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Blends move to buy Title365 from Mr. Cooper targets key fintech niche

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper, the lender and servicer formerly known as Nationstar, is selling its title agent and technology division to digital,.. Read More;

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Fed to hike rates in 2023 but forecasts wont show it, economists say

National Mortgage
Mortgage Finance
5 years ago

A strong recovery from the Covid-19 recession is likely to prompt Federal Reserve Chair Jerome Powell and his colleagues to,.. Read More;

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End date set for some pandemic contingencies related to mortgages

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency plans to retire certain contingencies around employment verification, condominium project reviews, and expanded power of,.. Read More;

post

Rocket fires back, UWM boycotts, mortgages 7th-inning stretch and all the week's top news

National Mortgage
Mortgage Finance
5 years ago

Also: Fannie sets early limits, servicing retention rates fade to record lows and loan broker inquiries rise as competition heats,.. Read More;

post

After wild year, Impac's origination activity picks up in 4Q

National Mortgage
Mortgage Finance
5 years ago

For most mortgage companies, 2020 produced record volume and earnings. However, Impac Mortgage Holdings spent much of the year trying,.. Read More;

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Lenders urge Biden to remove GSE cap on 'high-risk' loans

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Reforms to the government's oversight of Fannie Mae and Freddie Mac announced in the final days of the,.. Read More;

post

Fannie Maes early start on limiting certain loans surprises lenders

National Mortgage
Mortgage Finance
5 years ago

Lenders knew the government-sponsored enterprises needed to cap purchases of single-family loans backed by investor properties and second homes but,.. Read More;

post

House lawmaker proposes new restrictions on credit bureaus

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The top Republican on the House Financial Services Committee is sponsoring legislation that would remove certain negative details,.. Read More;

post

Mortgage rates creep up, but at a more gradual pace

National Mortgage
Mortgage Finance
5 years ago

The average 30-year mortgage rate inched up another notch in Freddie Mac’s latest weekly survey, hovering at levels last seen,.. Read More;

post

Home Point reports rise in loan broker inquiries as competitors battle

National Mortgage
Mortgage Finance
5 years ago

Home Point Capital touted its growth in the wholesale origination channel during 2020, and put in its two cents on,.. Read More;

post

Record share of lenders expect shrinking profits in 2021: Fannie Mae

National Mortgage
Mortgage Finance
5 years ago

After a booming 2020, a growing share of mortgage lenders expect lower profits in the coming months as climbing interest,.. Read More;

post

Millennials entering home market are the oldest ever

National Mortgage
Mortgage Finance
5 years ago

Even as more borrowers between 21 and 40 leveraged the historically low mortgage rates in January, the average age rose,.. Read More;

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