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Biden administration sets goal of adding 100K affordable housing units

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Biden administration on Wednesday announced several efforts across the government aimed at increasing the affordable housing supply.The,.. Read More;

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Awaiting its own merger, Virginia community bank invests in mortgage firm

National Mortgage
Mortgage Finance
4 years ago

A Fairfax, Virginia, community bank that is merging with a larger regional competitor has sweetened the deal by taking a,.. Read More;

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Fannie Mae, Freddie Mac give consumers an edge in foreclosure sales

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency on Wednesday increased the number of days it locks investors out of foreclosure property bidding,.. Read More;

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Bank of England appoints chief economist

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Pill will also become a member of the rate-setting Monetary Policy Committee. He joins the Bank of England from Harvard Business,.. Read More;

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Former Wells Fargo execs, OCC set to square off at fake-accounts trial

National Mortgage
Mortgage Finance
4 years ago

Three former high-level Wells Fargo executives who face the possibility of massive financial penalties in connection with the bank’s unauthorized-accounts,.. Read More;

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Equity release home buying doubles in 2021: More2life

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The equity release lender says its data also shows there was a 113% uplift in the amount of equity used,.. Read More;

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Blog: Supporting FTBs key to a healthy mortgage market

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Last year saw the housing market affected in ways which could never have been predicted. While restrictions in the UK are easing and we,.. Read More;

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House price gains shift up a gear in August: Nationwide

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Average UK house prices reached £248,857, up by 2.1%from £244,229 in July, marking the second largest month on month gain,.. Read More;

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Quality of capital would challenge non-depositories under bank rules

National Mortgage
Mortgage Finance
4 years ago

By some current measures, nonbank capitalization looks strong compared to banks, but the way a Ginnie Mae proposal aims to,.. Read More;

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Arch Capital acquires Westpac LMI

National Mortgage
Mortgage Finance
4 years ago

Global mortgage insurance provider Arch Capital Group closed a deal that adds the operations of Australia's Westpac Lenders Mortgage Insurance,.. Read More;

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Hurricane Ida winds mayve damaged two-thirds as many homes as Katrina

National Mortgage
Mortgage Finance
4 years ago

The second largest storm in Louisiana’s history may have affected more than 800,000 homes in the state with nearly $193,.. Read More;

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How Inflation is Affecting Mortgages Today

GLM Mortgage Group
Mortgage Finance
4 years ago

Since the beginning of 2021, inflation rates have been coming in at unprecedented levels. Last week, Canada’s inflation rate came in,.. Read More;

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Home retention saves Fannie, Freddie and FHA billions

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