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Powell to Congress: Fed can't protect economy from U.S. debt default

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Federal Reserve Chair Jerome Powell delivered a clear message to Congress on Wednesday afternoon: raise the debt ceiling,.. Read More;

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Senate Democrats ask FHFA to review nonperforming loan programs

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — A group of Senate Banking Democratic lawmakers  asked the Federal Housing Finance Agency to review Fannie Mae and,.. Read More;

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Rocket Mortgage loans now offered to a community bank's customers

National Mortgage
Mortgage Finance
3 years ago

Nashville, Tennessee-based Fourth Capital Bank integrated Rocket Mortgage's digital loan application process onto its digital banking platform, the companies announced,.. Read More;

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Homeowner Assistance Fund applications paused in Pennsylvania

National Mortgage
Mortgage Finance
3 years ago

The Pennsylvania Housing Finance Agency has put new applications for the state's Homeowner Assistance Fund program on hold so it,.. Read More;

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Fed slows rate hikes, signals further increases are coming

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are in store as officials,.. Read More;

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Angel Oak Capital brings $581M private-label deal to market

National Mortgage
Mortgage Finance
3 years ago

Angel Oak Capital Advisors issued its first securitization of 2023, with a significant portion of the underlying loans coming from,.. Read More;

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Mortgage activity decreases for first time in 2023

National Mortgage
Mortgage Finance
3 years ago

Weekly mortgage application volume shrank for the first time this year with purchases and refinances both slowing, according to the,.. Read More;

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Market Financial Solutions on recruitment drive following raft of promotions Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Among the changes, Scott Lord, Richard D’Souza and Omkar Hushing have all been promoted from their underwriting manager posts.   Lord,.. Read More;

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Paradigm brings Tandem Bank into lending panel Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Paradigm members will now have access to Tandem discounted rates for borrowers who have a property with an energy performance,.. Read More;

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Home equity lending surges as consumers consolidate debt

National Mortgage
Mortgage Finance
3 years ago

Home equity lending rose over the course of the past year as high interest rates kept borrowers away from traditional,.. Read More;

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Private rental sector grows 30% since 2019, says Sirius Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The latest figures show that, despite the government’s best efforts, the overall size of the PRS has grown by 2.4%,.. Read More;

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Landlord's yields hold steady, but rent rises likely: BVA BDRC Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

But landlords are likely to raise rents this year after reporting ‘increased running costs.’   Yields held steady at the tail-end,.. Read More;

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