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New FICO score may reduce mortgage defaults, but will the GSEs use it?

National Mortgage
Mortgage Finance
6 years ago

FICO plans to release a new suite of scores that could reduce defaults on newly originated mortgages by 17%, but,.. Read More;

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5 questions for Altisource's John Vella

National Mortgage
Mortgage Finance
6 years ago

While small in scope compared to the market at large, growth in the non-QM market has proved attractive to the,.. Read More;

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Shawbrook Bank simplifies BTL range and creates new online application form

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Shawbrook did have 10 BTL products and refreshed the range in late 2019 to seven, it is now down to,.. Read More;

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Survey shows TRID compliance is curtailing lending at credit unions

National Mortgage
Mortgage Finance
6 years ago

The TILA-RESPA Integrated Disclosure rule is having an adverse effect on credit union lending, according to the Credit Union National,.. Read More;

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Sustained lower mortgage rates could hold back potential home sales

National Mortgage
Mortgage Finance
6 years ago

December's potential for existing-home sales grew by 1.7% compared with November because of low mortgage rates, but in the future,.. Read More;

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Bay Area home bidding wars a thing of the past?

National Mortgage
Mortgage Finance
6 years ago

Bidding wars for Bay Area homes have scraped new lows, as buyer fatigue with high prices and stressful deals saturates,.. Read More;

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Oxane Partners expands into loan servicing market

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The firm provides technology-driven solutions to the alternative investments industry with a focus on real estate. The ranking report from the,.. Read More;

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Metro Atlanta home prices up 6.7% for year

National Mortgage
Mortgage Finance
6 years ago

Home prices in metro Atlanta were higher in 2019 than the year before, but that didn't deter buyers in the,.. Read More;

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Mortgage rates fall on concerns over virus outbreak

National Mortgage
Mortgage Finance
6 years ago

Mortgage rates fell to their lowest level in three months, possibly because investors became nervous following the spread of a,.. Read More;

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Provident in Massachusetts buys warehouse lending business

National Mortgage
Mortgage Finance
6 years ago

Provident Bank in Amesbury, Mass., has entered warehouse lending after buying a business from People’s United Financial in Bridgeport, Conn.The,.. Read More;

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Mortgage, securities groups seek alternatives to UMBS pooling change

National Mortgage
Mortgage Finance
6 years ago

Trade associations representing mortgage lenders and securities market participants are asking the Federal Housing Finance Agency to rethink a plan,.. Read More;

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Radian sells Clayton's due diligence unit to Covius

National Mortgage
Mortgage Finance
6 years ago

Radian Group sold Clayton Services, a due diligence company it acquired in the 2014 purchase of Clayton Holdings, to Covius,.. Read More;

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