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PennyMac, Radian and others announce more layoffs

National Mortgage
Mortgage Finance
3 years ago

More players in the mortgage space are trimming their workforce as the industry discloses third quarter performances alongside still-muted loan,.. Read More;

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Condo, HOA units increased but reserve funds dipped in 2021

National Mortgage
Mortgage Finance
3 years ago

Estimates for the number of housing units in community associations climbed another notch last year, but a condominium building's collapse,.. Read More;

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Opendoor lays off 18% of workers in wave of housing cutbacks

National Mortgage
Mortgage Finance
3 years ago

Opendoor Technologies Inc. is laying off about 550 employees after higher mortgage rates cratered U.S. housing demand.The layoffs will reduce,.. Read More;

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Fed hikes again by 75 basis points, hints at entering end phase

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve officials signaled their aggressive campaign to curb inflation could be entering its final phase even as they delivered,.. Read More;

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Mortgage application activity comes in flat

National Mortgage
Mortgage Finance
3 years ago

New loan activity flattened last week, with overall volumes posting a slight drop, as a small uptick in refinances was,.. Read More;

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Servicing fintech Haven raises $8M in funding

National Mortgage
Mortgage Finance
3 years ago

Haven, a fintech servicing platform, raised $8 million in Series A funding, per a press release published this week.The funding,.. Read More;

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Blog: Prioritising service could help broker/lender relationships

Mortgage Finance Gazette
Mortgage Finance
3 years ago

During the pandemic years brokers needed service from lenders to be at its best. Whether it was via their BDM,,.. Read More;

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Less than 20% of UK would like to live in a new home: YouGov

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The poll found that just 18% of adults said they would “prefer to live in” a house that was built,.. Read More;

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Complaints to FOS increase by 10%

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Within this period the FOS received 38,470 new complaints compared to 35,029 between April and June. For residential mortgages, there were,.. Read More;

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Hampshire Trust Bank appoints MD for specialist mortgages division

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Most recently, Daly served as head of origination and real estate finance at Secure Trust Bank, leading the formation and development,.. Read More;

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Virgin Money reduces rates, launches exclusive remortgage loan

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The lender has cut rates on selected 75% to 90% loan-to-value two-and five-year fixed-rate offers by up to 16 basis,.. Read More;

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Equity release loans top

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Plan sales lifted by 29% to 13,341 in the three months to the end of September compared with the same,.. Read More;

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