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Meet the new banking lawmakers

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Both the Senate Banking Committee and the House Financial Services Committee have officially named their members, including several,.. Read More;

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Wells Fargo cuts 140 positions from correspondent lending team

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo handed 140 pink slips to employees in its Springfield, Illinois office in mid- January, according to a Worker,.. Read More;

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ICE Mortgage Technology sees 4Q loss, but recurring revenue gains

National Mortgage
Mortgage Finance
3 years ago

Intercontinental Exchange's mortgage technology unit posted a fourth-quarter loss, but reported strength in sales of its Encompass loan-origination software and,.. Read More;

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With FOMC hike baked in, mortgage rates sink

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates moved down another four basis points this week, as the markets anticipated the 25 basis point increase the,.. Read More;

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Fannie Mae adding timing restriction for cash-out refis in April

National Mortgage
Mortgage Finance
3 years ago

Government-sponsored enterprise Fannie Mae has added a new timing restriction for cash-out refinances that will become mandatory on April 1,.. Read More;

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Essent buying title insurance companies for $100M

National Mortgage
Mortgage Finance
3 years ago

Essent Group agreed to purchase the title insurance subsidiaries of Finance of America's Incenter business for $100 million, the latest,.. Read More;

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HLPartnership and Mortgage Marketing Forum to run joint adviser training events Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The broker network says the industry membership community will host educational events and training programmes together with the business.  It adds,.. Read More;

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Santander UK mortgage loans jump 31% to

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The UK arm of the Spanish bank says net mortgage lending rose 31% to £9.8bn last year, classing 85% of,.. Read More;

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Rising living costs push a quarter of movers to downsize in 2022: Reallymoving Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Downsizers made up 17% of all movers last January, rising steadily throughout the year to account for 24% of all,.. Read More;

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Base rate hiked to 4% Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Monetary Policy Committee voted by a majority of 7-7 to make this increase. The members in the minority voted to,.. Read More;

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Quarter of households stall on green home upgrades as living costs bite: NatWest Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

They report that 26% of homeowners said the rise in the cost of living had made them less likely to,.. Read More;

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Virgin Money raises SVRs by 50bps in advance of BoE base rate decision Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The lender, which also owns Clydesdale and Yorkshire Bank, says at Virgin Money the residential standard variable rate rises to 7.74% from,.. Read More;

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