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Higher interest, rising prices, fewer listings : A bad mix for mortgages

National Mortgage
Mortgage Finance
4 years ago

Rising interest rates and elevated prices have caused sales of new homes to drop, tightening the mortgage market for banks,.. Read More;

post

ICE counters investor pushback on Black Knight deal

National Mortgage
Mortgage Finance
4 years ago

Intercontinental Exchange executives said Thursday they are not worried that its pending acquisition of Black Knight could be derailed by,.. Read More;

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Ocwen extends $54 billion subservicing contract with NRZ

National Mortgage
Mortgage Finance
4 years ago

Ocwen on Thursday reported the extension of a $54 billion subservicing contract with New Residential due for expiration this year,,.. Read More;

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Thiel-backed fintech Neo turns unicorn with $185 million funding

National Mortgage
Mortgage Finance
4 years ago

Peter Thiel’s Valar Ventures Management is leading a $185 million funding round for Canada’s Neo Financial Technologies, propelling it to,.. Read More;

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Regulators unveil revamped Community Reinvestment Act framework

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — Top federal regulators unveiled a proposal that would change the way they evaluate the community-building activities of the,.. Read More;

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Mortgage rates surge to highest level since 2009

National Mortgage
Mortgage Finance
4 years ago

Following a brief one-week lull, mortgage rates surged upward again at a rapid pace, with the 30-year average now at,.. Read More;

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Groundsure set to host climate change summit for mortgage sector

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The in-person event will include a keynote speech by BBC News’ energy and environment analyst Roger Harrabin, who will consider,.. Read More;

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Base rate rises to 1%

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank rate by 0.25 percentage points,,.. Read More;

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April posts fewest mortgage searches in seven months: Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The mortgage search platform’s April data also says that last month saw a 20% drop in buy-to-let mortgage searches. It adds,.. Read More;

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Co-operative Bank reports stable mortgage balances in Q1

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Q1 2022 results also showed that net mortgage growth for the first quarter of the year stood at £72m,.. Read More;

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Construction activity lifts despite material and labour shortages: Rics

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The body says that +34% of respondents reported a rise in workloads in the first quarter, up from +33% in,.. Read More;

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Fed raises rates by 0.5%, will shrink balance sheet

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Federal Reserve raised its benchmark federal funds rate by half a percentage point and will begin the,.. Read More;

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