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Remortgages rise by 51% in February: LMS

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It adds that 23% of remortgages were completed in the month, compared to January, adding that activity “will almost certainly,.. Read More;

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Prime second charge borrower numbers inch up

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It says the second-charge product split by volume of mortgages is 73% for traditional debt consolidation borrowers, compared to 27%,.. Read More;

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Stonebridge says mortgage applications jumped by 19% in 2021

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The network added that its volume of lending via applications also lifted 24% in 2021 compared to the year before,,.. Read More;

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Mr. Cooper agrees to buy servicing assets from Bayview unit

National Mortgage
Mortgage Finance
3 years ago

Mr. Cooper has signed a definitive agreement with a Bayview Asset Management subsidiary to buy servicing of approximately 140,000 residential,.. Read More;

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Rise in wire fraud partially attributed to exhausted home buyers

National Mortgage
Mortgage Finance
3 years ago

With potential buyers becoming more desperate to secure a property, the hot housing market has been a driving force in,.. Read More;

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Mortgage loan modifications rose 40% in 4Q: OCC

National Mortgage
Mortgage Finance
3 years ago

Serious delinquencies improved in the fourth quarter of 2021 but modifications and foreclosure starts rose as borrowers exited forbearance in,.. Read More;

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U.S. new-home sales declined in February for a second month

National Mortgage
Mortgage Finance
3 years ago

Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may,.. Read More;

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Rising rates send mortgage volumes downward for a second week

National Mortgage
Mortgage Finance
3 years ago

Mortgage volumes decreased for the sixth time in seven weeks, as spiking interest rates suppressed borrower demand, according to the,.. Read More;

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NI threshold to rise by

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The threshold was expected to rise by £300, but will go up by £3,000 instead. That is a £6bn tax cut,.. Read More;

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Blog: The cost of complacency as interest rates rise

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Here’s something to contemplate: the last time Base Rate was above 1%, in January 2009, Gordon Brown was Prime Minister,,.. Read More;

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White House releases plan for combating inequities in appraisals

National Mortgage
Mortgage Finance
3 years ago

An interagency task force released a plan for combating discrimination in the appraisal industry in conjunction with the White House,.. Read More;

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Darlington profits highest in more than 160-year history

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The firm said it secured a pre-tax profit of £3.2m for 2021, the biggest profit for any year since it,.. Read More;

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