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Hotel, retail loans fuel surge in CMBS delinquencies

National Mortgage
Mortgage Finance
5 years ago

Coronavirus-related disruptions at retail and hotel properties are fueling a surge in conduit CMBS delinquencies, according to Moody's Investors Service.The,.. Read More;

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New Residential announces IPO for its mortgage business, NewRez

National Mortgage
Mortgage Finance
5 years ago

New Residential Investment confidentially filed a draft registration statement with the Securities and Exchange Commission on its intention to spin,.. Read More;

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Mortgage volume has 'banner quarter' in 3Q, hitting a 13-year high

National Mortgage
Mortgage Finance
5 years ago

In the third quarter, mortgage lending shot up 45% from the year before and 17% quarterly to the highest amount,.. Read More;

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Realtors apologize for role in housing racial discrimination

National Mortgage
Mortgage Finance
5 years ago

The real estate industry contributed to racial inequality and segregation in housing, an “outrage” that merits a historic apology,,.. Read More;

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People on the move: Nov. 20

National Mortgage
Mortgage Finance
5 years ago

GeorgiaAtlantaFirst Community Mortgage has named Antonio Roundtree vice president of community engagement. ,.. Read More;

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Treasury wants CARES Act programs to expire. Fed says not so fast.

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Treasury Secretary Steven Mnuchin called on the Federal Reserve Thursday to let several of its emergency lending programs,.. Read More;

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Peak pipeline management takes more than commitment

National Mortgage
Mortgage Finance
5 years ago

While community banks have typically enjoyed a steady, but smaller, share of the overall mortgage origination business as compared with,.. Read More;

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Zest, Freddie Mac officially testing AI use in underwriting

National Mortgage
Mortgage Finance
5 years ago

Freddie Mac will use Zest AI’s machine learning tools as a means of improving models the government-sponsored enterprise uses to,.. Read More;

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Home sales blast off for record month in October, hottest of 2020

National Mortgage
Mortgage Finance
5 years ago

The widening chasm between housing supply and demand drove record sales growth and caused prices to hit a seven-year high,.. Read More;

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Mortgage rates drop on concerns over economy and the coronavirus

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates plummeted this week to a new all-time low, as poor economic news as well as concerns about a,.. Read More;

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Lenders predict as much as a 30% rise in hybrid closings in 2021

National Mortgage
Mortgage Finance
5 years ago

COVID-19 threw the world a giant curveball in 2020. For the mortgage industry, the pandemic meant adapting to an all-digital,.. Read More;

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Is GSE reform dead on arrival under Biden?

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Trump administration in the last two years has laid the groundwork to free mortgage giants Fannie Mae,.. Read More;

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