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Private-label MBS will go from 'bad to worse' in 2023, forecasts say

National Mortgage
Mortgage Finance
3 years ago

The non-agency mortgage-backed securities market in 2023 will go from "bad to worse," a Barclays Credit Research report declared."We expect,.. Read More;

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How the pandemic may permanently change loss mitigation options

National Mortgage
Mortgage Finance
3 years ago

The market's experience with pandemic-related forbearance and programs that allow postponed payments to be added to the end of the,.. Read More;

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By spring 2023 home price growth will sink below year-ago levels

National Mortgage
Mortgage Finance
3 years ago

Annual home price movements could move into negative territory by next spring, but then turn around and post year-over-year growth,.. Read More;

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BTL products slump with some rates close to 300% higher: Octane Capital

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The specialist lender says the number of buy-to-let mortgage products on offer has slumped by 51.1% over the past year,.. Read More;

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Rickards to stand down as head of BM Solutions after 30 yearsat unit

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The banking giant says the change comes after veteran Rickards accepted a part-time role as chair at broker London and,.. Read More;

post

Castle Trust Bank revamps bridging range

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The specialist bank says it has improved the criteria on its light refurb and heavy refurb bridge products to include,.. Read More;

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Gove urges watchdog industry probe after 300,000 new homes U-turn

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Department for Levelling Up, Housing and Communities yesterday released a November letter the Secretary of State sent to CMA,.. Read More;

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Paragon Bank reports full-year BTL lending went up by 18.2%

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The full-year results revealed an increased focus on specialist BTL lending in the year to 30 September, which comprised 98%,.. Read More;

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NatWest reduces BTL, resi and FTB rates by up to 76bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The high street lender’s broker-only arm says highlights of its new business residential two-year fixed-rate purchase offers includes a 60%,.. Read More;

post

Potential future GSE loan lates reach high in 3Q

National Mortgage
Mortgage Finance
3 years ago

Continued inflation growth and rising interest rates mean that a record high share of conforming mortgages originated in the third,.. Read More;

post

Mortgage fintech Tomo rolls out real-time pre-approval

National Mortgage
Mortgage Finance
3 years ago

Tomo, a Connecticut-based fintech, launched a real-time underwritten mortgage loan pre- approval, which should spit out a credit decision in,.. Read More;

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2022 originations make up 60% of underwater mortgages: Black Knight

National Mortgage
Mortgage Finance
3 years ago

 One in 12 purchase mortgages originated in 2022 is now underwater, as the downturn in home prices over the past,.. Read More;

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