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LMS report reveals busy September for remortgages

Mortgage Finance Gazette
Mortgage Finance
4 years ago

As well as this, there were 108% more remortgages completed in September than in the month previous, while cancellations increased,.. Read More;

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Residential property taxes 9% higher than pre-pandemic

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Residential property transactions in 2022/23 are set to be 9% higher than pre-pandemic levels. The OBR’s economic and fiscal outlook, which,.. Read More;

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Starwood backs mortgage startup Valon at $590 million valuation

National Mortgage
Mortgage Finance
4 years ago

Valon Technologies Inc., a startup that operates a digital mortgage-servicing platform, raised $43.9 million in equity funding from investors including,.. Read More;

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September Nationwide data shows average house price rising 9.9%

Mortgage Finance Gazette
Mortgage Finance
4 years ago

At £250,311, this means the average price has increased by more than £30,000 since the start of the pandemic and,,.. Read More;

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People of color, young borrowers likelier to file credit disputes: CFPB

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — Families in majority Black and Hispanic communities, younger consumers, and those with low credit scores have a higher,.. Read More;

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Pretium acquires fix-and-flip lender Anchor Loans

National Mortgage
Mortgage Finance
4 years ago

Investment management company Pretium's acquisition of fix-and-flip lender Anchor Loans kicks off an expansion of the company’s mortgage-related assets.Pretium purchased,.. Read More;

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Congress coalescing around need for Libor replacement bill

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — Congress is moving closer to advancing legislation to address potential fallout from the transition to a new interest,.. Read More;

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New Residential sees more acquisitions in the cards

National Mortgage
Mortgage Finance
4 years ago

Following its recent acquisitions of Caliber Home Loans and Genesis Capital, further deals are likely forthcoming at New Residential, executives,.. Read More;

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Zillow shuts home-flipping business after racking up losses

National Mortgage
Mortgage Finance
4 years ago

The Zillow app Photographer: Tiffany Hagler-Geard/BloombergTiffany Hagler-Geard/Photographer: Tiffany Hagler-GeaZillow Group Inc. is pulling the plug on its tech-powered home-flipping operation,.. Read More;

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Significant slowdown in home price growth forecasted for 2022

National Mortgage
Mortgage Finance
4 years ago

Nationwide home price growth is in line for a massive deceleration over the next 12 months as the effect of,.. Read More;

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Number of borrowers with refinance incentive plunges as rates rise

National Mortgage
Mortgage Finance
4 years ago

The increase in financing costs since September’s Federal Open Market Committee meeting has diminished mortgage prospects by 34%, according to,.. Read More;

post

Fed to taper in November amid inflation concerns, economists say

National Mortgage
Mortgage Finance
4 years ago

The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Oct. 8, 2021. The Senate approved legislation,.. Read More;

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