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Lenders expand use of temporary rate buydown programs

National Mortgage
Mortgage Finance
3 years ago

Temporary rate buydown programs have become more prominent as the housing market has softened, and in the past week some,.. Read More;

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Ginnie Mae seizes bankrupt Reverse Mortgage Funding's servicing

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae, an arm of the Department of Housing and Urban Development, has taken possession of servicing for the bankrupt,.. Read More;

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Wrinkle of optimism surfaces as homebuying activity nudges up

National Mortgage
Mortgage Finance
3 years ago

The homebuying market isn't blazing hot anymore, but there are signs that it's getting "slightly warmer".A report published by Redfin,.. Read More;

post

Merry Christmas from MFG

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Having made it through several lockdowns, we were allowed to socialise again and life returned to a more familiar routine.,.. Read More;

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Average two-year fixed rate falls before Christmas

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Meanwhile, the average rate for a three-year fix gained 5 basis points, moving to 5.91%, while the average rate for,.. Read More;

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20 bank mortgage lenders with the largest total volume in Q3

National Mortgage
Mortgage Finance
3 years ago

EDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. The top five lenders in our ranking,.. Read More;

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Manchester takes first place for BTL investment, says Aldermore

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The lender’s year-end table takes account of five indicators: average total rent, yield, house price growth over the past decade,,.. Read More;

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Early-stage defaults push national delinquency rate above 3%

National Mortgage
Mortgage Finance
3 years ago

Early-stage delinquencies picked up in November month to month, but the volume of more seriously distressed loans only moved marginally,,.. Read More;

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Waters letter likely to heighten scrutiny of ICE-Black Knight deal

National Mortgage
Mortgage Finance
3 years ago

Rep. Maxine Waters D-Calif., the outgoing chairwoman of the House Financial Services Committee, called on the Federal Trade Commission to,.. Read More;

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Mortgage affordability improves in November

National Mortgage
Mortgage Finance
3 years ago

Softening housing market metrics made mortgages a little more palatable for homebuyers in November, according to the Mortgage Bankers Association's,.. Read More;

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30-year mortgage rates fall for sixth week in a row

National Mortgage
Mortgage Finance
3 years ago

The average rate for the 30-year mortgage sank for a sixth week in a row, falling another 4 basis points,.. Read More;

post

Union Home Mortgage acquires Amerifirst

National Mortgage
Mortgage Finance
3 years ago

Union Home Mortgage acquired Amerifirst Home Mortgage, per an announcement published Wednesday.UHM and Kalamazoo, Michigan-based Amerifirst share some similarities: both,.. Read More;

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