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Forbearances fall as 400,000 plans near exit

National Mortgage
Mortgage Finance
4 years ago

Forbearance numbers continued their steady decline this year, now down by more than two-thirds from the peak in 2020, as,.. Read More;

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Mortgage bond platform aims to reach smaller lenders

National Mortgage
Mortgage Finance
4 years ago

Agile, a partner company to advisory firm Mortgage Capital Trading, has formally rolled out a platform aimed at allowing a,.. Read More;

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Old Republic settles charges of anti-competitive hiring practices

National Mortgage
Mortgage Finance
4 years ago

Old Republic International will pay $1 million to the New York Attorney General's office to settle charges that the title,.. Read More;

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Mortgage payments have jumped nearly twice as high as rents

National Mortgage
Mortgage Finance
4 years ago

After over a year of historical home price growth, mortgage payment amounts accelerated nearly twice as fast as rent since,.. Read More;

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Wells Fargo hires Calibers Ann Thorn to lead mortgage servicing

National Mortgage
Mortgage Finance
4 years ago

Longtime mortgage-industry leader Ann Thorn is leaving Caliber Home Loans to manage Wells Fargo’s servicing portfolio.The banking giant’s home lending,.. Read More;

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Average fixed rates drop further this week, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The average two-year fix dropped 3 basis points to 2.33% and the average three-year fix fell 2 basis points, to,.. Read More;

post

SoMo posts record first-half results

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm, which focuses on residential and commercial bridging loans secured over UK property, says its capital losses were zero,.. Read More;

post

Wells Fargo fined $250 million for mortgage violations

National Mortgage
Mortgage Finance
4 years ago

Regulators ordered Wells Fargo on Thursday to pay a $250 million penalty in connection with problems in its home lending,.. Read More;

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United Wholesale Mortgage to offer in-house appraisal option

National Mortgage
Mortgage Finance
4 years ago

United Wholesale Mortgage will start working directly with appraisers, something that is not common for the broker-facing sector, which normally,.. Read More;

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Ginnie Mae mortgage bond issuance falls to low last seen in July 2020

National Mortgage
Mortgage Finance
4 years ago

Ginnie Mae mortgage-backed securities issuance in August fell to a low last seen over a year ago as it inched,.. Read More;

post

Ida flood damage could cost Northeast up to $24 billion

National Mortgage
Mortgage Finance
4 years ago

After causing over $20 billion in property damage along the Gulf Coast, Ida, downgraded to a tropical storm from a,.. Read More;

post

Foreclosure starts rose 27% after the federal ban ended

National Mortgage
Mortgage Finance
4 years ago

The end of a federal ban on July 31 gave foreclosure starts a boost in August but the amount remains,.. Read More;

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