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Distressed borrower communication rules on track for now: CFPB

National Mortgage
Mortgage Finance
5 years ago

Consumer Financial Protection Bureau Acting Director David Uejio has said that he would explore the possibility of preserving the status,.. Read More;

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Manufactured homes get a boost as inventory crisis persists

National Mortgage
Mortgage Finance
5 years ago

Mortgage lenders who have traditionally been reluctant to go too far down in the home price spectrum are increasingly interested,.. Read More;

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All-cash bids, waiving financing top strategies to win bidding wars

National Mortgage
Mortgage Finance
5 years ago

Consumers who need to get a mortgage might be losing out to those able to make an all-cash offer in,.. Read More;

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SOFR benchmark making inroads with private-label MBS

National Mortgage
Mortgage Finance
5 years ago

Libor’s impending demise is starting to make a greater impact on the private-label U.S. residential mortgage-backed securities market.This month, two,.. Read More;

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How mortgage industry recruitment has changed in the pandemic

National Mortgage
Mortgage Finance
5 years ago

The latest iteration of American Mortgage Network began originating loans in 2020, but the rate-driven wave of loan applications left,.. Read More;

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Existing-home sales decline to six-month low

National Mortgage
Mortgage Finance
5 years ago

Sales of previously owned U.S. homes declined in February to a six-month low, reflecting a record annual decline in the,.. Read More;

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New program aims to create affordable homes, loans for military

National Mortgage
Mortgage Finance
5 years ago

As the number of homes for sale in the U.S. keeps hitting new record lows, lenders and builders are teaming,.. Read More;

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Wells Fargo agrees to pay $125,000 to resolve Fair Housing violation

National Mortgage
Mortgage Finance
5 years ago

Wells Fargo has resolved a lending discrimination complaint, which accused it of denying a mortgage loan after the bank found,.. Read More;

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Blend buys Title365 from Mr. Cooper, the latest Detroit lender fighting, and all the week's top news

National Mortgage
Mortgage Finance
5 years ago

Also: 9.3 million renters could enter the purchase market, lessons from Flagstar’s data breach and a possible 15-year plan for,.. Read More;

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Despite rising mortgage rates, a strong home sales season lies ahead

National Mortgage
Mortgage Finance
5 years ago

Rising mortgage rates are not expected to drag on the spring home purchase market, as they will be outweighed by,.. Read More;

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Home prices have hit a record high, but its not a bubble: Redfin

National Mortgage
Mortgage Finance
5 years ago

Home prices have risen to the highest point seen since at least 2016, but that doesn’t mean there’s a bubble,.. Read More;

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Plunging values prompting mall owners to assess walk-away options

National Mortgage
Mortgage Finance
5 years ago

The pandemic has hit few mall operators harder than Pyramid Management Group, a family-run owner of 14 U.S. shopping centers,.. Read More;

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