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MISMO taking servicing transfer criteria to next step in 2023

National Mortgage
Mortgage Finance
3 years ago

The Mortgage Industry Standards Maintenance Organization has identified a number of high priority initiatives it plans to make more progress,.. Read More;

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Fix-and-flip buyers see more opportunities in 2023

National Mortgage
Mortgage Finance
3 years ago

Although a challenging real estate market looks set to persist for much of 2023, a majority of noninstitutional investors view,.. Read More;

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Mortgage credit, underwriting fluctuating but not excessively

National Mortgage
Mortgage Finance
3 years ago

Credit availability contracted slightly in the latest index published by the Mortgage Bankers Association, following an increase in November that,.. Read More;

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Powell: Nonbanks need structural reforms, not Fed backstop

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Chair Jerome Powell discussed the importance of central bank independence and the responsibilities that come with it on,.. Read More;

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Silvergate Bank loaded up on $4.3 billion in Home Loan bank advances

National Mortgage
Mortgage Finance
3 years ago

When depositors began pulling money out of Silvergate Capital Corp. following the collapse of the cryptocurrency exchange FTX, the California,.. Read More;

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Lender says rival stole trade secrets, data breach followed

National Mortgage
Mortgage Finance
3 years ago

A New England lender is suing a regional competitor for violating trade secrets laws in a poaching incident that appears,.. Read More;

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Rocket Mortgage cuts some marketing roles. Are more layoffs coming?

National Mortgage
Mortgage Finance
3 years ago

Rocket Mortgage "reorganized" its marketing team last week, cutting 20 employees.A Rocket spokesperson confirmed the layoffs, but did not elaborate,.. Read More;

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Amount of households receiving SMI loans falls

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The amount of homeowners, and those in shared ownership schemes, claiming this benefit came down from 14,184 in the quarter,.. Read More;

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Paragon Banks development finance division hires Len Boyd

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Boyd has over 25 years of experience in property development finance. He joins from Close Brothers Property Finance, where he spent,.. Read More;

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Clydesdale Bank introduces new resi and BTL products, reduces rates by up to 43bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Highlights of the changes for new customers include:   New exclusive £1 to £2m 65% loan to value fixed-rate deals, with,.. Read More;

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Hargreaves Lansdown forecast house prices to drop 10.4% from peak

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The barometer suggests that cost of living pressures over the next year are set to be exacerbated by the recent,.. Read More;

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Connect for Intermediaries appoints three new senior hires

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The broker network has hired Alan Baldwin as director of compliance, responsible for the oversight of the compliance teams and,.. Read More;

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