a blow to small community banks, a federal judge reversed a rule enacted by the Consumer Financial Protection Bureau,.. Read More;

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Delinquencies inch up as borrowers struggle with payments

National Mortgage
Mortgage Finance
3 years ago

Delinquencies slightly bounced up in the month of July, but were 1.2% lower on a year-over-year basis, a monthly report,.. Read More;

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