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Why Essent's stock offering is a good sign for MI capital raises

National Mortgage
Mortgage Finance
6 years ago

Essent Group's pricing of its secondary stock offering last week at an 11% discount to its May 27 closing price,.. Read More;

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Mortgage rates should remain near record lows for June

National Mortgage
Mortgage Finance
6 years ago

The Federal Reserve's actions should keep interest rates down and bring home sales back in June, according to NerdWallet.The 30-year,.. Read More;

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Cincinnati area home sales drop from 2019, but market is healthy

National Mortgage
Mortgage Finance
6 years ago

Home sales in April stayed healthy despite the Ohio stay-at-home order, but dropped by double digits compared to a year,.. Read More;

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Mortgage sector off to worst start since 2013 despite Fed help

National Mortgage
Mortgage Finance
6 years ago

Mortgage investors have yet to enjoy robust returns this year despite the Federal Reserve providing $688 billion of support to,.. Read More;

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Twin Cities homebuilding hit hard in May

National Mortgage
Mortgage Finance
6 years ago

After a blockbuster early spring, the COVID-19 pandemic is hitting home for Twin Cities builders.During May, cities issued 411 permits,.. Read More;

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5 questions for the MBA's Robert Broeksmit about liquidity gaps

National Mortgage
Mortgage Finance
6 years ago

The overall forbearance rate has been stabilizing and mortgage bankers have gotten multiple forms of support from Federal Housing Finance,.. Read More;

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6 key Senate races for bankers to watch

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — The banking industry’s legislative agenda hangs in the balance this November as the 2020 election will not only,.. Read More;

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As forbearance requests slow, will usage be lower than expected?

National Mortgage
Mortgage Finance
6 years ago

Servicers' advancing obligations related to forbearance have gotten pretty high, but they are starting to level off and may not,.. Read More;

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Remote home appraisal software options proliferate amid coronavirus

National Mortgage
Mortgage Finance
6 years ago

"'Don't ever let a good crisis go by without benefiting from it.' I can't remember who said it but I,.. Read More;

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Housing market has been surprisingly active during lockdown

National Mortgage
Mortgage Finance
6 years ago

Stuck day and night in their homes, a surprising number of Americans are deciding the pandemic is a great time,.. Read More;

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Wells Fargo struggling to stay under asset cap amid pandemic, CEO says

National Mortgage
Mortgage Finance
6 years ago

Wells Fargo’s asset cap is still limiting the bank’s ability to maneuver during the current economic crisis, even after the,.. Read More;

post

Michigan bank hires turnaround expert to tackle long list of challenges

National Mortgage
Mortgage Finance
6 years ago

Sterling Bancorp in Southfield, Mich., which reported a large quarterly loss, has hired a CEO with experience turning around struggling,.. Read More;

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