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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;

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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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Mortgage rates jump, topping 4%

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates in the U.S. soared, surpassing 4% for the first time in almost three years.The average for a 30-year,.. Read More;

post

Lennar raises forecasts as home orders top estimates

National Mortgage
Mortgage Finance
4 years ago

Bing Guan/BloombergLennar Corp. reported better-than-expected quarterly orders as the record shortage of existing-home listings pushed buyers toward newly built properties.Purchase,.. Read More;

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Wholesalers bring out new nonconforming offerings

National Mortgage
Mortgage Finance
4 years ago

As the potential mortgage origination market shrinks because of rising interest rates, some wholesale lenders are coming out with products,.. Read More;

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Fed, FHFA nominees advance, ending GOP boycott

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Senate Banking Committee approved the confirmation of the Biden administration's nominees for the Federal Reserve Board and,.. Read More;

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Angel Oak Mortgage's 4Q net income slips as rates rise

National Mortgage
Mortgage Finance
4 years ago

Angel Oak Mortgage, a real estate investment trust that securitizes non-qualified mortgage, sourced from its sister companies, reported lower net,.. Read More;

post

Fed to raise short-term rates, shrink balance sheet

National Mortgage
Mortgage Finance
4 years ago

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a live-streamed news conference following a Federal Open Market Committee,.. Read More;

post

First-mortgage default rate rises to 11-month high

National Mortgage
Mortgage Finance
4 years ago

In February, the number of primary mortgages that went into default for the first time rose at the highest rate,.. Read More;

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Mortgage volumes fall amid market uncertainty

National Mortgage
Mortgage Finance
4 years ago

Following a brief surge, mortgage volumes decreased last week, as rate volatility drove down refinance activity, according to the Mortgage,.. Read More;

post

Fed to hike and steepen its rate policy path

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve is poised to raise interest rates Wednesday for the first time since 2018, with investors focused on,.. Read More;

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