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12 cities where buyings cheaper than renting in 2021

National Mortgage
Mortgage Finance
5 years ago

The housing market exploded since the pandemic set in last year. The housing supply withered and living patterns shifted. Home,.. Read More;

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With Marcia Fudge at HUD, opportunity awaits for minority homebuyers

National Mortgage
Mortgage Finance
5 years ago

Quiz an average American, and you will discover homeownership among the top ranks when asked about the core tenets of,.. Read More;

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U.S. personal incomes soar by most on record on fiscal stimulus

National Mortgage
Mortgage Finance
5 years ago

U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round,.. Read More;

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Ocwen regains profitability in 1Q, helped by direct-to-consumer growth

National Mortgage
Mortgage Finance
5 years ago

The shift to direct-to-consumer originations helped Ocwen Financial to turn a profit based on its preliminary first-quarter earnings.The promising start,.. Read More;

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Mr. Cooper reports profit surge, possible cause of payments error

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper notched a nearly two-fold jump in net profit from quarter to quarter, due to mortgage-related gains, company executives,.. Read More;

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Freddie Mac's 1Q earnings show refis remained strong

National Mortgage
Mortgage Finance
5 years ago

Freddie Mac more than doubled its business in the first quarter on a year-over-year basis, given low interest rates and,.. Read More;

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Mortgage rate reversal could be just the start of significant movement

National Mortgage
Mortgage Finance
5 years ago

Depressed Treasury yields have kept mortgage rates under 3% recently, but positive economic news could indicate larger increases will follow,.. Read More;

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Rent crisis spirals for landlords awaiting $47 billion in relief

National Mortgage
Mortgage Finance
5 years ago

More than a year since Covid-19 lockdowns put millions of apartment dwellers out of work, almost $47 billion in U.S.,.. Read More;

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U.S. pending home sales rose less than forecast on tight supply

National Mortgage
Mortgage Finance
5 years ago

A gauge of U.S. pending home sales rose less than forecast in March, signaling a lack of available properties is,.. Read More;

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Finance of America buys Parkside Lending's wholesale channel

National Mortgage
Mortgage Finance
5 years ago

In its first deal since it went public earlier this month, Finance of America Cos. will acquire Parkside Lending’s wholesale,.. Read More;

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Mr. Cooper, ACI release more details about payment draft error

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper on Tuesday released estimates for the number of borrowers impacted by a recent payment-draft error as its payment,.. Read More;

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No bubble in housing market, Feds Powell says

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Federal Reserve Chairman Jerome Powell said that concerns of a housing bubble are overblown, but that the central,.. Read More;

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