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Mortgage rates rise again with markets in turmoil

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates shot up another 41 basis points for the week ended Sept. 29, according to Freddie Mac, as the,.. Read More;

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Freddie Mac plans for 2023 rollout of special-purpose credit program

National Mortgage
Mortgage Finance
3 years ago

Heightened recognition of the need for greater racial inclusion and a narrowing of the homeownership gap will likely lead to,.. Read More;

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Fed proposes permanent extension of real estate debt leniency

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve wants lenders to remain patient with commercial real estate borrowers that struggle to service their debts.In a,.. Read More;

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U.S. pending home sales dip for seventh time in 2022 as rates rise

National Mortgage
Mortgage Finance
3 years ago

A "Sold" sign in the window of a home under construction in the Ellerbe Estates subdivision in Dalzell, South Carolina,,.. Read More;

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Mr. Cooper executive expects many to sell MSRs due to rate shift

National Mortgage
Mortgage Finance
3 years ago

A wave of mortgage servicing rights sales is likely to emerge due to the impact of the shift in rates,.. Read More;

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Oversight of GSE compensation fell short, inspector general finds

National Mortgage
Mortgage Finance
3 years ago

Shifting personnel and duties at the Federal Housing Finance Agency led to a situation where it failed to properly monitor,.. Read More;

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U.S. Chamber, trade groups sue CFPB over policy to root out discrimination

National Mortgage
Mortgage Finance
3 years ago

The U.S. Chamber of Commerce and six trade groups sued the Consumer Financial Protection Bureau on Wednesday for enacting a,.. Read More;

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Hurricane Ian's damage to Florida homes could total $258.5B

National Mortgage
Mortgage Finance
3 years ago

Rain falls ahead of Hurricane Ian in Fort Myers, Florida, US, on Wednesday, Sept. 28, 2022. Hurricane Ian rapidly gained,.. Read More;

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PNC Bank taps Blend to digitize its mortgage services

National Mortgage
Mortgage Finance
3 years ago

One of the nation's leading bank lenders is partnering with Blend Labs to enhance its digital mortgage application process. Pittsburgh-based PNC,.. Read More;

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Mortgage activity falls, erasing prior week's gains

National Mortgage
Mortgage Finance
3 years ago

 Mortgage volumes decreased for the sixth time in seven weeks, as surging interest rates again drove down borrower incentive, according,.. Read More;

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Deal for Lakeland Bank has an issue lurking beneath the surface

National Mortgage
Mortgage Finance
3 years ago

Provident Financial Services in Iselin, New Jersey, is pursuing a $1.3 billion deal for a rival, Lakeland Bancorp, despite concerns,.. Read More;

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Mortgage-backed security volatility hits taper-tantrum levels

National Mortgage
Mortgage Finance
3 years ago

This year's mortgage-backed securities volatility has hit a new level due to sharp intraday jolts to the broader market from,.. Read More;

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