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OBX preparing a May MBS windfall through prime jumbo, non-prime deals

National Mortgage
Mortgage Finance
4 years ago

Onslow Bay is opening the month of May with massive residential mortgage-backed securities (RMBS) issuances on two separate credit tracks.,.. Read More;

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Buyers prepping for a hot spring market: B of A

National Mortgage
Mortgage Finance
4 years ago

In a sign of how hot the housing market remains, a significant share of prospective homeowners are looking to snap,.. Read More;

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Fannie Mae serious delinquencies fall to just above 1%

National Mortgage
Mortgage Finance
4 years ago

Overall, the serious delinquency rate for conventional mortgages in Fannie Mae’s single-family portfolio fell to 1.01% in March, bringing it,.. Read More;

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The Fed's Imminent Rate Hike May Cause A Surprising Market Reaction | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

Canadian mortgage rates have been on a tear lately. The five-year Government of Canada (GoC) bond yield has more than doubled,,.. Read More;

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Breaking Your Mortgage in 2022

GLM Mortgage Group
Mortgage Finance
4 years ago

Breaking Your Mortgage in 2022 In our previous blog from 2020 on Breaking Your Mortgage, Vancouver’s Top Mortgage Broker talked about,.. Read More;

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Bank of Canada increased its target for overnight rate to 1%

GLM Mortgage Group
Mortgage Finance
4 years ago

On April 13th, the Bank of Canada increased its target for the overnight rate to 1%, with the Bank Rate,.. Read More;

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UWM takes aim at Rocket over layoffs

National Mortgage
Mortgage Finance
4 years ago

The latest round in the UWM-Rocket feud is playing out on social media.United Wholesale Mortgage CEO Mat Ishbia took to,.. Read More;

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Mortgage M&A activity shows mixed responses to market change

National Mortgage
Mortgage Finance
4 years ago

Some lenders and their parent companies are reconsidering their loan-channel mix and business lines as refinance volumes fall and margins,.. Read More;

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Bankers cry foul over CFPB crackdown on 'junk fees'

National Mortgage
Mortgage Finance
4 years ago

A proposal by the Consumer Financial Protection Bureau to crack down on so-called junk fees has raised the ire of,.. Read More;

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Newrez, Xactus, CoreVest make leadership moves

National Mortgage
Mortgage Finance
4 years ago

Also, Gateless promotes its own to chief technology officer, Panorama Mortgage Group announces new brand, Lower appoints its first CFO,.. Read More;

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Redfin reaches settlement in discrimination lawsuit

National Mortgage
Mortgage Finance
4 years ago

Redfin has reached a settlement with the National Fair Housing Alliance regarding a federal lawsuit in which the non-profit accused,.. Read More;

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South Florida rents top New York area after highest rent increases in the country

National Mortgage
Mortgage Finance
4 years ago

The South Florida region saw the highest rent increases in the country in the past year, with some rents more,.. Read More;

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