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Build-for-rent homes make up a larger share of investor buys

National Mortgage
Mortgage Finance
4 years ago

The onset of COVID helped usher in anoticeable pivot toward build-for-rent purchases by single-family rental providers, at the same time,.. Read More;

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Budget data reinforces need for an FHA premium cut, trade groups say

National Mortgage
Mortgage Finance
4 years ago

The budget proposal from the Department of Housing and Urban Development reinforces the strong profitability of the Federal Housing Administration,.. Read More;

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Mortgage-related fraud indicators rose by over 65% in 2021

National Mortgage
Mortgage Finance
4 years ago

Suspicious activity reports filed by the government-sponsored enterprises, along with loan and finance companies, rose sharply in the past year,,.. Read More;

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Wells Fargo ducks pre-2008 mortgage discrimination suit, for now

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo won an early round in a lawsuit accusing the bank of running a predatory mortgage lending scheme in,.. Read More;

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Home-price appreciation accelerates again in U.S. cities

National Mortgage
Mortgage Finance
4 years ago

U.S. home-price appreciation accelerated in January.A measure of prices in 20 U.S. cities jumped 19.1%, up from 18.6% the previous,.. Read More;

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Single-family rental deals turn in mixed performances in recent months

National Mortgage
Mortgage Finance
4 years ago

Rent growth had increased among single-borrower, single-family rental (SFR) securitizations and for vacant-to-occupied properties, and average vacancy rates had also,.. Read More;

post

CFPBs Chopra promises crackdown on repeat offenders

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau plans to crack down on repeat industry offenders by potentially banning business practices, forcing the,.. Read More;

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Nonbanks dominate top 2021 mortgage lender list

National Mortgage
Mortgage Finance
4 years ago

An analysis of Home Mortgage Disclosure Act data reveals that banks continue to trail nonbanks in volume and another reveals,.. Read More;

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Home inventory wont return until at least 2024: Zillow

National Mortgage
Mortgage Finance
4 years ago

It will take several years before the supply of homes for sale returns to pre-pandemic levels, but the market will,.. Read More;

post

Pennymac plans job cuts in California

National Mortgage
Mortgage Finance
4 years ago

Pennymac will permanently cut 236 California positions in early May, according to Worker Adjustment and Retraining Notification reports filed earlier,.. Read More;

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New Wells Fargo credit card gives customers rewards for rent payments

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo will start letting customers earn points and miles on their rent payments as the banking giant deepens its,.. Read More;

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How mortgage lenders are approaching a changed spring season

National Mortgage
Mortgage Finance
4 years ago

Two years of pandemic borrowing is continually reshaping the way lenders do business.Originators produced a record $4.4 trillion in volume,.. Read More;

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