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A.I. decisioning audit structure launched by housing group

National Mortgage
Mortgage Finance
4 years ago

The National Fair Housing Alliance created a framework designed to audit algorithmic decision making tools, which in the mortgage industry,.. Read More;

post

Supply shortages help drive down new home purchase applications

National Mortgage
Mortgage Finance
4 years ago

Supply constraints contributed to a yearly decline in new-home applications but helped push the average loan amount to another record,.. Read More;

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U.S. existing-home sales unexpectedly climb to a one-year high

National Mortgage
Mortgage Finance
4 years ago

Sales of previously owned homes unexpectedly increased to a one-year high as buyers rushed in ahead of a surge in,.. Read More;

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Propertymark charity Arbon Trust appoints Scott as chair

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Scott, a former NAEA Propertymark president and managing director of Trading Places estate agents in Whitley Bay, takes over the,.. Read More;

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Buoyant property market drives profits at Suffolk Building Society

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The building society — which changed its name from Ipswich Building Society during this period — saw pre-tax profits of,.. Read More;

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Week of rate hikes sees all average fixes increase

Mortgage Finance Gazette
Mortgage Finance
4 years ago

As of today, 18 February, the average rate for a two-year fix increased by 5 basis points, to 2.55%, and,.. Read More;

post

Senate Banking Republicans double down on boycott of Fed nominees

National Mortgage
Mortgage Finance
4 years ago

Republican members of the Senate Banking Committee defended their boycott of a vote on five Federal Reserve Board nominations, saying,.. Read More;

post

Fannie Mae cuts 2022 origination forecast

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae's February mortgage origination forecast reduced its outlook by $172 billion as rising interest rates and higher prices increasingly,.. Read More;

post

COLT mortgage trust aims to raise $410 million in MBS

National Mortgage
Mortgage Finance
4 years ago

COLT 2022-2 Mortgage Loan Trust is preparing to issue $410 in residential mortgage-backed securities deal, a transaction that will be,.. Read More;

post

U.S. housing starts drop 4.1% in first decline in four months

National Mortgage
Mortgage Finance
4 years ago

New U.S. home construction fell in January for the first time in four months, indicating pandemic-related labor absences and winter,.. Read More;

post

Incenter puts $12.5 billion in pristine servicing up for bid

National Mortgage
Mortgage Finance
4 years ago

One of the large packages of mortgage servicing rights stockpiled during the pandemic reportedly has a perfect loan performance history,.. Read More;

post

Whats ahead for the non-QM market?

National Mortgage
Mortgage Finance
4 years ago

In recent weeks, a number of lenders and software providers have launched new products to serve the mortgage lending segments,.. Read More;

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