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Unfair and unpaid: A property tax money machine crushes families

National Mortgage
Mortgage Finance
4 years ago

The Roses’ former home in the Bronx. Photographer: Jeenah Moon/BloombergTrinity Smith lost her home in Detroit because of unfairly high,.. Read More;

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Fannie Mae boosts 2021, 2022 forecasts due to strong year-end activity

National Mortgage
Mortgage Finance
4 years ago

Year-end existing home sales were stronger than previously forecast, leading Fannie Mae to boost its outlook for mortgage originations both,.. Read More;

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Fed approves First Citizens-CIT merger after long delay

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve approved a trio of regional bank mergers on Friday, including First Citizens BancShares’ acquisition of CIT Group,,.. Read More;

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Home bidding wars drop to a near one-year low

National Mortgage
Mortgage Finance
4 years ago

Competition for homes on the market in November fell to what preliminary numbers show was the lowest point in almost,.. Read More;

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Regulators see real progress on Libor shift as deadline nears

National Mortgage
Mortgage Finance
4 years ago

Though the transition was moving slow just a few months ago, the banking industry is now making rapid progress on,.. Read More;

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Jury convicts Georgia borrower in mortgage fraud case

National Mortgage
Mortgage Finance
4 years ago

A federal jury has convicted an Augusta, Georgia man of fraud after he borrowed nearly $3 million to refinance an,.. Read More;

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2022 mortgage industry predictions

National Mortgage
Mortgage Finance
4 years ago

Fortune Teller Predicting Future Using Crystal BallAndrey Popov/Andrey Popov - stock.adobe.comThe second calendar year of the COVID-19-era found those in,.. Read More;

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Loan apps drop in an otherwise record-setting new-home market

National Mortgage
Mortgage Finance
4 years ago

Consumer applications for financing with home builders fell in November, contrasting with the average loan amount and sales estimates over,.. Read More;

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Ellington hedge fund says it's time to go bargain hunting in mortgage bonds

National Mortgage
Mortgage Finance
4 years ago

Since the pandemic began, there have been fewer active managers buying the less liquid types of securitized debt, creating big,.. Read More;

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FHFA proposes annual capital planning for Fannie Mae, Freddie Mac

National Mortgage
Mortgage Finance
4 years ago

The regulator for two large government-related mortgage investors is floating a proposal under which they would submit annual reports for,.. Read More;

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Customer satisfaction falls at big banks amid staffing challenges

National Mortgage
Mortgage Finance
4 years ago

Capital One Financial topped the nation’s largest banks in customer satisfaction this year, according to a new study that also,.. Read More;

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U.S. housing starts rise more than forecast to eight-month high

National Mortgage
Mortgage Finance
4 years ago

U.S. home construction starts strengthened in November to the fastest pace in eight months, suggesting builders are making a bit,.. Read More;

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