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Fed to inflict more pain on economy as it readies big rate hike

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve will probably have to inflict much more pain on the economy to get inflation under control.Growth is,.. Read More;

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How to pivot from mortgage broker to banker with digital tools

National Mortgage
Mortgage Finance
4 years ago

As the mortgage industry weathers its current cycle, experiencing both elevated rates relative to the last decade and scarce residential,.. Read More;

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TransUnion fights CFPB 'Groundhog Day' lawsuit

National Mortgage
Mortgage Finance
4 years ago

TransUnion, one of the three large credit bureaus, never wanted to be in litigation with its regulator the Consumer Financial,.. Read More;

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Climate change protections found in over half of state LIHTC plans

National Mortgage
Mortgage Finance
4 years ago

More than half of state low-income housing tax credit programs have provisions for climate change-resistant features in apartment buildings, according,.. Read More;

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Loan officers can expect signing bonuses to stay but shrink

National Mortgage
Mortgage Finance
4 years ago

Although leaner margins will drive down loan-officer signing bonuses, they remain a key piece of lenders’ plans to source talent,,.. Read More;

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More borrowers self-serve, but those who dont make longer calls

National Mortgage
Mortgage Finance
4 years ago

Digital servicing strategies have reduced the number of calls mortgage companies handle, particularly amid the pandemic, however, the extent to,.. Read More;

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PrimeLending and Waterstone buck mortgage originations trend

National Mortgage
Mortgage Finance
4 years ago

A pair of bank holding companies with significant mortgage operations bucked second quarter industry trends by reporting increased volume from,.. Read More;

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First Guaranty floating bonuses to counter attrition

National Mortgage
Mortgage Finance
4 years ago

First Guaranty Mortgage Corp. is proposing millions of dollars in bonuses for executives and staff to meet winddown goals as,.. Read More;

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Builder D.R. Horton steps up buyer incentives as demand slows

National Mortgage
Mortgage Finance
4 years ago

D.R. Horton Inc. tempered its expectations for home sales and said it’s granting more buyer incentives to help navigate a,.. Read More;

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Powell seen slowing Feds hikes after 75 basis points next week

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second,.. Read More;

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BofAs Moynihan says bank is sticking to its original hiring plans

National Mortgage
Mortgage Finance
4 years ago

Bank of America is keeping to its original hiring plans despite challenging economic conditions that have prompted others to pull,.. Read More;

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Mortgage volume forecasts shrink due to sinking economy

National Mortgage
Mortgage Finance
4 years ago

Mortgage industry economists have downgraded their outlooks for U.S. gross domestic product growth, and the resulting uncertainty led to a,.. Read More;

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