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FHFA updates proposal for minimum financial eligibility standards

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency has re-proposed minimum financial-eligibility standards for seller-servicers that work with two government-sponsored enterprises, confirming speculation,.. Read More;

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Third of mortgage applications face rejection in 2022: TML

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The report from TML says: “The past two years have placed significant financial stress on individuals, particularly those with complex,.. Read More;

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Landlords exit Welsh market in droves

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Its figures show that the number of landlords in the UK selling their properties stands at an average of two,.. Read More;

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Employee fraud up considerably in 2021

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It shows the number of fraud acts committed by employees rose from 44 in 2020 to 66 in 2021. At the,.. Read More;

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Co-operative Bank posts first annual profit in decade as it moves mortgages in-house

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm posted a £31.1m pre-tax profit in the year to the end of December, swinging from a £103.7m loss,.. Read More;

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Fed capital policy puts community development aid out of some banks' reach

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — A landmark Treasury Department program designed to invest billions in poor communities around the U.S. through specialized financial,.. Read More;

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Million-dollar home listings dry up for wealthy suburban buyers

National Mortgage
Mortgage Finance
4 years ago

A home in Greenwich, Connecticut. Daniel Acker/BloombergWealthy young urbanites are in a race to the U.S. suburbs. But they’re already,.. Read More;

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Mortgage insurer 4Q results bolstered by strong loan performance

National Mortgage
Mortgage Finance
4 years ago

However, all but one company did less business in the most recent period than during the third quarter, and new,.. Read More;

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CSMC floats $251 million in non-QM mortgage-backed securities

National Mortgage
Mortgage Finance
4 years ago

A pool of 616 non-prime mortgages will collateralize CSMC 2022-ATH1, a $251 million transaction sponsored by DLJ Mortgage Capital, Inc.Credit,.. Read More;

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Property tax delinquency rate falls back near pre-pandemic levels

National Mortgage
Mortgage Finance
4 years ago

The national average for property-tax delinquencies improved in 2021 after deteriorating the previous year, falling within striking range of pre-pandemic,.. Read More;

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Mortgage volumes come in at slowest pace since late 2019

National Mortgage
Mortgage Finance
4 years ago

The dropoff in mortgage lending activity in the early weeks of 2022 continued, with new applications at their lowest in,.. Read More;

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As mortgage cyber threats evolve, more self-testing is needed

National Mortgage
Mortgage Finance
4 years ago

Mortgage leaders are wary of the increasing cybersecurity risks pervading with the industry’s digital migration, yet many admit they aren’t,.. Read More;

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