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For banks, Feds aggressive rate hike cuts both ways

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve’s 75-basis-point interest rate hike Wednesday, the largest increase since 1994, will almost certainly bolster banks’ 2022 earnings,,.. Read More;

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June mortgage mergers aim to fill industry gaps

National Mortgage
Mortgage Finance
3 years ago

These transactions look to add territories or products to counter the effects of origination activity contracting.,.. Read More;

post

As business gets tough, go Back to the Future

National Mortgage
Mortgage Finance
3 years ago

AmeriCantaro - stock.adobe.com Fans of the movie, Back to the Future, will remember the joyful moment when Marty,.. Read More;

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U.S. housing starts decline to lowest level in more than a year

National Mortgage
Mortgage Finance
3 years ago

New U.S. home construction dropped in May, highlighting the impacts of ongoing supply chain challenges and sinking sales as mortgage,.. Read More;

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HomeLight buys cash-offer fintech Accept.inc

National Mortgage
Mortgage Finance
3 years ago

HomeLight has agreed to acquire Accept.inc, a fintech lender specializing in cash-offer equivalent products.The acquiring company, a real estate technology,.. Read More;

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Mortgage loan critical defects reached high point in 2021

National Mortgage
Mortgage Finance
3 years ago

Last year was the worst ever for critical defects on mortgage applications, as pandemic-related stress on lender operations in the,.. Read More;

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Notarize lays off a quarter of its workforce

National Mortgage
Mortgage Finance
3 years ago

Boston-based Notarize, a provider of online notarization software, laid off 110 workers, or approximately 25% of its payroll Wednesday, making,.. Read More;

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Base rate increased to 1.25%

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank rate by 0.25 percentage points,,.. Read More;

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Tipton and Coseley Building Society and Ahauz launch FTB loans

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The deal will allow customers to get up to 25% of the value of a property from Ahauz as a,.. Read More;

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House prices in Scotland rise by 7.6% in April: Walker Fraser Steele

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The last time prices rose across all local authorities was last March, the final month of the land and buildings,.. Read More;

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Blog: Rising seas could leave towns abandoned

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Recently, Sir James Bevan gave a speech saying the growing threat of rising seas and rivers means we will not,.. Read More;

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Competition must not be regulators key objective, MPs warn

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Treasury Select Committee has said there are opportunities to boost competitiveness through regulatory reform. But its new report on the,.. Read More;

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