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Lending growth rate to slow to 0.7% in 2023

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This would be the lowest growth rate – valued at £11bn – for this metric since 2011, says the forecast.,.. Read More;

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Lloyds profits slumps 26%, sets aside

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The business, which owns the country’s largest mortgage lender Halifax, says its net interest income, the difference between interest earned,.. Read More;

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Blog: From origination to arrears operational excellence is key

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Rob WalkerDirector, Coeus Consulting If we think back even one year, mortgage lenders were largely focused on market share and completing,.. Read More;

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Record number of BTL owners raise rents in Q3: Paragon Bank

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender says this beats the previous all-time high of 62% of landlords hiking rents in the first quarter of,.. Read More;

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Zombie property numbers inch up again

National Mortgage
Mortgage Finance
4 years ago

The number of vacant pre-foreclosure properties in the United States rose slightly as the fourth quarter got underway, according to,.. Read More;

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New York Community mum on status of Flagstar deal

National Mortgage
Mortgage Finance
4 years ago

Officials at New York Community Bancorp continued Wednesday to tout the benefits of the still-pending purchase of Flagstar Bancorp, but,.. Read More;

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Mr. Cooper reports slim profit on servicing gains in tough market

National Mortgage
Mortgage Finance
4 years ago

Mr. Cooper on Wednesday reported that during the third quarter it managed to generate net income at a challenging time,.. Read More;

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Zillow lays off 300 employees as U.S. housing market slows further

National Mortgage
Mortgage Finance
4 years ago

The Zillow logo on a laptop computer arranged in Hastings on Hudson, New York, U.S., on Sunday, Nov. 7, 2021.,.. Read More;

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New-home sales decline as rising mortgage rates sap demand

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes fell in September, resuming a downtrend as decades-high mortgage rates push would-be buyers out of,.. Read More;

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CFPB lays out possible counter to Fifth Circuit funding decision

National Mortgage
Mortgage Finance
4 years ago

An appeals court ruling last week on the Consumer Financial Protection Bureau's funding structure is already threatening the agency's ability,.. Read More;

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Many still prefer in-person closings, 19% prefer RON: Solidifi

National Mortgage
Mortgage Finance
4 years ago

A large share of borrowers wants some digital closing tools, but the majority still prefer in-person interactions, according to survey,.. Read More;

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MBA forecasts originations slowdown to persist in 2023

National Mortgage
Mortgage Finance
4 years ago

After falling to a low not seen in 25 years, mortgage application volumes inched further downward last week, as the,.. Read More;

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