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U.S. existing-home sales advance for a third consecutive month

National Mortgage
Mortgage Finance
4 years ago

Sales of previously owned U.S. homes increased for a third-straight month in November, indicating steady job growth and still-low mortgage,.. Read More;

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Foreclosure starts, mods on Fannie Mae, Freddie Mac loans rose in 3Q

National Mortgage
Mortgage Finance
4 years ago

Foreclosure, modification and short-term delinquency activity in government-sponsored enterprise loans increased during the third quarter as the phaseout of some,.. Read More;

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Refinances pick up, but fewer purchases slow overall loan activity

National Mortgage
Mortgage Finance
4 years ago

Weekly mortgage volumes edged downward, as refinance applications picked up and purchases fell — running contrary to prevailing trends for,.. Read More;

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Rising mortgage rates not likely to crimp existing home sales

National Mortgage
Mortgage Finance
4 years ago

Existing home sales activity is more influenced by the causes behind mortgage rates rising, not just simply that they have,.. Read More;

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Editor's note: Merry Christmas from MFG

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It is safe to say that everyone working in this great sector deserves a break over the Christmas period and,.. Read More;

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Reallymoving anticipates house price rise at start of year

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm says that following a monthly fall of 1.1% in December, house prices should rise by 2.5% in January,.. Read More;

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Reporting errors lead to

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Specifically, the PRA says the bank made four errors in its Commons Reporting. It says it failed to: take sufficient care,.. Read More;

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Fitch announces downgrades on three commercial-mortgage pass-through deals

National Mortgage
Mortgage Finance
4 years ago

Fitch Ratings announced downgrades impacting eight classes of commercial-mortgage pass-through certificates. The ratings actions are driven by performances on loans,.. Read More;

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California bank disobeys enforcement order by hiring new CEO

National Mortgage
Mortgage Finance
4 years ago

California’s top financial watchdog has issued a cease-and-desist order against Nano Banc, saying the $1.2 billion-asset bank violated a consent,.. Read More;

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California obtains federal approval for its mortgage relief program

National Mortgage
Mortgage Finance
4 years ago

California governor Gavin Newsom announced Monday that the state had received federal approval of a $1-billion mortgage assistance plan to,.. Read More;

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Truist joins list of regional banks detailing climate risks

National Mortgage
Mortgage Finance
4 years ago

Truist Financial has joined a handful of regional banks in issuing an initial accounting of the risks and opportunities that,.. Read More;

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J.P. Morgan Mortgage Trust approaches year-end with $1 billion in MBS

National Mortgage
Mortgage Finance
4 years ago

J.P. Morgan Mortgage Trust, 2021-15 is preparing to issue $1 billion in mortgage-backed securities, secured by a portfolio of predominantly,.. Read More;

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