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Mortgage credit offerings fall to a 9-year low

National Mortgage
Mortgage Finance
4 years ago

For the fifth straight month, mortgage credit tightened with availability falling by the most in over two years to levels,.. Read More;

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UWM touts aggressive pricing promotion as key to future

National Mortgage
Mortgage Finance
4 years ago

An aggressive pricing strategy at United Wholesale Mortgage will sharply drive down gain on sale margins in the current quarter,.. Read More;

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Closing speeds aren't meeting mortgage borrower expectations

National Mortgage
Mortgage Finance
4 years ago

As lenders handled record origination volumes in 2021, their clients came through the mortgage process largely satisfied with their experiences,,.. Read More;

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Home inventory soars at record rate with U.S. buyers pulling back

National Mortgage
Mortgage Finance
4 years ago

The supply of homes for sale across the U.S. grew at a record rate last month, another sign that higher,.. Read More;

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San Francisco 'froth is gone' as wealth fades, housing slumps

National Mortgage
Mortgage Finance
4 years ago

A palatial five-bedroom home built in 1932 with stained-glass windows, hand-carved doors and jaw-dropping hillside views of downtown San Francisco,.. Read More;

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Mortgage insurer earnings grow in 2Q

National Mortgage
Mortgage Finance
4 years ago

Only Essent saw a decline in profitability on a quarter-to-quarter basis during what ended up being a much better period,.. Read More;

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Mortgage players confirm more sweeping layoffs

National Mortgage
Mortgage Finance
4 years ago

Many more mortgage professionals are unemployed after a slew of companies from a fintech startup to publicly traded industry leaders,.. Read More;

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Home buyer sentiment falls to its lowest level since 2011

National Mortgage
Mortgage Finance
4 years ago

Home purchase sentiment tumbled to its lowest point in over a decade, despite an increasing number of indicators pointing to,.. Read More;

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Purchase rate locks drop below pre-pandemic levels

National Mortgage
Mortgage Finance
4 years ago

July's purchase rate lock activity fell to a low not seen since COVID-19 arrived in the United States, according to,.. Read More;

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The FHA is stuck in the horse-and-buggy era

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Administration is the dominant source of affordable single-family mortgage loans for first-time homebuyers and for underserved and,.. Read More;

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Are subprime consumer lenders headed for a reckoning?

National Mortgage
Mortgage Finance
4 years ago

Banking industry executives are confident that their consumer loan portfolios are holding up, but nonbanks that lend to Americans with,.. Read More;

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Guild trims payroll as origination, servicing profits dive

National Mortgage
Mortgage Finance
4 years ago

Dwindling originations and thinning margins slashed profits at Guild Mortgage's parent company by 72% in the second quarter, prompting the,.. Read More;

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