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Forbearance activity rises for first time in six weeks

National Mortgage
Mortgage Finance
5 years ago

Following six weeks of incremental declines and two months of general downtrends, coronavirus-related forborne mortgages rose this week, according to,.. Read More;

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Nonbank mortgage employment reaches a 10-year high

National Mortgage
Mortgage Finance
5 years ago

Monthly hiring by nondepositories in housing finance set a new record for the decade, according to the Bureau of Labor,.. Read More;

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10 Senate races for fintechs to watch

National Mortgage
Mortgage Finance
5 years ago

Control of the U.S. Senate hangs in the balance in the upcoming election, with the outcome determining the direction of,.. Read More;

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HUDs disparate impact rule is a get out of jail free card

National Mortgage
Mortgage Finance
5 years ago

The Department of Housing and Urban Development’s final rule on the disparate impact doctrine guts one of the most important,.. Read More;

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The originations feast and credit availability famine

National Mortgage
Mortgage Finance
5 years ago

"The Consumer Financial Protection Bureau is on the verge of revising the qualified mortgage rule by proposing to move away,.. Read More;

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People on the move: Oct. 2

National Mortgage
Mortgage Finance
5 years ago

CaliforniaIrvineSabal Capital Partners has appointed Barry Gersten to head of production for its commercial mortgage-backed securities business. ,.. Read More;

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CRE delinquency rates and debt improve, hospitality sector still lags

National Mortgage
Mortgage Finance
5 years ago

As business reopenings lead to more revenue and higher employment levels, the commercial and multifamily delinquencies continue to improve.The delinquency,.. Read More;

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Feds Wells Fargo review should consider forbearance snafu: Warren

National Mortgage
Mortgage Finance
5 years ago

Wells Fargo is once again drawing criticism from Sen. Elizabeth Warren — this time for placing homeowners in forbearance plans,.. Read More;

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Predatory lending suit alleges Vision Property targeted Black buyers

National Mortgage
Mortgage Finance
5 years ago

A group of civil rights organizations in Michigan launched a class-action lawsuit against Vision Property Management, a real estate investment,.. Read More;

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Axia Home Loans starts wholesale unit to grow its California business

National Mortgage
Mortgage Finance
5 years ago

Axia Home Loans, a Bellevue, Wash.-based retail mortgage banker, is expanding into the wholesale business with the launch of Unified,.. Read More;

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CFPB report says disclosure rule has cost lenders

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau released a five-year look-back review of its mortgage disclosure rule that found consumers benefited from,.. Read More;

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Genworth deal delayed again, but China Oceanwide scored funding

National Mortgage
Mortgage Finance
5 years ago

While China Oceanwide came to terms on obtaining the funding it needed to acquire Genworth Financial, the lack of a,.. Read More;

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