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CoreLogic asks CoStar to increase the cash portion of its bid

National Mortgage
Mortgage Finance
5 years ago

CoreLogic has asked CoStar Group to include more cash in its $7.25 billion takeover bid in order to get the,.. Read More;

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FHFA announces extension of multifamily COVID-related mortgage relief

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency is providing an additional three months of forbearance to multifamily borrowers with loans backed by,.. Read More;

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Plaids Income product to pull payroll data for lenders

National Mortgage
Mortgage Finance
5 years ago

Plaid, a platform that helps lenders pull consumer-permissioned bank data into their systems, on Thursday announced that it plans to,.. Read More;

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Mortgage rates hit highest point since July

National Mortgage
Mortgage Finance
5 years ago

Interest rates spiked 37 basis points since the calendar flipped to 2021 alongside rising Treasury bond yields.While the pace slowed,.. Read More;

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Hippo to go public after SPAC merger

National Mortgage
Mortgage Finance
5 years ago

(Bloomberg) -- Hippo Enterprises Inc., a home-insurance startup, agreed to go public through a merger with Reinvent Technology Partners Z,,.. Read More;

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How chain of custody is making lenders vulnerable to mortgage fraud

National Mortgage
Mortgage Finance
5 years ago

When famous bank robber Willie Sutton was asked why he robs banks he replied, “because that’s where the money is.”,.. Read More;

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Tesla raffles, 'Dundies' and more: how lenders are leveling up on employee appreciation

National Mortgage
Mortgage Finance
5 years ago

A little appreciation goes a long way, and it’s especially impactful when employers take a thoughtful and unique approach to,.. Read More;

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CFPB officially proposes delay of QM changes

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau made official the agency's plans to delay the compliance deadline for changes to its main,.. Read More;

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Mortgage applications require more time due to Fannie, Freddie change

National Mortgage
Mortgage Finance
5 years ago

The freshly overhauled application for government-related home financing, which became mandatory this past Monday, added another 30 to 60 minutes,.. Read More;

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Doma, once States Title, using SPAC to expand to appraisal, warranty

National Mortgage
Mortgage Finance
5 years ago

Title insurer Doma will use some of the proceeds from its special purpose acquisition company merger to move into the,.. Read More;

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Champion settles with NY AG for misleading reverse mortgage borrowers

National Mortgage
Mortgage Finance
5 years ago

New York Attorney General Letitia James settled a motion against Champion Mortgage for allegedly misleading its borrowers in need of,.. Read More;

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Logistics operator seeks portfolio recapitalization via large-loan CMBS

National Mortgage
Mortgage Finance
5 years ago

A portfolio of 18 industrial/logistics properties are being recapitalized through a first-lien mortgage loan that will back a new $425,.. Read More;

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