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Senators call for more data backing appraisal bias proposals

National Mortgage
Mortgage Finance
4 years ago

Bipartisan lawmakers Thursday called on the Biden Administration’s task force on combating home appraisal bias to release more data backing,.. Read More;

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Declining mortgage affordability quantified in new index

National Mortgage
Mortgage Finance
4 years ago

Affordability for home buyers decreased in February by 6.3% from the month before, according to a new monthly metric from,.. Read More;

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Feds Waller says inflation measures risk understating housing costs

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Governor Christopher WallerAndrew Harrer/BloombergFederal Reserve Governor Christopher Waller said longer-run structural issues will continue to put upward pressure,.. Read More;

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Treasury market braces for Feds quantitative tightening

National Mortgage
Mortgage Finance
4 years ago

Joshua Roberts/BloombergA fresh wave of volatility threatens the battered U.S. Treasury market — and this time it’s all thanks to,.. Read More;

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Mortgage rates surge to 3-year high following Fed hike

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates accelerated following last week’s Federal Reserve meeting, with the 30-year average now at its highest in over three,.. Read More;

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Mr. Cooper agrees to buy servicing assets from Bayview unit

National Mortgage
Mortgage Finance
4 years ago

Mr. Cooper has signed a definitive agreement with a Bayview Asset Management subsidiary to buy servicing of approximately 140,000 residential,.. Read More;

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Rise in wire fraud partially attributed to exhausted home buyers

National Mortgage
Mortgage Finance
4 years ago

With potential buyers becoming more desperate to secure a property, the hot housing market has been a driving force in,.. Read More;

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Mortgage loan modifications rose 40% in 4Q: OCC

National Mortgage
Mortgage Finance
4 years ago

Serious delinquencies improved in the fourth quarter of 2021 but modifications and foreclosure starts rose as borrowers exited forbearance in,.. Read More;

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U.S. new-home sales declined in February for a second month

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may,.. Read More;

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Rising rates send mortgage volumes downward for a second week

National Mortgage
Mortgage Finance
4 years ago

Mortgage volumes decreased for the sixth time in seven weeks, as spiking interest rates suppressed borrower demand, according to the,.. Read More;

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White House releases plan for combating inequities in appraisals

National Mortgage
Mortgage Finance
4 years ago

An interagency task force released a plan for combating discrimination in the appraisal industry in conjunction with the White House,.. Read More;

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Removing medical collections from credit data should raise scores

National Mortgage
Mortgage Finance
4 years ago

A change by credit-reporting agencies on how medical-collection data are handled will likely benefit consumers seeking a mortgage, but to,.. Read More;

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