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Streamlined refinancing could help more homeowners, mortgage bankers tell CFPB

National Mortgage
Mortgage Finance
3 years ago

Mortgage refinancings that limit underwriting requirements could help more borrowers lock in lower rates, the Mortgage Bankers Association said in,.. Read More;

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Why the lending industry needs to make homeownership more inclusive

National Mortgage
Mortgage Finance
3 years ago

The homeownership gap between Black and white populations has widened in the years since the Great Recession, putting obstacles in,.. Read More;

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The truth about attorney opinion letters

National Mortgage
Mortgage Finance
3 years ago

In a challenging time for the mortgage industry, there is some good news: The FHFA, Fannie Mae and Freddie Mac,.. Read More;

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2023 conforming loan limit to rise 12%, topping $1M in some areas

National Mortgage
Mortgage Finance
3 years ago

In 2023, Fannie Mae, Freddie Mac and the Federal Home Loan Banks will buy home loans as pricey as $726,200,.. Read More;

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Home prices drop for third straight month as U.S. market cools

National Mortgage
Mortgage Finance
3 years ago

The U.S. housing market pulled back even more in September, with prices slipping 1.2% from a month earlier.It was the,.. Read More;

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Lenders share their game plans for a difficult stretch

National Mortgage
Mortgage Finance
3 years ago

Buydowns, cash offers and rate lock programs can entice prospective homebuyers to move forward in a sluggish market.,.. Read More;

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Accord Mortgages launches latest resi rate cuts at up to 45bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Products affected in this latest round of cuts include a variety of initial fixed-term offers across a range of loan-to-values,.. Read More;

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MFG launches inaugural lender Rated for Service Awards

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Mortgage Finance Gazette Rated for Service Awards, in association with The Openwork Partnership, are based on a comprehensive bi-annual,.. Read More;

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Fixed rate loans fall by more than 50bps since mini-budget: L&C Mortgages

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Its remortgage tracker shows that the average of low loan-to-value two- and five-year remortgage rates from the top ten lenders,.. Read More;

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The Mortgage Lender adds BTL tracker product

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Its new two-year bank base rate tracker at 75% LTV, tracks BBR +1.86% (initial rate currently 4.86%), reverting to BBR,.. Read More;

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Mortgage borrowing lowest since Nov 2021, BoE report shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This, it adds, is the lowest level recorded since November 2021, when this metric stood at £3.8bn. Meanwhile, approvals for house,.. Read More;

post

Landlords see BTL products come back at higher prices: Moneyfacts

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data group says that overall BTL product availability – among fixed and variable options – jumped by 781 in,.. Read More;

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