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Libor transition progresses, but hurdles remain for legacy loans

National Mortgage
Mortgage Finance
4 years ago

The banking industry’s transition away from the scandal-plagued Libor interest rate benchmark is largely proceeding smoothly, though many companies are,.. Read More;

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Finance of America Mortgage president leaves post in reorg

National Mortgage
Mortgage Finance
4 years ago

The president of Finance of America Mortgage, industry veteran Bill Dallas, has left his executive post to become an independent,.. Read More;

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Forbearances up in latest week, but down from last month

National Mortgage
Mortgage Finance
4 years ago

Forbearance has risen from a low reached earlier in March due to new activity and a processing lull in the,.. Read More;

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CFPB expands its authority to punish banks for discrimination

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau has declared that discrimination associated with any financial product — not just credit — is,.. Read More;

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All Cal Financial joins InstaMortgage

National Mortgage
Mortgage Finance
4 years ago

All Cal Financial, a mortgage brokerage based in Soquel, California, has merged into InstaMortgage, bringing the latter company up to,.. Read More;

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Bidding wars hit record-high in February, Redfin says

National Mortgage
Mortgage Finance
4 years ago

The percentage of multiple bids made on homes for sale in February hit a record high as the inventory continues,.. Read More;

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Sales of U.S. previously owned homes decline to a six-month low

National Mortgage
Mortgage Finance
4 years ago

A prospective home buyer tours a house for sale in Dunlap, Illinois. Photographer: Daniel Acker/BloombergDaniel Acker/BloombergSales of previously owned U.S.,.. Read More;

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Deephaven, First American and AmeriSave name new chief officers

National Mortgage
Mortgage Finance
4 years ago

Also, loanDepot promotes within its marketing division, BSI Financial aims to grow lending operations and NAREB appoints executive director.,.. Read More;

post

3 mortgage-related takeaways about the Fed rate hike

National Mortgage
Mortgage Finance
4 years ago

The effect is likely to be felt in consumer debt burdens and application misrepresentations, industry leaders say.,.. Read More;

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Figure sells eNote mortgages as NFTs in blockchain marketplace

National Mortgage
Mortgage Finance
4 years ago

Figure Technologies announced that it has sold digital mortgages to an asset management giant using blockchain technology, a first-of-its-kind transaction,.. Read More;

post

Wells Fargo pressed by senators on race disparity in refinancing

National Mortgage
Mortgage Finance
4 years ago

Pedestrians pass in front of a Wells Fargo & Co. bank branch at night in New York.Craig Warga/Photographer: Craig Warga/BloombSenate,.. Read More;

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New-home loan apps, sales estimates drop as starts surge

National Mortgage
Mortgage Finance
4 years ago

Both applications for builder-home loans and new-house sale estimates dropped in February, despite the fact that residential construction starts surged,.. Read More;

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