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Looser underwriting boosts serious default risk in 1Q25

National Mortgage
Mortgage Finance
3 months ago

Some loosening in mortgage underwriting contributed to the 8-basis-point quarter-to-quarter increase in the Milliman Mortgage Default Index.This measurement is an,.. Read More;

post

Home equity surges and lenders smell opportunity

National Mortgage
Mortgage Finance
3 months ago

With home prices climbing and mortgage rates keeping owners locked in place, Americans are sitting on a record $34.5 trillion,.. Read More;

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Trump takes Bessent off Fed short list, says four remain

National Mortgage
Mortgage Finance
3 months ago

President Donald Trump, left, and Treasury Secretary Scott Bessent.Bloomberg News The short list for the next chair of,.. Read More;

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Rithm buys $1B in home reno loans from Upgrade

National Mortgage
Mortgage Finance
3 months ago

Rithm Capital announced it has entered into an agreement to purchase $1 billion worth of loans from lending fintech Upgrade.The,.. Read More;

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Figure confirms plans for IPO sometime in 2025

National Mortgage
Mortgage Finance
3 months ago

Figure Technology Solutions is taking another shot at going public, just weeks after announcing that all parts of its operations,.. Read More;

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Judge rules Mr. Cooper data breach borrowers have standing

National Mortgage
Mortgage Finance
3 months ago

A Texas federal judge overseeing the data breach suit against Mr. Cooper refused to dismiss the case, as was previously,.. Read More;

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Angel Oak bets on non-QM in volatile Q2 report

National Mortgage
Mortgage Finance
3 months ago

Angel Oak Mortgage REIT eked out a profit in the second quarter but missed Wall Street expectations partially due to,.. Read More;

post

What mortgage firms should do now to gear up for GSE crypto

National Mortgage
Mortgage Finance
3 months ago

Legislators have been debating how fast government-sponsored enterprises Fannie Mae and Freddie Mac should move toward counting cryptocurrency toward loan,.. Read More;

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Newrez settles complaint with HELOC fraud victims

National Mortgage
Mortgage Finance
3 months ago

Newrez has settled a complaint from plaintiffs who accused the firm of lacking proper security to prevent a massive, fraudulent,.. Read More;

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Trump says JPMorgan, Bank of America refused his business

National Mortgage
Mortgage Finance
3 months ago

President Donald Trump accused two of the nations' largest banks of rejecting his business, following a report his administration was,.. Read More;

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How Onity kept profit on an even keel in a turbulent market

National Mortgage
Mortgage Finance
3 months ago

Onity Group maintained stability in its bottom line amid market disruption in the second quarter, beating consensus estimates and year-ago,.. Read More;

post

e4 Strategic launches VERSA platform Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 months ago

,.. Read More;

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