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CFPB extends forbearance deadline, Ginnie Mae nominee gets closer to confirmation and more of the weeks news

National Mortgage
Mortgage Finance
4 years ago

Also, Freddie Mac and Fannie Mae's securitization platform shuns private-label market, UniversalCIS and Credit Plus merge and Arizent research shows,.. Read More;

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Oceanview Mortgage Trust set to issue $496.6 million in MBS

National Mortgage
Mortgage Finance
4 years ago

Oceanview Mortgage Trust is preparing to issue about $496.6 million in debt backed by a pool of 551 prime, jumbo,.. Read More;

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One banks response to climate change: Financing condo retrofits

National Mortgage
Mortgage Finance
4 years ago

Ken LaRoe and his team at Climate First Bank were in the midst of developing a new loan program when,.. Read More;

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Forbearances see biggest weekly drop in a year

National Mortgage
Mortgage Finance
4 years ago

Borrowers recently exited forbearance at the fastest pace in a year, as the first wave of homeowners who received CARES,.. Read More;

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August nonbank mortgage job numbers decline

National Mortgage
Mortgage Finance
4 years ago

Alongside declining lending volumes, nonbank mortgage jobs dropped slightly in August, which may be a start of a trend that,.. Read More;

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Its too easy to launder money through real estate

National Mortgage
Mortgage Finance
4 years ago

In the last five years alone, at least $2.3 billion has been laundered through U.S. real estate transactions, according to,.. Read More;

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Rates for fixed products start to rise, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
4 years ago

For a three-year fix, the average rate gained 3 basis points to 2.34% and the rate for a five-year fix,.. Read More;

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Blog: Should mortgage lenders finance borrowing on modular construction?

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This, he enthused, “would be extremely important to the future of housing”. With MC, most construction takes place in a factory,.. Read More;

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Californias median home price seen topping $800,000 in new peak

National Mortgage
Mortgage Finance
4 years ago

The median price for a home in California is set to jump north of $800,000 next year, adding to a,.. Read More;

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Finova snaps up BEP Systems to boost mortgage platform presence

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Finova’s cloud-based software is used by over 60 lenders and 3,000 brokers, while BEP, launched in 2014, specialises in mortgages,,.. Read More;

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Affordable housing advocate moves closer to top job at Ginnie Mae

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON— President Biden’s nominee to lead Ginnie Mae pledged to lawmakers Thursday that if confirmed, she would do her part,.. Read More;

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Fair-lending suit puts heat on Old National-First Midwest deal

National Mortgage
Mortgage Finance
4 years ago

Fair housing advocates are alleging mortgage discrimination by Old National Bancorp and pressuring the Federal Reserve to take a closer,.. Read More;

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