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Pandemic loss mitigation had a 10% redefault rate in June

National Mortgage
Mortgage Finance
4 years ago

Early numbers suggest mortgages in COVID-19 loss mitigation programs will have a 10% redefault rate, according to the Federal Reserve,.. Read More;

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7 regulation and compliance issues facing the mortgage industry

National Mortgage
Mortgage Finance
4 years ago

From a debate on credit scoring models to a CFPB warning to servicers about their handling of Homeowner Assistance funds,,.. Read More;

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AnnieMac buys OVM to expand mid-Atlantic coverage

National Mortgage
Mortgage Finance
4 years ago

AnnieMac Home Mortgage, a nationwide lender based in Mount Laurel, New Jersey, is expanding its mid-Atlantic reach through its acquisition,.. Read More;

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Regulators should support adoption of fair-lending algorithms

National Mortgage
Mortgage Finance
4 years ago

In 1869, the English judge Baron Bramwell rejected the idea that “because the world gets wiser as it gets older,,.. Read More;

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Angel Oak, Roostify, Guaranteed Rate make leadership moves

National Mortgage
Mortgage Finance
4 years ago

Also, Xactus, iEmergent add to their C-suites, Planet Home grows its team and Longbridge Financial finds a chief operating officer.,.. Read More;

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Home sellers are slashing prices in sudden halt to pandemic boom

National Mortgage
Mortgage Finance
4 years ago

The turn in the U.S. housing market has been sharp and swift. Just ask Karlyn and Jack Stenhjem, would-be downsizers,.. Read More;

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FHFA implements fee but may revisit capital framework that includes it

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency is moving ahead with a controversial new charge for now, but it’s simultaneously exploring alternatives,.. Read More;

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Ocwen deal and Ginnie Mae milestone point to FHLB program focus

National Mortgage
Mortgage Finance
4 years ago

A milestone in Ginnie Mae’s issuance under the Federal Home Loan Bank of Chicago’s Mortgage Partnership Finance program, and a,.. Read More;

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Retention LOs deserve more R-E-S-P-E-C-T

National Mortgage
Mortgage Finance
4 years ago

Retention mortgage loan originators are the Rodney Dangerfields of the mortgage ecosystem: they work hard but they “get no respect.” As,.. Read More;

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First Guaranty sued for gender discrimination, retaliation

National Mortgage
Mortgage Finance
4 years ago

Three women formerly employed by First Guaranty Mortgage Corp. are suing the lender for gender discrimination and retaliation, alleging that,.. Read More;

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4M baby boomer homes should hit market each year till 2032

National Mortgage
Mortgage Finance
4 years ago

Twinster Photo/twinsterphoto - stock.adobe.com Aging baby boomers leaving their existing homes either through downsizing or death will have,.. Read More;

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First Guaranty files for bankruptcy

National Mortgage
Mortgage Finance
4 years ago

First Guaranty Mortgage Corp. filed for bankruptcy Thursday, seeking Chapter 11 protection less than a week after it laid off,.. Read More;

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