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Student-loan freeze led to big credit score gains, N.Y. Fed says

National Mortgage
Mortgage Finance
3 years ago

The pandemic-era freeze on student debt payments has "dramatically" improved credit scores for Americans who borrowed money to pay for,.. Read More;

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Mortgage credit offerings fall to a 9-year low

National Mortgage
Mortgage Finance
3 years ago

For the fifth straight month, mortgage credit tightened with availability falling by the most in over two years to levels,.. Read More;

post

UWM touts aggressive pricing promotion as key to future

National Mortgage
Mortgage Finance
3 years ago

An aggressive pricing strategy at United Wholesale Mortgage will sharply drive down gain on sale margins in the current quarter,.. Read More;

post

Closing speeds aren't meeting mortgage borrower expectations

National Mortgage
Mortgage Finance
3 years ago

As lenders handled record origination volumes in 2021, their clients came through the mortgage process largely satisfied with their experiences,,.. Read More;

post

Exclusive: Lenders must update climate change risk guidance, say property lawyers

Mortgage Finance Gazette
Mortgage Finance
3 years ago

An overwhelming 91% of lawyers thought lenders should update their risk search data due diligence guidance in this area, the,.. Read More;

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Home inventory soars at record rate with U.S. buyers pulling back

National Mortgage
Mortgage Finance
3 years ago

The supply of homes for sale across the U.S. grew at a record rate last month, another sign that higher,.. Read More;

post

Mortgage rates climb to near-decade highs: Moneyfacts

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Moneyfacts data shows that the average two-year fix is priced at 3.99%, while a decade ago the rate was 4.62;,.. Read More;

post

The cost of slow progress

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Rob WalkerDirector, Coeus Consulting As I write, the Bank of England has just raised interest rates to the highest level in,.. Read More;

post

House completions back at pre-Covid levels: NHBC

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It adds that the quarter also saw a rise in the number of new home registrations – the process by,.. Read More;

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San Francisco 'froth is gone' as wealth fades, housing slumps

National Mortgage
Mortgage Finance
3 years ago

A palatial five-bedroom home built in 1932 with stained-glass windows, hand-carved doors and jaw-dropping hillside views of downtown San Francisco,.. Read More;

post

Mortgage insurer earnings grow in 2Q

National Mortgage
Mortgage Finance
3 years ago

Only Essent saw a decline in profitability on a quarter-to-quarter basis during what ended up being a much better period,.. Read More;

post

Mortgage players confirm more sweeping layoffs

National Mortgage
Mortgage Finance
3 years ago

Many more mortgage professionals are unemployed after a slew of companies from a fintech startup to publicly traded industry leaders,.. Read More;

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