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Freddie Mac to allow cash flow history in underwriting

National Mortgage
Mortgage Finance
3 years ago

Freddie Mac next month will allow lenders and brokers to review a borrower's bank account data to incorporate positive monthly,.. Read More;

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An FHLB asks: Can alternative payment data improve fairness?

National Mortgage
Mortgage Finance
3 years ago

Alternative credit reporting data could help government related agencies make mortgage underwriting and homeownership more equitable among racial groups, but,.. Read More;

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FHA seeks to increase loan limits for manufactured housing

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration issued a proposed rule on Tuesday that would update loan limits annually for Title I manufactured,.. Read More;

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Atlanta housing market now in recession, expert says

National Mortgage
Mortgage Finance
3 years ago

SeanPavonePhoto - stock.adobe.com As higher mortgage rates bite harder, the number of metro Atlanta home sales in September,.. Read More;

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Dozens of bank trade groups ask FHFA to change its tangible capital rule

National Mortgage
Mortgage Finance
3 years ago

Dozens of bank trade groups are urging Federal Housing Finance Agency Director Sandra Thompson to modify a rule to allow,.. Read More;

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Roofstock facilitates sale of property via NFT on a blockchain

National Mortgage
Mortgage Finance
3 years ago

Roofstock, a company that sells rental properties, announced the first sale of a single-family property via a non-fungible token, or,.. Read More;

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Homebuilder sentiment takes another hit as new-home sales dip

National Mortgage
Mortgage Finance
3 years ago

New residential construction home framing against a blue sky. Roofing construction. Wooden constructionValentyn Semenov +1 (908) 720-43/ungvar - stock.adobe.com ,.. Read More;

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5 things Fannie Mae's chief information officer shared about its plans

National Mortgage
Mortgage Finance
3 years ago

Ramon Richards discusses Fannie's tech roadmap for 2023, retaining tech personnel, and relying on third party vendors,.. Read More;

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Even as U.S. inflation climbs, Wall Street sees steep fall coming

National Mortgage
Mortgage Finance
3 years ago

Many Wall Street economists are holding firm to their bet that U.S. inflation will slow substantially over the next year,.. Read More;

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Sprout Mortgage sued for breaking post-closure agreement

National Mortgage
Mortgage Finance
3 years ago

A warehouse lender is suing Sprout Mortgage to recover a six-figure sum, claiming the shuttered company and its CEO are,.. Read More;

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Govt. launches

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The new fund is designed to accelerate plans “to scale up the green finance market” and provide households with more,.. Read More;

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OneFamily Lifetime Mortgages pauses lending

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Products will no longer be available from close of business (tomorrow), Wednesday 19 October 2022. The lender says the reason for,.. Read More;

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