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Fast-rising mortgage rates force U.S. homebuyers to dig deeper

National Mortgage
Mortgage Finance
3 years ago

Mortgage payments are claiming a bigger chunk of incomes for U.S. homebuyers, who also have to contend with quickly rising,.. Read More;

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Home equity lending to small business owners up since 2021

National Mortgage
Mortgage Finance
3 years ago

Small-business owners are turning to home equity to help finance their expenses, a trend that increased noticeably during the pandemic.A,.. Read More;

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Fannie Mae earnings drop, driven by credit-related expense

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae’s first-quarter earnings fell as higher rates contributed to lower amortization income, it recorded a charge for credit expenses,.. Read More;

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Generation Home names Pete Dockar as commercial director

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Docker joins Generation Home from Virgin Money where he served as head of customer value. Prior to that, he held the,.. Read More;

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Rents rise 1% in most regions in April, says index

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average cost of rent for a property in England rose from £1,006 to £1,012 in April, an increase of,.. Read More;

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Blog: Time for lenders to move on climate change risks

Mortgage Finance Gazette
Mortgage Finance
3 years ago

As Robert Peston put it, when it came to subprime, the Financial Services Authority “got it wrong to a mind-boggling,.. Read More;

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Impact Specialist Finance partners with Movin Legal

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The partnership will help brokers find a legal partner to help their clients complete on specialist finance property purchases.  Impact will,.. Read More;

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Crypto suspicious activity reports are climbing. Heres why.

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — As cryptocurrency’s popularity has grown, so have the flags of potential money laundering and fraud. As the Biden administration,.. Read More;

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Adjustable-rate mortgages are gaining momentum

National Mortgage
Mortgage Finance
3 years ago

Adjustable rate mortgages are gaining steam in the midst of increasingly challenging market dynamics. The ARM share of conventional single-family mortgage,.. Read More;

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OBX preparing a May MBS windfall through prime jumbo, non-prime deals

National Mortgage
Mortgage Finance
3 years ago

Onslow Bay is opening the month of May with massive residential mortgage-backed securities (RMBS) issuances on two separate credit tracks.,.. Read More;

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Buyers prepping for a hot spring market: B of A

National Mortgage
Mortgage Finance
3 years ago

In a sign of how hot the housing market remains, a significant share of prospective homeowners are looking to snap,.. Read More;

post

Fannie Mae serious delinquencies fall to just above 1%

National Mortgage
Mortgage Finance
3 years ago

Overall, the serious delinquency rate for conventional mortgages in Fannie Mae’s single-family portfolio fell to 1.01% in March, bringing it,.. Read More;

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