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Blackstone to buy $7.3 billion of AIG housing, insurance assets

National Mortgage
Mortgage Finance
5 years ago

American International Group Inc. said it agreed to sell a 9.9% equity stake in its life and retirement business to,.. Read More;

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Wells Fargo's Scharf finally making headway on cost-cutting goals

National Mortgage
Mortgage Finance
5 years ago

After several years of swelling expenses, the cost-cutting push by Wells Fargo CEO Charlie Scharf is finally showing signs of,.. Read More;

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What federal policy changes mean for mortgage servicing in H2 2021

National Mortgage
Mortgage Finance
5 years ago

While the potential benefits from the Biden administration’s consolidated control of housing agencies are less clear for servicers than lenders,,.. Read More;

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Mortgage volume picks up after two weeks of lows, led by refinances

National Mortgage
Mortgage Finance
5 years ago

After declining for two consecutive weeks to levels not seen in over a year, mortgage activity reversed course, due, in,.. Read More;

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Fannie Mae, Freddie Mac loan modifications reach a pandemic high

National Mortgage
Mortgage Finance
5 years ago

Modifications of loan terms for financial hardships at Fannie Mae and Freddie Mac in April topped 5,000 for the first,.. Read More;

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Recreational marijuana is a gateway drug to higher home prices

National Mortgage
Mortgage Finance
5 years ago

If you want to get high property value appreciation, look no further than housing markets with legalized marijuana.From April 2017,.. Read More;

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Feds Daly says inflation temporary, taper may start by year-end

National Mortgage
Mortgage Finance
5 years ago

Consumer price spikes, which in June surged the most since 2008, will likely be a temporary feature of an economy,.. Read More;

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With Fed picks, Biden will have to walk political tightrope

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — President Biden will soon have a unique opportunity to leave a mark on the Federal Reserve when he,.. Read More;

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Regulators propose joint guidance on managing third-party risk

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Three federal bank regulators are requesting industry input on a set of interagency guidelines to help financial institutions,.. Read More;

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Distress rates drop annually but small share of borrowers lack equity

National Mortgage
Mortgage Finance
5 years ago

It’s been a year-plus since widespread forbearance arrived and it’s gone a long way toward reducing distress, but a recent,.. Read More;

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Guaranteed Rate, Compass partner to create new originations business

National Mortgage
Mortgage Finance
5 years ago

Retail mortgage lender Guaranteed Rate and national residential brokerage Compass announced Tuesday they had entered an agreement to form a,.. Read More;

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Bidding wars lessen in June as buyer fatigue hits housing market

National Mortgage
Mortgage Finance
5 years ago

Home buyer competition declined slightly in June as listings increased and price surges discouraged a growing number of consumers.The overall,.. Read More;

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