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CFPB's QM rule under scrutiny after dust-up over bank statement loans

National Mortgage
Mortgage Finance
3 years ago

Bank statement loans are coming under renewed scrutiny due to the Consumer Financial Protection Bureau's guidelines that require mortgage lenders,.. Read More;

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Carrington nearly doubles its servicing portfolio, now at $122.1B

National Mortgage
Mortgage Finance
3 years ago

Carrington Mortgage Services has reported that it bought $62.3 billion in servicing from home loans held by more than 236,000,.. Read More;

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U.S. homebuilder sentiment extends record decline to 12 months

National Mortgage
Mortgage Finance
3 years ago

U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in over a decade,.. Read More;

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Fannie Mae cuts 2023 outlook on recession expectations

National Mortgage
Mortgage Finance
3 years ago

The likelihood of a recession drove a reduction in Fannie Mae's mortgage origination forecast for 2023, albeit only by $16,.. Read More;

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Opinion: Attorney opinion letters are key to providing consumer choice

National Mortgage
Mortgage Finance
3 years ago

As might be expected of a lobbyist representing the title insurance industry, and the trade association fully funded and controlled,.. Read More;

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Santander boosts product transfer tracker and new business pay rates by 50bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The high street lender says its rates and fees on fixed-rate products will not change.   It adds no action is,.. Read More;

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Property transactions hit five-year high adding to conveyancing delays: Search Acumen

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Completed property transactions were up 8% in the period compared to the previous quarter — excluding the first quarter of,.. Read More;

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Blog: The changing demands of KYC

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Across financial services, KYC certainly isn’t new and has long been a principal way for firms to verify the identity,.. Read More;

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Housing market sentiment remains low but stable, says BSA

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The survey found there is low consumer confidence in the housing market, with just 14% of people thinking now is,.. Read More;

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Just Group partners withVibrant to offer free EPCs to later life borrowers

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The deal will see the retirement specialist and the property services company provide the service across the Just For You,.. Read More;

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Third of adverse credit customers concerned over mortgage finance: Pepper Money

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It finds that 33% of people with adverse credit say their unsecured debt has increased in the last 12 months,,.. Read More;

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2022: The End of the Free Money Era | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

What a long, strange trip 2022 has been. At the start of the year, who would have believed that we would,.. Read More;

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