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Republicans push to terminate CARES Act facilities for good

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Senate Republicans are proposing legislation to prevent the Federal Reserve from reviving emergency lending facilities launched earlier in,.. Read More;

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Mortgage rates fall to another record low as the economy remains stagnant

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates dropped to yet another new record low over concerns about economic sluggishness and the inability to pass a,.. Read More;

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FHFA proposes formal liquidity rules for GSEs

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Finance Agency is proposing to codify banklike liquidity requirements it already imposed on Fannie Mae,.. Read More;

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U.S. housing starts rose for a third-straight month in November

National Mortgage
Mortgage Finance
5 years ago

U.S. new home construction rose more than forecast to a nine-month high in November, highlighting the strength of a residential,.. Read More;

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'Seriously delinquent' mortgages remain elevated, OCC says

National Mortgage
Mortgage Finance
5 years ago

Delinquency rates on residential mortgages held by the nation’s top banks remained elevated in the third quarter but showed some,.. Read More;

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Critical defect rate of closed loans spiked in 2Q due to COVID-19

National Mortgage
Mortgage Finance
5 years ago

Critical defects found in closed mortgage loan files were at their highest since 2018 in the second quarter, due to,.. Read More;

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Ginnie Mae provides more leeway for Libor-indexed reverse mortgages

National Mortgage
Mortgage Finance
5 years ago

The transition away from Libor will be particularly tough for reverse mortgage lenders, given the relatively high percentage of loans,.. Read More;

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Bidding wars dominate Novembers home sales

National Mortgage
Mortgage Finance
5 years ago

For the seventh month in a row, the majority of home sales faced bidding wars, according to Redfin.While buyer competition,.. Read More;

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Shifting into loss mitigation gear begins now

National Mortgage
Mortgage Finance
5 years ago

The mortgage industry has always faced uncertainty. But as we head into 2021, it’s hard to remember a time when,.. Read More;

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Homebuilder confidence eases from record, remains robust

National Mortgage
Mortgage Finance
5 years ago

Homebuilder confidence eased slightly in December to the second-best level on record following the prior month’s peak, signaling that low,.. Read More;

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San Antonio home sales, prices soar as supply of houses tightens

National Mortgage
Mortgage Finance
5 years ago

Home sales in the San Antonio area rose for the sixth straight month as prices continued increasing and the inventory,.. Read More;

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Mortgage applications increase as rates slip to another record low

National Mortgage
Mortgage Finance
5 years ago

Mortgage applications increased 1.1% from one week earlier as a decline in rates to yet another low point brought consumers,.. Read More;

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