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Figure Technologies, Homebridge end merger plans

National Mortgage
Mortgage Finance
4 years ago

Figure Technologies and mortgage banker Homebridge Financial Services have nixed their planned merger, citing delays in completing this transaction.The firms,.. Read More;

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Mortgage economist Frank Nothaft dies suddenly

National Mortgage
Mortgage Finance
4 years ago

Frank Nothaft, the dapper chief economist for CoreLogic, died suddenly on June 5 of unknown causes. Published reports said he,.. Read More;

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Borrowers have a record $11 trillion in tappable equity

National Mortgage
Mortgage Finance
4 years ago

Escalating home prices delivered a record gain of $1.2 trillion in tappable equity to borrowers in the first quarter of,.. Read More;

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Will regulators warnings chill lenders use of AI?

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau recently issued a fresh warning to lenders that use artificial intelligence in lending decisions, saying,.. Read More;

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Wildfire threat hasnt deterred purchases in higher-risk areas

National Mortgage
Mortgage Finance
4 years ago

Despite climate risk concerns, buyers have not shied away from homes in fire-prone areas. In fact, prices for homes in,.. Read More;

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Fed delivers fuzzier rate message as it gauges impact of hikes

National Mortgage
Mortgage Finance
4 years ago

With half-point interest-rate increases all but certain in June and July, Federal Reserve officials are shifting the focus away from,.. Read More;

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Ginnie Mae may allow commingling of electronic and paper notes

National Mortgage
Mortgage Finance
4 years ago

Ginnie Mae is exploring the possibility of commingling paper and electronic promissory notes in securitized mortgage pools it insures, something,.. Read More;

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Movement Mortgage agrees to resolve discrimination claims

National Mortgage
Mortgage Finance
4 years ago

Movement Mortgage agreed to resolve racial discrimination and disparate treatment claims by allocating $75,000 to organizations working toward equitable housing,.. Read More;

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As mortgage market cools, fraud risk heats up

National Mortgage
Mortgage Finance
4 years ago

With rising interest rates cooling down the mortgage market, researchers warn the risk of mortgage fraud may be heating up.Risky,.. Read More;

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Mortgage jobs recorded small seasonal gain despite layoffs

National Mortgage
Mortgage Finance
4 years ago

The latest estimates for mortgage banker and broker payrolls show lukewarm interest in hiring as the spring homebuying season got,.. Read More;

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Conviction in 10-year long mortgage fraud scheme

National Mortgage
Mortgage Finance
4 years ago

A 50-year-old Salem, Massachusetts man who orchestrated a 10-year mortgage fraud scheme involving fraudulent loan transactions totaling $6.5 million and,.. Read More;

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Bank economists advise caution but don't expect a recession

National Mortgage
Mortgage Finance
4 years ago

The U.S. economy will slow this year and through 2024 but avoid recession, despite a cavalcade of threats that include,.. Read More;

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