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Higher home prices cancel out increased affordability: Redfin

National Mortgage
Mortgage Finance
5 years ago

Low mortgage rates boosted consumer home purchasing power in July by nearly 7% compared with one year ago. However, rising,.. Read More;

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Natural disasters may hurt roughly 15% of construction projects: Built

National Mortgage
Mortgage Finance
5 years ago

National lenders who fund the building of new homes are currently dealing with natural disasters that may affect about one,.. Read More;

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Inventory shortage in metro Denver drives home price gains

National Mortgage
Mortgage Finance
5 years ago

Home and condo sales in metro Denver dropped by nearly a fifth in August from a record-setting July, but not,.. Read More;

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Rocket expects 3Q volume to top 2Q record, but margins will shrink

National Mortgage
Mortgage Finance
5 years ago

Mortgage originations at Rocket Cos. will increase from the record set in the second quarter, but gain-on-sale margins should be,.. Read More;

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Mortgage rates rise slightly even as spreads to Treasurys narrow

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates remained relatively flat, rising 2 basis points on a week-over-week basis, as yields for the benchmark 10-year Treasury,.. Read More;

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Duluth-area home sales heat up, although inventory tight

National Mortgage
Mortgage Finance
5 years ago

Northeastern Minnesota home sales have been on a tear this summer despite a relative scarcity of listings."There's definitely a disconnect,.. Read More;

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CFPBs latest underwriting revamp seen as boon to fintechs, GSEs

National Mortgage
Mortgage Finance
5 years ago

Lenders are hoping for a boost from a Consumer Financial Protection Bureau plan to make more loans eligible for "qualified,.. Read More;

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Low mortgage rates drive unprecedented per-loan profit gain

National Mortgage
Mortgage Finance
5 years ago

The average net gain in profit on loans originated by nonbanks and certain chartered bank subsidiaries hit a survey-record high,.. Read More;

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Mr. Cooper to hire 2,000 as record low rates fuel loan surge

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper, one of the nation's largest mortgage servicers, plans to hire an additional 2,000 employees by the end of,.. Read More;

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Cal Fire releases tally of destroyed Napa County homes

National Mortgage
Mortgage Finance
5 years ago

The lightning-ignited Hennessey Fire destroyed 254 single-family homes in Napa County, Calif., making it one of the most destructive in,.. Read More;

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U.K. house prices post biggest monthly increase since 2004

National Mortgage
Mortgage Finance
5 years ago

U.K. house prices increased by the most in 16 years in August after a tax cut stoked post-lockdown demand, but,.. Read More;

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Remax purchases mortgage fintech Wemlo, adding processing services

National Mortgage
Mortgage Finance
5 years ago

Remax Holdings, which owns mortgage brokerage franchisorMotto Mortgage, has purchased nascent fintech company Wemlo, which provides loan processing technology.The terms,.. Read More;

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