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First-mortgage default rate rises to a high last seen in early 2021

National Mortgage
Mortgage Finance
3 years ago

The rate at which traditional mortgage accounts went into default for the first time rose in January, returning to highs,.. Read More;

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Fed nominations could be delayed until spring

National Mortgage
Mortgage Finance
3 years ago

Republicans’ procedural blockade of President Biden’s Federal Reserve nominees has left Senate Democrats with few options and could delay for,.. Read More;

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Mortgage application fraud risk soars in 4Q

National Mortgage
Mortgage Finance
3 years ago

Mortgage fraud risk soared upward in the fourth quarter due to the drop in overall loan application volume and the,.. Read More;

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Investors bought a record share of homes at the end of 2021

National Mortgage
Mortgage Finance
3 years ago

Investors bought a record 18.4% share of homes sold nationwide in Q4 2021, motivated by soaring rents, a new Redfin,.. Read More;

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Refinances make up smallest share of mortgage apps since 2019

National Mortgage
Mortgage Finance
3 years ago

Mortgage activity slowed for the second week in a row, with refinances continuing to slide and purchase sizes grow in,.. Read More;

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Atom Bank raises

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The funding led by BBVA and Toscafund with co-investors Infinity Investment Partners follows a £40m raise in April 2021 and,.. Read More;

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Government notes house price rise of 10.8% in Dec 2021

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This takes the average property across the UK price up to £274,172. In England, the data adds, a 10.7% annual rise,.. Read More;

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Cutler named commercial director at Harpenden

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Cutler commands over 30 years’ experience in financial services, including over five years at Tesco Bank and nearly a decade,.. Read More;

post

Better.coms internal turmoil persists while financial losses mount

National Mortgage
Mortgage Finance
3 years ago

Better.com is reckoning with significant losses financially and internally following its headline-grabbing layoffs via Zoom in December, the company revealed,.. Read More;

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Black Knight makes leadership changes following record sales in 2021

National Mortgage
Mortgage Finance
3 years ago

Left to right: Anthony Jabbour, Joe Nackashi, Kirk LarsenWhile Black Knight reported strong fourth-quarter software and analytics sales, net earnings,.. Read More;

post

Renting a home is even harder than buying one in hot U.S. market

National Mortgage
Mortgage Finance
3 years ago

A couple views a model home in Estero, Florida. Photographer: Scott McIntyre/BloombergScott McIntyre/Photographer: Scott McIntyre/BloFor Atlanta real estate agent Jamie,.. Read More;

post

Fannie Mae doubles net worth but remains very undercapitalized

National Mortgage
Mortgage Finance
3 years ago

Even as Fannie Mae's net worth almost doubled in the fourth quarter of 2021 compared with 12 months prior, the,.. Read More;

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