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U.S. home prices surge most since 2005, fueled by low rates

National Mortgage
Mortgage Finance
4 years ago

Homes in Irvington, New Jersey.Gabriela Bhaskar/BloombergU.S. home prices surged the most since the end of 2005 as a shortage of,.. Read More;

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Ocwen subsidiary PHH to buy $48B in mortgage servicing rights

National Mortgage
Mortgage Finance
4 years ago

Ocwen Financial subsidiary PHH Mortgage Corp. announced Monday that it plans to purchase a $48 billion mortgage servicing rights portfolio,.. Read More;

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Quantifying Fannie Mae and Freddie Macs progress on helping Black borrowers

National Mortgage
Mortgage Finance
4 years ago

In the year following widespread protests on racial injustice,Black homeownership has gotten a little more attention from the government-sponsored enterprises,,.. Read More;

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U.S. states take aim as house wholesalers flood poor areas

National Mortgage
Mortgage Finance
4 years ago

States and cities in the U.S. are cracking down on a niche in house-flipping known as wholesaling conducted by a,.. Read More;

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Low rates fuel middle class stampede to later life lending

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The later life mortgage broker said this demonstrated how recent low rates had driven a ‘middle class stampede” towards the,.. Read More;

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A third of properties selling above asking price as demand outstrips supply

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Data from NAEA Propertymark revealed one in three (32%) homes sold for more than the buyer was asking during April. What’s,.. Read More;

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Bridging applications climb but completions dip

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The value of new bridging applications in Q1 2021 was 12% higher than in Q4 2020 and 17.9% higher on,.. Read More;

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The Stress-Test Rate Increases to 5.25% on June 1 | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

I hope everyone enjoyed the fantastic weather over the long weekend. I did the same, so today’s post will be,.. Read More;

post

Experian products now available via LendingMetrics platform

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The new partnership means lenders can now access multi-bureau credit reference data, affordability, AML and bank account verification services via,.. Read More;

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Fulton Bank partners with Minority Mortgage Bankers on training

National Mortgage
Mortgage Finance
4 years ago

Fulton Bank announced Monday that it has entered a partnership with the National Association of Minority Mortgage Bankers of America,.. Read More;

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Sustained home price growth may hold risk for mortgages: study

National Mortgage
Mortgage Finance
4 years ago

Rising home prices bolstered homeowner wealth during the pandemic, but Federal Housing Finance Agency research suggests shocks to the economy,.. Read More;

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Housing policy is too focused on rental homes. That must change.

National Mortgage
Mortgage Finance
4 years ago

At a recent Michigan Bankers Association conference, the vice president in charge of business development for the Michigan Economic Development,.. Read More;

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