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Lower mortgage volume drives title earnings down, Doma layoffs

National Mortgage
Mortgage Finance
3 years ago

Only Stewart reported a quarter-to-quarter increase in net income, while upstart Doma is reducing headcount by 15%.,.. Read More;

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As the Federal Home Loan banks turn 90, we shouldn't mess with success

National Mortgage
Mortgage Finance
3 years ago

This year marks the 90th anniversary of the founding of the Federal Home Loan Bank System. Rather than taking this,.. Read More;

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New California home buyers could soon get government cash for down payment

National Mortgage
Mortgage Finance
3 years ago

California could soon help first-time home buyers with their down payments and mortgage costs under a proposed $1-billion program to,.. Read More;

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Second charge business up

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The total number of new agreements in March was 3,058, worth £139m, representing a £53m increase compared to the previous,.. Read More;

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Fixes continue to move upwards as base rate hike bites, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

For a two-year fix, the average rate increased 3 basis points to 3.08%, while the average rate for a three-year,.. Read More;

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Yourkeys partners with Optimus to integrate conveyancing services into platform

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The partnership will allow Yourkeys’ customers to receive faster property conveyancing quotes and have the option to instruct a conveyancing,.. Read More;

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Online auctions for REO properties paying off for CMBS special servicers

National Mortgage
Mortgage Finance
3 years ago

Special servicers of commercial mortgage-backed securities (CMBS) are using online auction services to dispose of real-estate owned (REO) assets—including defaulted,.. Read More;

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FHA explains how to handle Homeowner Assistance Fund applicants

National Mortgage
Mortgage Finance
3 years ago

A Federal Housing Administration official on Thursday affirmed that the agency wants to help servicers hit pause on foreclosure proceedings,.. Read More;

post

Home Point to double down on brokers going forward

National Mortgage
Mortgage Finance
3 years ago

Even though Home Point Capital added over 2,350 mortgage brokers since the end of the first quarter of 2021, origination,.. Read More;

post

CFPB ramps up enforcement hiring

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau is hiring 20 additional enforcement attorneys as the bureau ramps up investigations of repeat offenders,.. Read More;

post

Mortgage rates rise due to inflationary concerns

National Mortgage
Mortgage Finance
3 years ago

The 30-year mortgage rate climbed for the ninth time in 10 weeks, as inflation and geopolitical concerns remain top of,.. Read More;

post

Senate narrowly confirms Julia Gordon as FHA commissioner

National Mortgage
Mortgage Finance
3 years ago

The Senate has narrowly confirmed Julia Gordon as Federal Housing Administration commissioner, a candidate supported by industry and community groups,.. Read More;

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