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Rocket offers buyout to 8% of mortgage, title workers

National Mortgage
Mortgage Finance
4 years ago

Rocket Cos. is the latest mortgage industry participant to undertake a staff reduction, with the company confirming an internal announcement,.. Read More;

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Sales of new U.S. homes drop to lowest in four months

National Mortgage
Mortgage Finance
4 years ago

New homes under construction in Tucson, Arizona. Photographer: Rebecca Noble/BloombergRebecca Noble/Bloomberg Sales of new U.S. homes fell in,.. Read More;

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Treasury tax season provides preview of Feds balance sheet unwind

National Mortgage
Mortgage Finance
4 years ago

The Treasury’s latest tax collection may preview how the shrinking of the Federal Reserve’s $9 trillion balance sheet, or quantitative,.. Read More;

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Investment property backs $418.4 million MBS offering from Oceanview

National Mortgage
Mortgage Finance
4 years ago

A pool of mortgage loans designated for the borrowers’ investment purposes will collateralize a $418.4 million mortgage-backed securitization (MBS), in,.. Read More;

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Black Knights new offering examines appraisal comps for bias

National Mortgage
Mortgage Finance
4 years ago

As federal regulators are ramping up their efforts to eliminate racial bias in the home valuation process, Black Knight introduced,.. Read More;

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Homebuyers slow search process to start 2022

National Mortgage
Mortgage Finance
4 years ago

The combination of affordability and rate pressures pushed active home searches down to pre-pandemic levels in the first quarter this,.. Read More;

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Margin call requirement in FHFA proposal draws concern

National Mortgage
Mortgage Finance
4 years ago

A liquidity requirement recommended in response to risk that arose during the initial pandemic-related market disruption in 2020 was among,.. Read More;

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CFPB invokes authority to examine nonbank fintechs

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau said it will conduct supervisory exams of nonbank fintech companies that pose risks to consumers,.. Read More;

post

Home construction stalls rose 47% during the pandemic

National Mortgage
Mortgage Finance
4 years ago

The coronavirus pandemic and its ripple effects contributed to a 47% rise in stalled housing construction projects nationwide between 2019-21,,.. Read More;

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Why is there no uniformity to the definition of origination fees?

National Mortgage
Mortgage Finance
4 years ago

If there's one constant with home buying, it’s that no two mortgages are the same. When looking for a home,.. Read More;

post

How fraudsters target mortgage lending

National Mortgage
Mortgage Finance
4 years ago

With large banks establishing strong security infrastructure, cybercriminals are eyeing smaller and mid sized companies as their next victims.,.. Read More;

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Delinquencies ride economic tailwinds to record lows in March

National Mortgage
Mortgage Finance
4 years ago

The national mortgage delinquency rate hit a record low in March as economic tailwinds helped previously past-due borrowers to make,.. Read More;

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