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Fed hints that rate hikes may moderate, but not coming down anytime soon

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — After months of rapid hikes, the Federal Reserve is poised to slow its pace of rate increases during,.. Read More;

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Reverse Mortgage Funding files for bankruptcy

National Mortgage
Mortgage Finance
3 years ago

Reverse Mortgage Funding and its parent company Reverse Mortgage Investment Trust have filed for Chapter 11 protection in the U.S.,.. Read More;

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RMBS issuance likely to end the year down 17%

National Mortgage
Mortgage Finance
3 years ago

New issuance of rated, first-lien residential-mortgage securitizations consisting of loans originated after the Great Recession slowed notably in 2022, but,.. Read More;

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Envoy Mortgage sheds nearly 30% of its corporate workforce

National Mortgage
Mortgage Finance
3 years ago

Envoy Mortgage had its third round of layoffs the week before Thanksgiving, according to employees impacted.The company shed close to,.. Read More;

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Purchase applications pick up over Thanksgiving stretch

National Mortgage
Mortgage Finance
3 years ago

Mortgage applications decreased following a two-week rebound as a continued uptick in purchases was offset by an even greater decline,.. Read More;

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A housing crash is coming, many consumers believe

National Mortgage
Mortgage Finance
3 years ago

A significant share of Americans — 41% — believe the housing market is headed for a crash in the next,.. Read More;

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Mr. Cooper servicing unit accused of deceit in COVID loss mitigation

National Mortgage
Mortgage Finance
3 years ago

A pair of borrowers are suing Mr. Cooper for denying them a pandemic-related loss mitigation plan, accusing the firm's servicing,.. Read More;

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U.S. pending home sales drop for a fifth month on higher rates

National Mortgage
Mortgage Finance
3 years ago

A home under construction in the Woodbridge subdivision in Sumter, South Carolina, U.S., on Tuesday, July 6, 2021. U.S. pending,.. Read More;

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Flexible criteria more valuable than IT shortcuts for brokers: United Trust Bank

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The capacity to ‘take a view’ on individual home loan applications was valued by an overwhelming 99% of brokers in,.. Read More;

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Living costs crisis 'concerns' 20 million Brits: Bluestone Mortgages

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The study by the lender says 37% of adults – the equivalent of nearly 20 million people when extrapolated from,.. Read More;

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Knowledge Bank 12 days of Christmas giveaway returns for fifth year in a row

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The criteria search engine’s campaign will run for 12 working days from 1 to 16 December, with prizes sponsored by,.. Read More;

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HUD extends some relief for reverse mortgage payments

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration has further extended some of the leeway it gave distressed consumers with reverse mortgages and servicers,.. Read More;

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