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"Bite" must accompany the "bark" of affordable housing support

National Mortgage
Mortgage Finance
3 years ago

Among Wells Fargo EVP and Head of Home Lending Kristy Fercho's first moves as incoming chairman of the Mortgage Bankers,.. Read More;

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FHA issues guidance on property preservation expenses

National Mortgage
Mortgage Finance
3 years ago

The Department of Housing and Urban Development issued a mortgagee letter aimed at clarifying contingencies around property protection and preservation,.. Read More;

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CMBS delinquencies hold steady in March

National Mortgage
Mortgage Finance
3 years ago

Delinquency rates among commercial mortgage-backed securities (CMBS) deals were 3.3% in March, unchanged from February, but retail and mixed-use properties,.. Read More;

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Home renovations plans driven by high home prices

National Mortgage
Mortgage Finance
3 years ago

Rising home values is the primary reason why nearly eight in 10 homeowners would rather renovate than move, according to,.. Read More;

post

Purchases increase slightly to start spring season

National Mortgage
Mortgage Finance
3 years ago

Mortgage activity slowed for the third week in a row, brought down by refinance numbers, which continued their decline. Purchases,,.. Read More;

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Pepper Money links up with Twenty7Tec's APPLY

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The integration leverages the APPLY module as well as the finova Distribution Hub. As a result, advisers can now submit Decision,.. Read More;

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Shelter calls for housing benefit action as renters feel brunt of income squeeze

Mortgage Finance Gazette
Mortgage Finance
3 years ago

More than half (53%) of adults who rent their home reported that they could not afford an unexpected but necessary,.. Read More;

post

Leek United Building Society boosts lending as profit jumps fourfold to

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The mutual says its annual profit lifted from £0.9m in 2020, as home loan lending rose 8% to £174m in,.. Read More;

post

Home Partners issues $952.8 million in RMBS in single-family rentals

National Mortgage
Mortgage Finance
3 years ago

Home Partners of America is preparing its first transaction of 2022, with a $952.8 million securitization of first-priority mortgages on,.. Read More;

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Build-for-rent homes make up a larger share of investor buys

National Mortgage
Mortgage Finance
3 years ago

The onset of COVID helped usher in anoticeable pivot toward build-for-rent purchases by single-family rental providers, at the same time,.. Read More;

post

Budget data reinforces need for an FHA premium cut, trade groups say

National Mortgage
Mortgage Finance
3 years ago

The budget proposal from the Department of Housing and Urban Development reinforces the strong profitability of the Federal Housing Administration,.. Read More;

post

Mortgage-related fraud indicators rose by over 65% in 2021

National Mortgage
Mortgage Finance
3 years ago

Suspicious activity reports filed by the government-sponsored enterprises, along with loan and finance companies, rose sharply in the past year,,.. Read More;

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