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Stewart's layoffs, other cost-cutting measures expected to save $60M

National Mortgage
Mortgage Finance
6 years ago

Stewart Information Services, the smallest of the four national title insurance underwriters, initiated some cost-cutting measures that will save it,.. Read More;

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Record unemployment drives forbearances up

National Mortgage
Mortgage Finance
6 years ago

The number of mortgages in coronavirus-related forbearance rose by 37 basis points between April 27 and May 3 as the,.. Read More;

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Housing markets improved where real estate deemed essential: Redfin

National Mortgage
Mortgage Finance
6 years ago

In a study of four metro areas, housing supply and demand gained momentum in the second half of April.Redfin looked,.. Read More;

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Boise's home shortage drove prices up, now virus threatens new supply

National Mortgage
Mortgage Finance
6 years ago

In late March, Casey Lynch got off a reassuring call with his lender: Yes, the bank would still finance a,.. Read More;

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CFPB gets earful from consumers about mortgage servicers

National Mortgage
Mortgage Finance
6 years ago

Distressed consumers are bombarding the Consumer Financial Protection Bureau with complaints that mortgage servicers are refusing to provide deferrals for,.. Read More;

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New Orleans April home sales drop sharply on coronavirus

National Mortgage
Mortgage Finance
6 years ago

The number of home sales in the greater New Orleans area dropped sharply in April as the coronavirus pandemic locked,.. Read More;

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Maui housing market put on brakes in April due to pandemic

National Mortgage
Mortgage Finance
6 years ago

Maui real estate activity slowed in April as the effects of dramatically reduced new listings and resulted in a big,.. Read More;

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Thousands of fewer houses on the market in St. Louis area

National Mortgage
Mortgage Finance
6 years ago

The Hersches planned to list their house for sale last month, but a global pandemic got in the way.Tana Hersch,,.. Read More;

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Multifamily housing projects face delays related to coronavirus

National Mortgage
Mortgage Finance
6 years ago

At least 350 multifamily housing projects using private activity bonds for part of their financing are facing problems with time-sensitive,.. Read More;

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The mortgage job market is holding steady for now

National Mortgage
Mortgage Finance
6 years ago

So far, strong originations have sustained elevated levels of nonbank mortgage hiring, but unprecedented overall unemployment and a decline in,.. Read More;

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Coronavirus stifles Ocwen's momentum in 1Q, casts shadow on future

National Mortgage
Mortgage Finance
6 years ago

After a rocky 2019, Ocwen Financial established cost-cutting initiatives to steer it back toward financial viability. It posted a positive,.. Read More;

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Stand-alone MIs have strong 1Q, but coronavirus makes the future murky

National Mortgage
Mortgage Finance
6 years ago

The four stand-alone private mortgage insurers posted positive first-quarter financial results, as they have yet to deal with large amounts,.. Read More;

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