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Regulators hit reset on CRA reform, commit to joint rulemaking

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Federal bank regulators committed to rescinding the Trump-era reform of the Community Reinvestment Act, announcing a second attempt,.. Read More;

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Title firms swoop in to help victims of Cloudstar ransomware attack

National Mortgage
Mortgage Finance
5 years ago

Companies across the mortgage settlement services spectrum are pulling together to help Cloudstar clients get back up and running following,.. Read More;

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Biden nominates progressive for Treasury financial policy job

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — President Biden has nominated former Senate staffer Graham Steele to serve as assistant secretary for financial institutions at,.. Read More;

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Black borrowers more likely to make financial sacrifices to buy homes

National Mortgage
Mortgage Finance
5 years ago

Black Americans face greater financial barriers in the homebuying process than their white counterparts, a recent Redfin report showed.White homeowners,.. Read More;

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New-home loan volume drops to 13-month low in June

National Mortgage
Mortgage Finance
5 years ago

New-home purchase application volume dropped every month in the second quarter, while building costs and low inventory drove loan amounts,.. Read More;

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U.S. housing starts top forecasts, increase to three-month high

National Mortgage
Mortgage Finance
5 years ago

U.S. housing starts increased in June by more than forecast, suggesting residential construction is stabilizing despite lingering supply-chain constraints and,.. Read More;

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Predicted for H2: Signs of a housing bubble, non-agency lending growth

National Mortgage
Mortgage Finance
5 years ago

The biggest 2021 problems for mortgage originators carrying through to the second half of the year are the lack of,.. Read More;

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Fannie Mae expects lower rates to boost mortgage originations in 2H

National Mortgage
Mortgage Finance
5 years ago

Fannie Mae cut its interest rate forecast in its July economic outlook and now predicts slightly more purchase and refinance,.. Read More;

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MeridianLink announces launch of its IPO

National Mortgage
Mortgage Finance
5 years ago

MeridianLink is the latest mortgage technology company set to go public, announcing today the terms for its IPO launch expected,.. Read More;

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U.S. homebuilder sentiment falls to 11-month low in July

National Mortgage
Mortgage Finance
5 years ago

Confidence among U.S. homebuilders pulled back in July to an 11-month low as builders contend with elevated materials prices and,.. Read More;

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5 things to know about cash offer financing products

National Mortgage
Mortgage Finance
5 years ago

“Cash is king” when it comes to home buying, Fannie Mae chief economist Doug Duncan, said in a recent interview,.. Read More;

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Hotel lending improves as pandemic eases, but risks remain

National Mortgage
Mortgage Finance
5 years ago

Consumers are booking hotel stays at near pre-pandemic levels, and banks that serve the hospitality industry are seeing a concurrent,.. Read More;

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