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Interfirst Mortgage gets $175M investment

National Mortgage
Mortgage Finance
4 years ago

Interfirst Mortgage, a Chicago-based lender that originates in the retail and third-party channels, raised $175 million in capital from a,.. Read More;

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Fed's Quarles to end role as chief watchdog of Wall Street banks

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Vice Chairman for Supervision Randal Quarles will be removed from his role as the main watchdog of Wall,.. Read More;

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Purchase closing costs increase by more than 10% in first half of 2021

National Mortgage
Mortgage Finance
4 years ago

With housing prices accelerating in 2021, closing costs have gone up in tandem, but at a slower rate.The national average,.. Read More;

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Fannie Mae sells NPLs to Credit Suisse, Barclays and Pretium

National Mortgage
Mortgage Finance
4 years ago

Two Wall Street firms and a single-family rental investor have purchased portions of Fannie Mae’s latest nonperforming loan package.The four,.. Read More;

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Taper conditions have all but been met, Fed's Clarida says

National Mortgage
Mortgage Finance
4 years ago

Richard Clarida, vice chairman of Federal Reserve SystemKholood Eid/BloombergThe conditions required to begin tapering the Federal Reserve’s bond-buying program have,.. Read More;

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Redwood Trust, Point issue first home equity investment securitization

National Mortgage
Mortgage Finance
4 years ago

Redwood Trust has announced the issuance of a securitization backed by agreements in which investors purchase a share of equity,.. Read More;

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Rocket, Homepoint, FOA raise Fannie, Freddie conforming loan limits

National Mortgage
Mortgage Finance
4 years ago

Rocket Cos., Finance of America Mortgage and Homepoint have joined PennyMac and United Wholesale Mortgage in raising their conforming loan,.. Read More;

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VantageScore Solutions names trade group exec as new CEO

National Mortgage
Mortgage Finance
4 years ago

VantageScore Solutions has named Silvio Tavares, a former trade association head and Visa executive, as the new president and CEO,.. Read More;

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Boise area starts to draw more national homebuilders

National Mortgage
Mortgage Finance
4 years ago

Downtown city center of Boise Idaho framed by Schafer ButteChristopher Boswell/Christopher Boswell - stock.adobe.comDespite Boise's supply shortage and skyrocketing prices,,.. Read More;

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Goldman Sachs to sell fix-and-flip lender to New Residential

National Mortgage
Mortgage Finance
4 years ago

A contractor works on a home in Barrie, Ontario, Canada.Galit Rodan/BloombergNew Residential Investment Corp. agreed to buy Genesis Capital LLC,,.. Read More;

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Industry scrambles to prepare for CFPB debt collection rules

National Mortgage
Mortgage Finance
4 years ago

Banks, credit card companies and debt collectors pushed for an overhaul of federal debt collection rules, and they are poised,.. Read More;

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How digital mortgage and wholesale staffing needs to change

National Mortgage
Mortgage Finance
4 years ago

As margins thin, lenders are faced with reconfiguring staffing in order to maintain an edge.One of the biggest waves of,.. Read More;

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