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Fed officials weigh shrinking balance sheet by $95 billion/month

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve signaled it will reduce its massive bond holdings at a maximum pace of $95 billion a month,,.. Read More;

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Mortgage volumes down by over 40% compared to a year ago

National Mortgage
Mortgage Finance
4 years ago

Mortgage volumes declined for the fourth week in a row, according to the Mortgage Bankers Association.The MBA’s Market Composite Index,,.. Read More;

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Bitcoin-collateralized mortgage launched by cryptofinance firm

National Mortgage
Mortgage Finance
4 years ago

Another company has joined in the mortgage industry’s efforts to incorporate digital currencies in home lending.XBTO Group, a Miami-based crypto,.. Read More;

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Black Knight exploring a potential sale following takeover interest

National Mortgage
Mortgage Finance
4 years ago

Mortgage lending software and analytics provider Black Knight Inc. is exploring a potential sale after receiving takeover interest, according to,.. Read More;

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How bad are weather disasters for banks? Not very, study finds

National Mortgage
Mortgage Finance
4 years ago

Researchers at the Federal Reserve Bank of New York sought to find out how badly banks’ bottom lines have been,.. Read More;

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Younger buyers seek alternatives to traditional home buying

National Mortgage
Mortgage Finance
4 years ago

Younger buyers are more willing to purchase a home at auction than their older contemporaries, as affordability challenges continue to,.. Read More;

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CFPB files amicus brief in Wells Fargo servicing lawsuit

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau on Monday filed an amicus brief in a 9th U.S. Circuit Court of Appeals lawsuit,.. Read More;

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Manhattan home buyers see more bidding wars in still-hot market

National Mortgage
Mortgage Finance
4 years ago

Manhattan apartment sales continued their hot streak in the first quarter, with rising demand clashing up against an inventory crunch,.. Read More;

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Perpetrator of $60 million refinancing fraud scheme sentenced

National Mortgage
Mortgage Finance
4 years ago

A New Jersey man who defrauded lenders and investors of at least $60 million has been sentenced to 97 months,.. Read More;

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Single-family rentals secure $1.2 billion FirstKey transaction

National Mortgage
Mortgage Finance
4 years ago

Single-family rental (SFR) properties are serving as collateral for a $1.2 billion securitization from the FirstKey Homes 2022-SFR1 trust.It is,.. Read More;

post

Fannie Mae incentivizes voucher acceptance by multifamily borrowers

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae is starting to offer pricing incentives to multifamily borrowers if they accept Department of Housing and Urban Development,.. Read More;

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Federal Home Loan banks' purpose called into question as advances drop

National Mortgage
Mortgage Finance
4 years ago

As banks rack up record levels of deposits, the Federal Home Loan banks' core business of providing liquidity to member,.. Read More;

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