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Pricey lumber is back boosted by supply cuts, labor shortage

National Mortgage
Mortgage Finance
4 years ago

High lumber prices are back, even as the industry steps into what is normally a seasonal lull.Prices are climbing amid,.. Read More;

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Mortgage applications among seniors more likely to be rejected

National Mortgage
Mortgage Finance
4 years ago

Mortgage applications among those 65 and older are denied at higher rates than younger groups, and increasing debt is driving,.. Read More;

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HooYu launches re-usable digital identity system

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Identity credentials are encrypted and stored on the user’s smartphone, with HooYu unable to access this data. This can then be,.. Read More;

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CFPBs new leader is putting big tech on notice

National Mortgage
Mortgage Finance
4 years ago

Consumer Financial Protection Bureau Director Rohit Chopra is laying the groundwork for regulatory oversight of the largest technology companies as,.. Read More;

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Technology spend does little to lower loan fulfillment costs: Stratmor

National Mortgage
Mortgage Finance
4 years ago

The automation mortgage lenders are investing in isn’t necessarily paying off in lower fulfillment expenses or higher profitability, according to,.. Read More;

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MISMO invites comments for new mortgage insurer API standard

National Mortgage
Mortgage Finance
4 years ago

The Mortgage Industry Standards Maintenance Organization is seeking comments on its JavaScript Object Notation application programming interface created to obtain,.. Read More;

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Mortgage servicer hit with OCC order for poor risk controls

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — One of the nation’s largest mortgage servicers was issued a consent order on Tuesday by the Office of,.. Read More;

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Wells Fargo backs mortgage startup Maxwell

National Mortgage
Mortgage Finance
4 years ago

Maxwell, a startup that operates an online platform catering to mortgage loan officers and smaller lenders, raised $28.5 million in,.. Read More;

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U.S. home-price appreciation is cooling off ever so slightly

National Mortgage
Mortgage Finance
4 years ago

U.S. home prices jumped 19.8% in August, the latest in a string of massive gains in the pandemic real estate,.. Read More;

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U.S. new-home sales top forecast with best pace since March

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes increased in September to the highest level in six months, underscoring solid underlying demand.Purchases of,.. Read More;

post

The impact of hurricane season on mortgages and the wider economy

National Mortgage
Mortgage Finance
4 years ago

A submerged street sign on a flooded street after Hurricane Ida in Laplace, Louisiana, U.S., on Thursday, Sept. 2, 2021.,.. Read More;

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New lender Generation Home joins Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender’s mortgages are currently distributed exclusively via Legal & General. It offers a way for family and friends to support,.. Read More;

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Pending home sales fell to record low in January

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