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HUD should put entry-level homebuyers first, not special interest groups

National Mortgage
Mortgage Finance
5 years ago

During the confirmation hearing for the nomination of Representative Marcia Fudge, D-Ohio, to serve as Secretary of the U.S. Department,.. Read More;

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Zillow follows Saturday Night Live spoof with record profit

National Mortgage
Mortgage Finance
5 years ago

Zillow Group Inc. has cemented its role in the pandemic-era zeitgeist, with “Saturday Night Live”poking fun at homebound millennials who,.. Read More;

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Prolonged plateau in mortgage rates adds to signs of market shift

National Mortgage
Mortgage Finance
5 years ago

The lack of change in the average fixed rate for a mortgage this week added to evidence that refinancing opportunities,.. Read More;

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New debt investment pact with Oaktree gives Ocwens stock a lift

National Mortgage
Mortgage Finance
5 years ago

A new note agreement that will generate more than $250 million for Ocwen Financial Corp. initially boosted its shares early,.. Read More;

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How long should small-business, mortgage aid last?

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Despite calls from the Biden administration for bipartisan action on coronavirus relief, lawmakers remain sharply divided over the,.. Read More;

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Commercial mortgage lending expected to see slight recovery in 2021

National Mortgage
Mortgage Finance
5 years ago

Commercial and multifamily mortgage origination volume should recover somewhat in 2021, the Mortgage Bankers Association said.The trade group forecasts $486,.. Read More;

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Acting CFPB head calls out industry for slow complaint response times

National Mortgage
Mortgage Finance
5 years ago

The new interim leader of the Consumer Financial Protection Bureau pledged to take action against firms that are slow to,.. Read More;

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Kelly Purcell, digital mortgage pioneer, dies at 58

National Mortgage
Mortgage Finance
5 years ago

Kelly Purcell, an advocate for the digital mortgage movement, died on Feb. 6 at the age of 58.Purcell was a,.. Read More;

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Mortgage applications down as rising rates suppress activity

National Mortgage
Mortgage Finance
5 years ago

Mortgage application volume declined on a week-to-week basis as interest rates rising to their highest level since November inhibited consumer,.. Read More;

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Nonbank stock performance has New Residential squeamish about its NewRez IPO

National Mortgage
Mortgage Finance
5 years ago

The uneven stock performance from nonbank lenders that have recently gone public has given pause to New Residential Investment, which,.. Read More;

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ARM financing inches up as credit loosens ahead of spring buying

National Mortgage
Mortgage Finance
5 years ago

Lenders in January reversed a slight year-end contraction in underwriting with an expanded product set that included more adjustable-rate mortgages,.. Read More;

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Mortgage delinquencies fall to a pandemic low

National Mortgage
Mortgage Finance
5 years ago

While the number of distressed mortgages declined to a pandemic low in November, sustainable improvement won’t be made until the,.. Read More;

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