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Ginnie Mae MBS issuance plateaus near a record high in November

National Mortgage
Mortgage Finance
5 years ago

Issuance of mortgage-backed securities insured by Ginnie Mae inched down to $76.2 billion in November, but remained close to its,.. Read More;

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Will CMBS litigation be the new RMBS litigation?

National Mortgage
Mortgage Finance
5 years ago

Residential mortgage-backed securities offerings prior to 2008 gave rise to an abundance of litigation, some of which continues to this,.. Read More;

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Credit availability expanded for second month in a row: MBA

National Mortgage
Mortgage Finance
5 years ago

Lenders loosened their mortgage credit standards for the second month in a row in November because of strong housing demand,.. Read More;

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Seattle-area home sales slow down, but crunch intensifies for buyers

National Mortgage
Mortgage Finance
5 years ago

Despite an unpredictable year, one degree of normalcy has returned to Seattle-area home sales: In a dip typical of the,.. Read More;

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Necessity - the mother of invention in 2020?

Mortgage Finance Gazette
Mortgage Finance
5 years ago

It’s old hat at this point to speak about how the pandemic has “changed our way of working”. The UK’s first,.. Read More;

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Kensington Mortgages launches product range in Northern Ireland

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The lender said the official launch in the country marks it out as the only specialist provider to operate across,.. Read More;

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Optimus to deliver new conveyancing service for Moneyfacts

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Moneyfacts has signed a contract to use Optimus, a conveyancing management specialist for mortgage brokers, lenders, estate agents and introducers,,.. Read More;

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Buckinghamshire Building Society temporarily suspends new applications

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The lender said it would now only be accepting applications where a decision in principle (DIP) had already been approved. In,.. Read More;

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Bank of England: Loan values rise by 2.9% annually in Q3

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The Bank of England’s (BoE) latest quarterly mortgage lending data revealed there were £1,527.3 billion of mortgages outstanding at the,.. Read More;

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Retaining existing mortgage customers remains a struggle: Black Knight

National Mortgage
Mortgage Finance
5 years ago

Average retention rates for refinances dropped to 18% in the third quarter, down from an upwardly revised 20% the previous,.. Read More;

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Forbearance rate holds after two weeks of growth

National Mortgage
Mortgage Finance
5 years ago

After two weeks of increases, the number of mortgages in coronavirus-related forbearance stayed static between Nov. 23 and 29, according,.. Read More;

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Mr. Cooper, U.S. Bank & PNC settle claims regarding bankrupt borrowers

National Mortgage
Mortgage Finance
5 years ago

On the same day that Mr. Cooper announced it settled allegations over its servicing practices, it and two other lenders,.. Read More;

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