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Powell sees ongoing Fed rate hikes needed to tame hot inflation

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Chair Jerome Powell said the central bank will keep raising interest rates to tame inflation following the steepest,.. Read More;

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Reverse mortgage lenders vie for baby boomers amid rate surge

National Mortgage
Mortgage Finance
4 years ago

Home equity conversion mortgage endorsements declined in April, as surging rates could be shifting some business from the Federal Housing,.. Read More;

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Blow up the Community Reinvestment Act and start from scratch

National Mortgage
Mortgage Finance
4 years ago

The Community Reinvestment Act was enacted in 1977 “to address inequities in access to credit for low- and moderate-income individuals,.. Read More;

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Meta settles claims that ads violated fair housing laws

National Mortgage
Mortgage Finance
4 years ago

Meta Platforms Inc. will change its ad delivery system to address concerns that it violates the Fair Housing Act by,.. Read More;

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These housing markets are most vulnerable to declining values

National Mortgage
Mortgage Finance
4 years ago

The regions that could be most vulnerable to depreciation based on loan-to-value ratios, mortgage performance, housing costs and local incomes,.. Read More;

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JPMorgan lays off hundreds in mortgage business after rate surge

National Mortgage
Mortgage Finance
4 years ago

JPMorgan Chase is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates,.. Read More;

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Folk2Folk brings in Leitch as COO

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The national peer-to-peer lender for regional SMEs says Leitch has 34 years of experience in the retail, SME and corporate,.. Read More;

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Third of property professionals forced to take time off during pandemic boom

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The study by the second business number firm found that 30% of those working in the industry took time off,.. Read More;

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BSA and Money Advice Trust launch mortgage arrears guide

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The booklet – called ‘What to do if you can’t pay your mortgage’ – covers six steps borrowers must take,.. Read More;

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April sees house prices grow over 12%, shows government data

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This compares to a 9.7% increase recorded in March. On a monthly basis, house prices moved up by 1.1% in April.,.. Read More;

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Two reports present very different pictures of appraisal bias

National Mortgage
Mortgage Finance
4 years ago

Automated valuations tested on 50 ZIP codes in Chicago yielded no signs of racial bias, even on undervalued properties where,.. Read More;

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LoanCare lays off undisclosed number of workers

National Mortgage
Mortgage Finance
4 years ago

Mortgage subservicer LoanCare conducted a round of layoffs on June 17, as the need to assist borrowers affected by the,.. Read More;

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