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Layoffs hit three more mortgage lenders

National Mortgage
Mortgage Finance
4 years ago

Another lender has confirmed that it will be terminating dozens of employees amid dwindling origination volume. North Carolina-based Wyndham Capital Mortgage,.. Read More;

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5 signs homebuyer demand is slowing, according to Redfin

National Mortgage
Mortgage Finance
4 years ago

But it's far too early to declare the market to be down and out, especially as employment stays strong and,.. Read More;

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Austin loses pandemic-boomtown halo with out-of-town homebuyers

National Mortgage
Mortgage Finance
4 years ago

Austin, Texas, the hottest U.S. pandemic boomtown, is suddenly losing popularity with out-of-town home shoppers.It’s a rapid shift, brought on,.. Read More;

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How to manage quality in a hot MSR market

National Mortgage
Mortgage Finance
4 years ago

Even as mortgage servicing rights transfers set new records, the sheer number of loans on the books represents a positive,.. Read More;

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Freddie Mac, MBA, Cenlar, Floify appoint, promote new leaders

National Mortgage
Mortgage Finance
4 years ago

Also, Inlanta names its CEO, American Financial welcomes back a past president and Deephaven keeps growing.,.. Read More;

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Wells Fargo faces criminal probe over interview practices: Report

National Mortgage
Mortgage Finance
4 years ago

Federal prosecutors have started probing Wells Fargo’s hiring procedures after a report about “fake interviews” the company held for nonwhite,.. Read More;

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Credit conditions expected to weaken this year: Bank economists

National Mortgage
Mortgage Finance
4 years ago

Bank economists are starting to sour on the possibility of robust loan growth for the rest of the year, as,.. Read More;

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FDIC study finds minorities pay thousands more to refinance

National Mortgage
Mortgage Finance
4 years ago

A study by the Federal Deposit Insurance Corp. has found that Black and Hispanic home loan applicants are denied conventional,.. Read More;

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Lumber price gets chopped in half amid chill in housing markets

National Mortgage
Mortgage Finance
4 years ago

Lumber futures slid to the cheapest since September as rising interest rates put a damper on the housing market.Lumber futures,.. Read More;

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Mortgage servicing concentrated in the Midwest goes up for bid

National Mortgage
Mortgage Finance
4 years ago

An unnamed seller put nearly $817 million in agency servicing rights with an unusual geographic concentration up for sale on,.. Read More;

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Mortgage credit availability at 11-month low

National Mortgage
Mortgage Finance
4 years ago

Mortgage product availability tightened for the third consecutive month, falling to its lowest level since last July, the Mortgage Bankers,.. Read More;

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Homeowners buying two properties in bet that hybrid work sticks

National Mortgage
Mortgage Finance
4 years ago

Hybrid work schedules are spawning a hybrid housing trend.Real estate agents nationwide report that their clients are increasingly opting for,.. Read More;

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