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Mortgage rates fall as recession fears rise

National Mortgage
Mortgage Finance
4 years ago

After three straight weeks of increases, mortgage rates retreated over the past seven days, as investors pondered how Federal Reserve,.. Read More;

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States can play hardball with credit reporting bureaus, CFPB says

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau on Tuesday gave states permission to enforce their own credit reporting laws that may be,.. Read More;

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House prices are rising faster in disaster-prone areas

National Mortgage
Mortgage Finance
4 years ago

Homebuyers are not deterred from purchasing properties in areas where natural disasters are increasingly probable. In fact, those more vulnerable,.. Read More;

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Loan mods more than doubled in Q1, narrowing gap with deferrals

National Mortgage
Mortgage Finance
4 years ago

Loan modification numbers at government-sponsored enterprises Fannie Mae and Freddie Mac expanded notably in the first quarter, confirming other recent,.. Read More;

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Black entrepreneurs take aim at racial wealth gap by starting mortgage fintech

National Mortgage
Mortgage Finance
4 years ago

A fintech startup launching this Labor Day is looking to chip away at the racial wealth and homeownership gaps by,.. Read More;

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Mortgage fintech Lower sued over data breach

National Mortgage
Mortgage Finance
4 years ago

A customer whose Social Security number was compromised in a hack at mortgage fintech Lower has filed a class action,.. Read More;

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Refinance apps are 80% below their 2021 level

National Mortgage
Mortgage Finance
4 years ago

Mortgage activity edged up by a fraction over the holiday week, as refinances increased but now sit at just one-fifth,.. Read More;

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Freddie Mac automating rent-based underwriting for single-family loans

National Mortgage
Mortgage Finance
4 years ago

Freddie Mac on Wednesday announced that it’ll make it possible to submit loans for automated underwriting based on 12-months of,.. Read More;

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First Guaranty cuts 75% of its workforce

National Mortgage
Mortgage Finance
4 years ago

First Guaranty Mortgage Corp. gutted its workforce Friday in one of the largest and swiftest industry layoffs this year, blaming,.. Read More;

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Five ways the CFPB could rein in Facebook

National Mortgage
Mortgage Finance
4 years ago

Rohit Chopra, the director of the Consumer Financial Protection Bureau, is laying the groundwork to rein in Facebook and other,.. Read More;

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Prestwick puts $1.6B in mortgage servicing rights up for bid

National Mortgage
Mortgage Finance
4 years ago

A $1.6 billion portfolio of servicing rights with some unusual geographic concentrations and a nearly 2.63% delinquency rate went up,.. Read More;

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Roostify, Indecomm team up to streamline income verification

National Mortgage
Mortgage Finance
4 years ago

Mortgage point-of-sale fintech Roostify has added income-calculation technology from automation specialist Indecomm to its platform, in an effort to streamline,.. Read More;

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