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Wells Fargo offers riskier CMBS from a longstanding shelf

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo is launching a $764.4-million commercial mortgage-backed security (CMBS) that pools loans to a diverse group of properties, including,.. Read More;

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UWM's latest product does not require mortgage insurance for purchases

National Mortgage
Mortgage Finance
4 years ago

The latest purchase loan product offering from United Wholesale Mortgage does not require private mortgage insurance when the borrower is,.. Read More;

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Home prices are overvalued in 70% of metropolitan areas: Fitch

National Mortgage
Mortgage Finance
4 years ago

After the past year of record-shattering home price appreciation, the majority of the country is overvalued, according to Fitch Ratings,.. Read More;

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Blends closing, title and other products gain traction with lenders

National Mortgage
Mortgage Finance
4 years ago

Blend’s heavy investment in diversification beyond its core digital-mortgage technology into income verification, closing, title and homeowners insurance is gaining,.. Read More;

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Mortgage volume drops, even as purchase activity bucks seasonal trends

National Mortgage
Mortgage Finance
4 years ago

Mortgage volumes decreased for the second time in three weeks, as rising rates drove down borrowing, according to the Mortgage,.. Read More;

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House price growth picks up pace in September

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The average UK house price reached a record high of just under £270,000 which was £28,000 higher than last year,,.. Read More;

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Protection 'just as important as buildings insurance' to younger generation

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This is nearly twice as many, at 19%, of the 35 to 54 years old cohort and 10 times as,.. Read More;

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Near-decade of saving necessary for FTBs, says YBS

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This figure is extracted from the average amount saved per month by people aged 18 to 34, which is £114,,.. Read More;

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FinLocker and Argyle partner for employment, income verification

National Mortgage
Mortgage Finance
4 years ago

FinLocker and Argyle are teaming up to help shorten the underwriting process and simplify mortgage applications for consumers.The partnership will,.. Read More;

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Fintech nCino to purchase SimpleNexus for $1.2B

National Mortgage
Mortgage Finance
4 years ago

Fintech nCino is acquiring SimpleNexus in a deal valued at $1.2 billion, expanding its footprint into the independent mortgage banker,.. Read More;

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Ginnie Mae expands digital collateral use to ease loan modifications

National Mortgage
Mortgage Finance
4 years ago

Ginnie Mae has expanded its digital capabilities to modified mortgages originally processed using more manual methods.The government agency, an arm,.. Read More;

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CFPB seeks public feedback on impact of HMDA rule

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau is seeking comment on an agency rule implementing changes to the Home Mortgage Disclosure Act,.. Read More;

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