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Growth-hungry banks see opportunity in home renovation boom

National Mortgage
Mortgage Finance
4 years ago

As Americans continue to spend big on home improvement projects, banks are seizing the opportunity — both by embracing organic,.. Read More;

post

Fannie Mae prices first credit risk transfer deal since pandemic

National Mortgage
Mortgage Finance
4 years ago

Government-sponsored enterprise Fannie Mae, fulfilling a promise made last month, priced its first structured single-family credit risk transfer since the,.. Read More;

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2021 Election Promises: Housing Policies

GLM Mortgage Group
Mortgage Finance
4 years ago

A few weeks ago we had a Federal Election. Throughout the election campaign, many promises were made from all parties,.. Read More;

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Former San Francisco officials face mortgage fraud allegations

National Mortgage
Mortgage Finance
4 years ago

Former San Francisco Public Utilities Commission head Harlan Kelly is facing new federal charges of bank fraud and conspiracy to,.. Read More;

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Mortgage volumes tumble, with average loan sizes also decreasing

National Mortgage
Mortgage Finance
4 years ago

Mortgage activity dropped off last week, as rising interest rates helped put the brakes on both new purchases and refinances.The,.. Read More;

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Cost of moving home up 12%, says Moneysupermarket

Mortgage Finance Gazette
Mortgage Finance
4 years ago

As people move house on average 5.5 times during their lifetime, this equates to a total of £4,116 – up,.. Read More;

post

Blend to launch income verification product

National Mortgage
Mortgage Finance
4 years ago

After nearly a year in development, Blend Labs took another step toward making the financial services sector more efficient in,.. Read More;

post

House price growth jumps to 10.6% in August

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Office for National Statistics data show that the average house price across the UK reached £264,000 in August, an increase,.. Read More;

post

Proportunity raises over

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The latest funding round, following one in 2020 that resulted in £7.3m of investment, was led by VentureFriendes, Kibo Ventures,,.. Read More;

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Low-to-moderate income borrowers can add $300 billion in originations

National Mortgage
Mortgage Finance
4 years ago

Scores of low-to-moderate income consumers represent an untapped client base for the mortgage industry, but a lack of clear strategies,.. Read More;

post

Servicers bracing for new scrutiny, complexities as forbearance ends

National Mortgage
Mortgage Finance
4 years ago

Mortgage servicers and attorneys are preparing for regulators to start looking more closely at borrowers exiting pandemic-related payment suspensions, following,.. Read More;

post

Although origination margins are down, expenses keep rising

National Mortgage
Mortgage Finance
4 years ago

Mortgage origination revenue is returning to more normal levels after a year of extraordinary earnings driven by massively high gain,.. Read More;

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Pending home sales fell to record low in January

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