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Home equity loans back in vogue as cash-out refis fade

National Mortgage
Mortgage Finance
4 years ago

Higher interest rates are crushing mortgage refinancing volumes, but homeowners are increasingly turning to second loans and are unlikely to,.. Read More;

post

Fannie Mae and Freddie Mac are safe, profitable, and should be set free

National Mortgage
Mortgage Finance
4 years ago

According to his memoirs, as secretary of the Treasury Henry Paulson left the Oval Office on Sept. 4, 2008, the,.. Read More;

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Keen joins Greenfield Mortgages as national and corporate accounts head

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The specialist bridging lender says Keen, who has worked in financial services for more than 25 years, will focus on,.. Read More;

post

Virgin Money group lifts variable rates by 50bps

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender, which also includes Clydesdale and Yorkshire Bank in its group, says its residential standard variable rate will increase,.. Read More;

post

West One Loans debuts bridging range linked to BoE base rate

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The range is available at loan to values up to 70% offered across all of the specialist lender’s existing bridging,.. Read More;

post

Precise's Roger Morris steps down from role

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Morris is one of the best-known names in the mortgage industry having begun his career in the 1990s. He has,.. Read More;

post

Blog: The new government must support housing with a long-term strategy

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Support struggling homeowners without further delay  With household bills increasing at a rate higher than we have seen for more than,.. Read More;

post

Products fall to their lowest level in a year: Twenty7tec

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The fintech firm says there were 1.4 million purchase and remortgage searches across its platform last month, a traditionally quieter,.. Read More;

post

Nonbank mortgage jobs plummet for third month in a row

National Mortgage
Mortgage Finance
4 years ago

Nonbank mortgage banks and brokers cut payrolls for the third consecutive month during July as anecdotal reports of widespread industry,.. Read More;

post

Homepoint laying off hundreds of employees

National Mortgage
Mortgage Finance
4 years ago

Homepoint is laying off hundreds of employees in a move it says will save it over $100 million per year. The,.. Read More;

post

Newrez brings out 40-year non-QM loan

National Mortgage
Mortgage Finance
4 years ago

Newrez, the mortgage origination and servicing businesses of Rithm Capital, is bringing a 40-year interest-only non-qualified mortgage to market.The IO,.. Read More;

post

Default risk for recent originations comes in higher due to refi mix

National Mortgage
Mortgage Finance
4 years ago

A higher proportion of cash-out refinances is bringing with it increased default risk for conventional mortgages originated in the second,.. Read More;

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Virgin Money makes 10bps increases ...

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