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Number of homeowner mortgages in arrears reduces 10% on last year: UK Finance

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data found that the number of homeowner mortgages in arrears continues to fall, with a reduction of approximately 200,.. Read More;

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New buyer enquiries fall for longest period since pandemic: Rics

Mortgage Finance Gazette
Mortgage Finance
3 years ago

A net balance of -25% of survey participants reported falling new enquiries last month compared to -27 in June, “which,.. Read More;

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Angel Oak Capital fined for misleading investors

National Mortgage
Mortgage Finance
3 years ago

The Securities and Exchange Commission has fined Angel Oak Capital Advisors $1.75 million, and its portfolio manager, Ashish Negandhi $75,000,.. Read More;

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LoanDepot cutting wholesale channel in profitability push

National Mortgage
Mortgage Finance
3 years ago

LoanDepot leaders said they believe the company will achieve profitability by the end of the year, after revealing a big,.. Read More;

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Angel Oak posts 2Q loss due to non-QM market uncertainty

National Mortgage
Mortgage Finance
3 years ago

Real estate investment trust Angel Oak Mortgage recorded its second consecutive quarterly loss as continued economic upheaval affected its operations.Angel,.. Read More;

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Income verification fintech raises $50 million for expansion

National Mortgage
Mortgage Finance
3 years ago

Truework, an income and employment verification firm that works with Fairway Independent Mortgage, Guaranteed Rate and loanDepot and other influential,.. Read More;

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Cooler inflation takes next Fed rate-hike size down to the wire

National Mortgage
Mortgage Finance
3 years ago

Economists are divided on whether slower U.S. consumer-price growth for July means the Federal Reserve could ease its aggressive rate-hiking,.. Read More;

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FHFA adds fair lending reporting mandate for servicers

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency on Wednesday announced that mortgage servicers working with loans backed by the government-sponsored enterprises will,.. Read More;

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Refinances pick up for a second straight week

National Mortgage
Mortgage Finance
3 years ago

After weekly mortgage application volumes increased for the first time in just over a month, activity moved sideways last week,.. Read More;

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Nextdoor revenue forecast falls short as advertisers tighten belts

National Mortgage
Mortgage Finance
3 years ago

Nextdoor Holdings Inc. reported a sales outlook that missed analysts' estimates, saying business conditions are worse than it previously expected.The,.. Read More;

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Millenials, Gen Z in D.C. opt for luxury rentals over buying

National Mortgage
Mortgage Finance
3 years ago

In D.C., high interest rates and underproduction of new inventory have raised home prices above what many residents can afford.,.. Read More;

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Blog: Lenders should brace for cost of living impact

Mortgage Finance Gazette
Mortgage Finance
3 years ago

 We are in for what is shaping up to be a tumultuous second half of 2022. Things were already getting heated,.. Read More;

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