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FHFA adds refi option for low-income borrowers

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Finance Agency is launching a new program to help lower-income homeowners with Fannie Mae- or,.. Read More;

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CFPB pushes compliance date for qualified mortgage definition to 2022

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau on Tuesday officially moved ahead with an earlier proposal to postpone the full adoption of,.. Read More;

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Mortgage apps drop again despite declining interest rates

National Mortgage
Mortgage Finance
5 years ago

Mortgage application activity fell for the seventh time in eight weeks, undeterred by three straight weeks of declining interest rates,.. Read More;

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Veritex agrees to acquire minority stake in Thrive Mortgage

National Mortgage
Mortgage Finance
5 years ago

Veritex Holdings in Dallas has agreed to buy a large stake in Thrive Mortgage in Georgetown, Texas.The $9.2 billion-asset Veritex,.. Read More;

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Florida broker sues UWM over policy banning work with Rocket, Fairway

National Mortgage
Mortgage Finance
5 years ago

A Florida mortgage broker is suing United Wholesale Mortgage, claiming the wholesaler's policy regarding doing business with Rocket Cos. and,.. Read More;

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MBA creates servicer notifications for Libor's discontinuation

National Mortgage
Mortgage Finance
5 years ago

The Mortgage Bankers Association has published two templates for servicers to use for borrower communications regarding the end of Libor,.. Read More;

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Closing times drop back to pre-pandemic levels as spring buying starts

National Mortgage
Mortgage Finance
5 years ago

In March, the average number of days it took to close a home buyer loan declined after such timelines expanded,.. Read More;

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Surging homeowner equity likely to keep listings off the market

National Mortgage
Mortgage Finance
5 years ago

Purchasing power grew for the 14th consecutive month in February but rising property values and mortgage rates are likely to,.. Read More;

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Why independent mortgage banks might want to sell themselves now

National Mortgage
Mortgage Finance
5 years ago

The Northeast is enjoying an old fashion Spring: cold and in some cases freezing even as May fast approaches. But,.. Read More;

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Extra Space portfolio highlights $817M Morgan Stanley CMBS

National Mortgage
Mortgage Finance
5 years ago

A portfolio of Extra Space self-storage facilities in Florida and Georgia is the largest among 41 loans being pooled into,.. Read More;

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Home prices in U.S. surge most since 2006 with inventory tight

National Mortgage
Mortgage Finance
5 years ago

U.S. home prices soared the most in 15 years, with low mortgage rates and a scant inventory of properties to,.. Read More;

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Biggest impediment to mortgage growth? Shortage of new homes.

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — It is well-established that mortgage lenders will need to pivot to new areas of growth as rising rates,.. Read More;

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