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Homebuilder stock woes deepen as rates hurt affordability

National Mortgage
Mortgage Finance
3 years ago

Workers install siding on a single family home under construction in Lehi, Utah, U.S., on Friday, Jan. 7, 2022. Soaring,.. Read More;

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Prepayment risk fell to nearly a 22-year low in September

National Mortgage
Mortgage Finance
3 years ago

Mortgage prepayments fell to their lowest point since November 2000 last month, reducing one of the biggest risks for servicing,.. Read More;

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PrimeLending reports 46% annual drop in volume, quarterly loss

National Mortgage
Mortgage Finance
3 years ago

PrimeLending reported a 46% year-over-year drop in annual loan production, leading it to a third quarter pre-tax loss, in another,.. Read More;

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Finance of America ending forward mortgage originations

National Mortgage
Mortgage Finance
3 years ago

Finance of America is ending its forward mortgage originations by the end of the year, a massive cost-cutting move that,.. Read More;

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Clever Real Estate cuts staff

National Mortgage
Mortgage Finance
3 years ago

A St. Louis-based startup connecting homebuyers and sellers to real estate agents is the latest housing market player to make,.. Read More;

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MSR owner Marlin Mortgage buying originator LoanFront

National Mortgage
Mortgage Finance
3 years ago

Marlin Mortgage Holdings, an owner of mortgage servicing rights, has agreed to purchase direct-to-consumer lender LoanFront.Terms of the transaction have,.. Read More;

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PHH liable for $2M for denying loan modification in divorce case

National Mortgage
Mortgage Finance
3 years ago

PHH Mortgage Services is liable for $1.86 million following an arbitrator's ruling finding that it denied a consumer loss mitigation,.. Read More;

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Ginnie Mae will soon be in the cloud

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae's securitization platform is currently offline, and will be for the next couple of days. When the platform reemerges,.. Read More;

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Ginnie Mae extends deadline for nonbank capital rule

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae on Friday moved the implementation date for its controversial risk-based capital rule that nonbanks are set to become,.. Read More;

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Profits, prices post quarterly drops amid slowing sales

National Mortgage
Mortgage Finance
3 years ago

Seller profits in the third quarter fell 3%, as home prices showed the first signs of declining in years, according,.. Read More;

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Paragon launches four SVR deals for portfolio landlords

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The products are available for portfolio landlords purchasing or remortgaging HMOs (houses of multiple occupation), MUBs (multi-unit blocks) or SSC,.. Read More;

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Three-year fix and 10-year fix both see average rates fall

Mortgage Finance Gazette
Mortgage Finance
3 years ago

However, the average rate for a two-year fix continued its tour upwards, finding 8 more basis points to come to,.. Read More;

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