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Wall Street bosses see windfall lasting, fueling pay and hiring

National Mortgage
Mortgage Finance
4 years ago

(Bloomberg) --The dealmaking and trading windfall that the pandemic unleashed on Wall Street firms just keeps piling up as the,.. Read More;

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JPMorgan, Wells Fargo, Bank of America, Citi on 3Q mortgage results

National Mortgage
Mortgage Finance
4 years ago

While mortgage earnings at JP Morgan Chase were stronger than expected, the more applicable read-through for the industry would be,.. Read More;

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CMBS refinancings at risk as empty offices become a wasteland

National Mortgage
Mortgage Finance
4 years ago

Buildings in the Manhattan skyline in New York, U.S., on Thursday June 17, 2021. New York state's pandemic mandates were,.. Read More;

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Fannie Mae sets new restrictions on condos following Florida collapse

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae is instituting temporary requirements that bar the purchase of mortgages secured by condominium or cooperative units with significant,.. Read More;

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Mortgage rates jump to 6-month high

National Mortgage
Mortgage Finance
4 years ago

Interest rates have risen to the highest point in more than six months.The 30-year fixed-rate mortgage averaged 3.05% for the,.. Read More;

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Foreclosure starts surged in September

National Mortgage
Mortgage Finance
4 years ago

Foreclosure starts and filings have spiked on both a quarterly and monthly basis since the federal moratorium ended.Mortgage servicers started,.. Read More;

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CFPB promotes longtime staffer to deputy director

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau's director, Rohit Chopra, has elevated a longtime bureau staffer to be its deputy director. Zixta,.. Read More;

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Affordable housing becomes flashpoint in D.C. spending showdown

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The fate of affordable housing funding and other homeowner assistance programs has become a key battleground as lawmakers,.. Read More;

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Strong mortgage demand in key markets fuels First Republic profits

National Mortgage
Mortgage Finance
4 years ago

For all the worry about hollowed-out cities in the wake of the pandemic and shifts to remote work, First Republic,.. Read More;

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Fed officials saw taper starting in mid-November or mid-December

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve officials broadly agreed last month they should start reducing emergency pandemic support for the economy in mid-November or,.. Read More;

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Mortgage volume inches up modestly for the week

National Mortgage
Mortgage Finance
4 years ago

Mortgage activity increased slightly last week, despite refinances diminishing amid rising interest rates.The Mortgage Bankers Association’s Market Composite Index, which,.. Read More;

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Fannie Mae, Freddie Mac multifamily caps to rise by $8 billion in 2022

National Mortgage
Mortgage Finance
4 years ago

Annual multifamily limits for Fannie Mae and Freddie Mac will increase by $8 billion each in 2022 with a higher,.. Read More;

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