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MBA creates servicer notifications for Libor's discontinuation

National Mortgage
Mortgage Finance
5 years ago

The Mortgage Bankers Association has published two templates for servicers to use for borrower communications regarding the end of Libor,.. Read More;

post

Closing times drop back to pre-pandemic levels as spring buying starts

National Mortgage
Mortgage Finance
5 years ago

In March, the average number of days it took to close a home buyer loan declined after such timelines expanded,.. Read More;

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Surging homeowner equity likely to keep listings off the market

National Mortgage
Mortgage Finance
5 years ago

Purchasing power grew for the 14th consecutive month in February but rising property values and mortgage rates are likely to,.. Read More;

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Why independent mortgage banks might want to sell themselves now

National Mortgage
Mortgage Finance
5 years ago

The Northeast is enjoying an old fashion Spring: cold and in some cases freezing even as May fast approaches. But,.. Read More;

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Extra Space portfolio highlights $817M Morgan Stanley CMBS

National Mortgage
Mortgage Finance
5 years ago

A portfolio of Extra Space self-storage facilities in Florida and Georgia is the largest among 41 loans being pooled into,.. Read More;

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Home prices in U.S. surge most since 2006 with inventory tight

National Mortgage
Mortgage Finance
5 years ago

U.S. home prices soared the most in 15 years, with low mortgage rates and a scant inventory of properties to,.. Read More;

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Borrowers urged to consider 95% LTV options outside of government scheme

Mortgage Finance Gazette
Mortgage Finance
5 years ago

It has gone as far to suggest buyers try to stretch their deposit to 10% in order to benefit from,.. Read More;

post

BuildLoan expands distribution as self-build gets set to go mainstream

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The business, which specialises in residential mortgages for self-build, custom build, renovations, conversions and home improvements, works exclusively with brokers,.. Read More;

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Stamp duty holiday creates shift in equity release usage

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This is according to data from equity release advisory service, Equity Release Supermarket, which reported a 123% boost in house,.. Read More;

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The Nottingham unveils new buy-to-let range for large deposit landlords

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The building society unveiled four new two and five-year fixed mortgages – all with a free valuation – which add,.. Read More;

post

Biggest impediment to mortgage growth? Shortage of new homes.

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — It is well-established that mortgage lenders will need to pivot to new areas of growth as rising rates,.. Read More;

post

Mr. Cooper works to resolve duplicate payment draft errors

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper on Monday was working on reversing unauthorized duplicate-payment drafts from some of its borrowers’ bank accounts.The drafts did,.. Read More;

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