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Foreclosure starts resume rise, inching closer to pre-pandemic levels

National Mortgage
Mortgage Finance
3 years ago

Initial foreclosure actions in August inched closer to pre-pandemic norms while completions remained far lower than they were prior to,.. Read More;

post

Realtor.com announces layoffs as industry cuts deepen

National Mortgage
Mortgage Finance
3 years ago

Another major player in the real estate market is trimming payroll in response to waning housing demand. Realtor.com this week cut,.. Read More;

post

Industry profits decline as large banks prepare for rising interest rates: FDIC

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Bank net income declined year-over-year as large banks set aside capital to weather rising interest rates and other,.. Read More;

post

UWM next to boost its conforming limit early

National Mortgage
Mortgage Finance
3 years ago

United Wholesale Mortgage quickly followed its Detroit-area rival Rocket Pro TPO in boosting its conforming loan limit in advance of,.. Read More;

post

Rent, disbursements power Zelle's transaction growth

National Mortgage
Mortgage Finance
3 years ago

Five years after its launch, the bank-owned peer-to-peer payments service Zelle is driving transactions at a rate of about $1.6,.. Read More;

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Toomey demands tougher enforcement on banks' deals with community groups

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — The top Republican on the Senate Banking Committee is urging federal banking regulators to change the rules governing,.. Read More;

post

Fed report shows weak U.S. growth outlook with inflation cooling

National Mortgage
Mortgage Finance
3 years ago

High prices and a tight labor market weighed on U.S. economic prospects over the next year, though inflation showed signs,.. Read More;

post

Mortgage rates hit their highest point since 2008

National Mortgage
Mortgage Finance
3 years ago

Three major mortgage-rate categories surged to highs not seen in over a decade, as the inflation battle continues dictating their,.. Read More;

post

Pepper Advantage partners with fraud prevention platform Thirdfort

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Investment platform Thirdfort has secured equity funding and a strategic partnership with Pepper Advantage. Thirdfort is a risk management platform combining,.. Read More;

post

July sees 29% rise in new second charge deals

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The value of these new agreements came to £45m. In total, there were 3,127 new agreements, collectively worth £146m, which is,.. Read More;

post

UK house prices rise by 12% as regions rally, shows e.surv data

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This data, which uses Land Registry figures for both mortgaged and cash purchases, shows the property market remained resilient across,.. Read More;

post

August sees biggest dip in buyer's interest since Covid, says Rics

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Its latest monthly report shows how the cost of living crisis and higher interest rates are impacting buyer demand, with,.. Read More;

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