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Mountain West Financial ends wholesale lending

National Mortgage
Mortgage Finance
3 years ago

Another mortgage lender is shutting down its wholesale channel.Redlands, California-based Mountain West Financial stopped accepting loans last week and loans,.. Read More;

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Cornerstone Home's bank buy gets final approvals

National Mortgage
Mortgage Finance
3 years ago

Cornerstone Home Lending moved one step closer to completing the acquisition of Roscoe (Texas) State Bank following receipt of all,.. Read More;

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5 housing supply developments impacting the mortgage industry

National Mortgage
Mortgage Finance
3 years ago

A Zillow survey indicates that housing supply is slowly returning to pre-pandemic 2019 levels but may not reach them until,.. Read More;

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Mortgage volumes fall for a third straight week

National Mortgage
Mortgage Finance
3 years ago

Mortgage volumes plunged even further last week after hitting a 22-year low earlier in the month, according to the Mortgage,.. Read More;

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FHFA to launch probe of Federal Home Loan banks this fall

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Financing Agency will conduct a comprehensive review of the Federal Home Loan Bank System this fall.FHFA Director,.. Read More;

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Closing, document gathering issues weigh on borrower views of lenders

National Mortgage
Mortgage Finance
3 years ago

Problems with document collection and processing, in addition to snags in the closing process, damage borrower opinions of the mortgage,.. Read More;

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Freddie Mac's credit risk transfers set records for 2Q, first half

National Mortgage
Mortgage Finance
3 years ago

Freddie Mac on Tuesday reported that its single-family credit risk transfer activity set records for the second quarter and first,.. Read More;

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Home price growth is cooling down, FHFA finds

National Mortgage
Mortgage Finance
3 years ago

While home prices are elevated compared to one year ago, home price growth has slowed, affording buyers some leverage, reports,.. Read More;

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Bank of America aims mortgages, CRE loans at women and minorities

National Mortgage
Mortgage Finance
3 years ago

Two new Bank of America lending programs seek to promote homeownership among minority borrowers as well as incentivize economic development,.. Read More;

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Troubled Impac receives stock delisting notice

National Mortgage
Mortgage Finance
3 years ago

Impac Mortgage Holdings received a notice from the NYSE American exchange — a marketplace for publicly traded small cap companies,.. Read More;

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Real estate mogul lied to Quicken Loans, jury finds

National Mortgage
Mortgage Finance
3 years ago

A Bay Area real estate mogul with political ties has been convicted of two charges including fraud for lying about,.. Read More;

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First-time home buyers see some hurdles lowered as others rise

National Mortgage
Mortgage Finance
3 years ago

The slowing in residential real estate hasn't helped with affordability in the entry-level market but  it has slightly relieved competition,.. Read More;

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