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Buyers and sellers grew pessimistic about housing market in July

National Mortgage
Mortgage Finance
5 years ago

The high level of demand in the housing market made both buyers and sellers pessimistic about their prospects according to,.. Read More;

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Redfins stock drops on loss despite record rise in market share

National Mortgage
Mortgage Finance
5 years ago

Though Redfin saw a record increase in market share in the second quarter, a deepening loss had shaved $5 off,.. Read More;

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Waters calls for more FHA loan foreclosure protections

National Mortgage
Mortgage Finance
5 years ago

House Financial Services Committee Chair Maxine Waters, D-Calif., issued two letters late last week that urged federal agencies to provide,.. Read More;

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Mortgage insurers have strong 2Q, helped by origination volume

National Mortgage
Mortgage Finance
5 years ago

Delinquency concerns continue to wane as the end of forbearances is not expected to lead to a massive wave of,.. Read More;

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Homebridge merges with blockchain fintech, LoanDepot earnings drop by more than 93% & more of this week's top news

National Mortgage
Mortgage Finance
5 years ago

Also: Biden issues new eviction ban, CFPB clarifies rule on Juneteenth, Fannie Mae sets purchase mortgage acquisition record & more,.. Read More;

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PennyMac Financials earnings declined in 2Q

National Mortgage
Mortgage Finance
5 years ago

PennyMac Financial Services’s second quarter earnings notched quarterly and annual declines, but the $204 million recorded was historically strong thanks,.. Read More;

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Complaints about crypto are soaring. Is a CFPB crackdown imminent?

National Mortgage
Mortgage Finance
5 years ago

As the Consumer Financial Protection Bureau sees an uptick in customer complaints regarding cryptocurrencies, some observers say it is only,.. Read More;

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HUD appraisal task force holds first meeting to address racial bias

National Mortgage
Mortgage Finance
5 years ago

Housing and Urban Development Secretary Marcia L. Fudge and Domestic Policy Advisor Ambassador Susan Rice convened the first principal-level meeting,.. Read More;

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Nonbank mortgage jobs tick up after a lull

National Mortgage
Mortgage Finance
5 years ago

Payrolls at non-depository housing finance companies inched up in June after a slight dip the previous month, according to the,.. Read More;

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Mortgage fraud risk hit 2-year high in 2Q

National Mortgage
Mortgage Finance
5 years ago

In the second quarter, shifting lending volumes and borrower misinformation drove fraud risk to the highest level since the start,.. Read More;

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U.S. housing boom rescues more than 1 million underwater homes

National Mortgage
Mortgage Finance
5 years ago

The pandemic housing boom has pulled more than 1 million U.S. homeowners out of a debt trap that many had,.. Read More;

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Hotel, retail mortgage delinquencies down in July, but concerns remain

National Mortgage
Mortgage Finance
5 years ago

Lodging and retail mortgages showed significant performance improvement in July and while office loan late payments are higher relative to,.. Read More;

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