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Fintechs seek CFPB guidance on making AI-based lending fair

National Mortgage
Mortgage Finance
5 years ago

Six fintech companies and the National Community Reinvestment Coalition are asking the Consumer Financial Protection Bureau to provide guidance on,.. Read More;

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Millennials pushed home buying demand to new heights in 2020

National Mortgage
Mortgage Finance
5 years ago

In the housing market frenzy of 2020, homeownership demand climbed to an all-time high as millennials sought to become first-time,.. Read More;

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U.S. housing prices jump the most in more than three decades

National Mortgage
Mortgage Finance
5 years ago

U.S. home prices jumped the most in more than 30 years in April.Nationally, the S&P CoreLogic Case-Shiller index of property,.. Read More;

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Why affordable housing is critical in financial inclusion strategy

National Mortgage
Mortgage Finance
5 years ago

America has a national housing problem: simply put, there are too few homes to meet the demand from potential,.. Read More;

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Mr. Cooper, loanDepot, Marcus & Millichap make leadership moves

National Mortgage
Mortgage Finance
5 years ago

Also, Freddie Mac elects a former NY Fed leader to its board, Cenlar hires a servicing veteran and NewDay,.. Read More;

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Why independent mortgage banks dont need more government regulation

National Mortgage
Mortgage Finance
5 years ago

The Community Home Lenders Association (CHLA) recently released its latest IMB Report. That report documents with statistics and analysis the,.. Read More;

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CFPB lets foreclosures resume but with caveats

National Mortgage
Mortgage Finance
5 years ago

Mortgage servicers can resume foreclosures on some borrowers under a set of rule changes by the Consumer Financial Protection Bureau,.. Read More;

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Refinancings lead title insurers to their best first quarter ever

National Mortgage
Mortgage Finance
5 years ago

Benefitting from the still-hot refinance market, title insurers wrote nearly 45% more premiums in the first quarter this year compared,.. Read More;

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Forbearance re-entries rise as borrowers struggle with underemployment

National Mortgage
Mortgage Finance
5 years ago

Pandemic-related mortgage payment suspensions fell again on Monday but the percentage of re-entries rose as federal officials finalized transitional directives,.. Read More;

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Housing affordability takes biggest plunge since 2018

National Mortgage
Mortgage Finance
5 years ago

Housing affordability dropped in April at the fastest pace since December 2018 and won’t be improving any time soon, according,.. Read More;

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What housing bubble? Price growth driven by fundamentals, analysts say

National Mortgage
Mortgage Finance
5 years ago

A friend of Fannie Mae Chief Economist Doug Duncan recently sold his fixer upper house at a price that would,.. Read More;

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What use of office space in U.S. could look like by 2022

National Mortgage
Mortgage Finance
5 years ago

As Covid-19 spread across the U.S. in 2020, emptying offices and forcing businesses to adapt quickly to a remote-working environment,,.. Read More;

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