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Mortgage niche showed promise for Michigan bank. Then coronavirus hit.

National Mortgage
Mortgage Finance
6 years ago

University Bancorp in Ann Arbor, Mich., shuttered its wholesale mortgage division a year after its launch when the pandemic made,.. Read More;

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Purchase mortgage applications are still on a roll

National Mortgage
Mortgage Finance
6 years ago

Mortgage applications increased 2.7% from one week earlier, as purchase volume is now outpacing the prior year's activity, according to,.. Read More;

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New housing permits in Connecticut plunge during April

National Mortgage
Mortgage Finance
6 years ago

New housing activity in Connecticut took a precipitous decline last month, with the number of permits issued around the state,.. Read More;

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Mixture of valuations at Pure Retirement

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The lifetime lender’s Heritage, Sovereign and Classic product ranges will feature a mixture of desktop valuations, external and internal inspections,,.. Read More;

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Seven out of ten brokers are confident for the year ahead, says Masthaven

Mortgage Finance Gazette
Mortgage Finance
6 years ago

In a recent survey of more than 200 intermediaries, 71% said they were either confident (65%) or very confident (6%),.. Read More;

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Knowledge Bank links with Hodge to provide criteria sourcing

Mortgage Finance Gazette
Mortgage Finance
6 years ago

This means that the criteria for Hodge’s residential, retirement, equity release and buy-to-let mortgages will be available through the lender’s,.. Read More;

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NatWest to launch additional borrowing for product transfers

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Since its launch into product transfers in December 2017 this has been the main area brokers have been asking the,.. Read More;

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Delinquencies and foreclosures won't be as bad as feared, data suggests

National Mortgage
Mortgage Finance
6 years ago

The pace of forbearance requests by homeowners has almost leveled off in recent weeks, raising hope among mortgage servicers that,.. Read More;

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Mortgage forbearance growth slows overall, but hits Ginnie Mae hardest

National Mortgage
Mortgage Finance
6 years ago

The pace of growth in the number of mortgages with coronavirus-related forbearance has slowed again, as the number of such,.. Read More;

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For-sale inventory drops by 20%, as coronavirus halts rent growth

National Mortgage
Mortgage Finance
6 years ago

While the spring home-selling season was already off to a rough start thanks to the novel coronavirus, some cities saw,.. Read More;

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GSEs push online coronavirus relief education out to consumers

National Mortgage
Mortgage Finance
6 years ago

Both government-sponsored enterprises launched online education efforts to provide guidance to borrowers and renters that were affected by the coronavirus.Fannie,.. Read More;

post

Ignite the coronavirus economic rebound via single-family construction

National Mortgage
Mortgage Finance
6 years ago

A robust post-coronavirus economic recovery revolves around opening industries and businesses quickly but safely. Non-urban, single-family residential construction must be,.. Read More;

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