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CFPB issues warning to mortgage servicers on Homeowner Assistance Fund

National Mortgage
Mortgage Finance
4 years ago

While strongly encouraging mortgage servicer participation in Homeowner Assistance Fund programs, a supervisory official at the Consumer Financial Protection Bureau,.. Read More;

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HECM market surged at the start of 2022

National Mortgage
Mortgage Finance
4 years ago

HECM lenders began the year on an upswing, with endorsements industry-wide increasing by 10.5% on a monthly basis in January,,.. Read More;

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Prevent the Uber effect on credit scoring

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Authority’s recent “listening session“ on updating the credit scoring models used by Fannie Mae and Freddie,.. Read More;

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EarnUp's new investors include KeyBank, LendingTree

National Mortgage
Mortgage Finance
4 years ago

Mortgage fintech EarnUp has completed a $31 million Series C funding round, which includes investments from KeyBank and lead generation,.. Read More;

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LoanDepot faces new shareholder lawsuit

National Mortgage
Mortgage Finance
4 years ago

LoanDepot shareholder Tuyet Vu is suing the company for allegedly misleading investors, claiming the firm’s leadership artificially inflated its stock,.. Read More;

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U.S. office buildings face $1.1 trillion obsolescence hurdle

National Mortgage
Mortgage Finance
4 years ago

One of the tallest office towers in St. Louis lost 96% of its appraised value. Denver’s former World Trade Center,.. Read More;

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U.S. rent inflation hits new high

National Mortgage
Mortgage Finance
4 years ago

U.S. rent inflation reached yet another record in January, fueled by red-hot markets such as Miami.Single-family rental prices jumped 12.6%,.. Read More;

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Fintech promises mortgage-free homeownership for $1K per month

National Mortgage
Mortgage Finance
4 years ago

A Bay Area fintech promises to make homeownership without a mortgage possible at just $1K a month, plus other fees,.. Read More;

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How bond market volatility is hitting mortgage lenders

National Mortgage
Mortgage Finance
4 years ago

Rates have alternately slid down in response to geopolitical tensions, then shot up as the Federal Reserve ended quantitative easing,.. Read More;

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Manchin opposes Raskin for Fed vice chair, imperiling confirmation

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — Sen. Joe Manchin of West Virginia will oppose the nomination of Sarah Bloom Raskin to be the Federal,.. Read More;

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MIAC puts $1.1 billion in Ginnie Mae loans up for sale

National Mortgage
Mortgage Finance
4 years ago

Mortgage Industry Advisory Corp. put up for sale $1.1 billion of Ginnie Mae-backed whole nonperforming mortgages, its second such offering,.. Read More;

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Mello Mortgage, 2022-INV2, prepares to issue $442 million in MBS

National Mortgage
Mortgage Finance
4 years ago

The Mello Mortgage Capital Acceptance 2022-INV2 is preparing to issue about $442 million in residential mortgage-backed securities (RMBS), from a,.. Read More;

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