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Investor purchases fell by record amounts at end of 2022

National Mortgage
Mortgage Finance
3 years ago

Housing price volatility appears to have led many real estate investors to temporarily reevaluate their purchase plans, according to new,.. Read More;

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Ocwen's motion to stop HAMP lawsuit gets denied

National Mortgage
Mortgage Finance
3 years ago

Whistleblower allegations of False Claims Act violations in a foreclosure prevention program dating back to 2009 are progressing following a,.. Read More;

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Lender countersues NASCAR team in sponsorship battle

National Mortgage
Mortgage Finance
3 years ago

Equity Prime Mortgage is firing back at a NASCAR team accusing it of breaking a sponsorship deal, suggesting the racing,.. Read More;

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U.S. homebuilder sentiment increases by most since mid-2020

National Mortgage
Mortgage Finance
3 years ago

U.S. homebuilder sentiment increased in February by more than forecast, indicating an easing of mortgage rates over the past several,.. Read More;

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Mortgage volumes decrease to erase prior week's gain

National Mortgage
Mortgage Finance
3 years ago

Home loan applications fell as interest rates increased last week, reversing an upswing in borrowing activity earlier in the month,,.. Read More;

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Blog: High inflation and rising rates: The global impact on mortgages Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Due to the high inflation levels experienced in the UK throughout 2022, reaching a peak of 11.1% in the 12,.. Read More;

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20 residential servicers ranked by subservicing for others in Q3

National Mortgage
Mortgage Finance
3 years ago

The top five residential servicers in our ranking have a combined unpaid principal balance of more than $1 trillion at,.. Read More;

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Financial Ombudsman records 7% lift in new complaints Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The statutory body formed in 2001 to settle disputes between firms and customers, received 41,303 new complaints compared to 38,470,.. Read More;

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Barclays profit falls 15% to

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The high street bank says UK mortgage balances lifted 2.6% to 162.2bn in the period compared to a year ago.,.. Read More;

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January remortgage instructions increase 33%: LMS Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The conveyancing services firm found that borrowers who remortgaged in January saw their average monthly payment jump by £239. Data shows,.. Read More;

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Conveyancing costs rise 8% to

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This breaks down to rises of 2.6%, for home sales, and 8%, for purchases, compared to 12 months ago says,.. Read More;

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PLS Solicitors receives ABS license from SRA Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The switch will allow non-lawyers to serve as owners and in senior leadership positions. PLS Solicitors managing director Dan Hickey says:,.. Read More;

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