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Home-price gains set another record, fueled by bidding Wars

National Mortgage
Mortgage Finance
4 years ago

U.S. home prices once again jumped the most in more than 30 years.The S&P CoreLogic Case-Shiller index of property values,.. Read More;

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Melton Building Society upgrades governance and risk software

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Leicestershire-based mutual says it has historically used manual processes and spreadsheets to capture and report on its “compliance, risk,.. Read More;

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Increased number of properties down valued by surveyors

Mortgage Finance Gazette
Mortgage Finance
4 years ago

An estimated 390,285 homes have been down valued by surveyors working on behalf of lenders, who believe the price agreed,.. Read More;

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Purchase approvals drop; net mortgage borrowing falls: BoE

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This is the lowest level seen since July 2020 but, the BoE adds, “remains above pre-February 2020 levels.” Meanwhile, approvals for,.. Read More;

post

Masthaven promotes Connelly to director of lending and credit operations

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Connelly was formerly, director of mortgage lending, but her new role will see her oversee both short and long-term lending,.. Read More;

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Cadence Bancorp paying $8.5 million to settle redlining allegations

National Mortgage
Mortgage Finance
4 years ago

Cadence Bancorp in Houston has agreed to pay a $3 million penalty and provide more than $4 million in loan,.. Read More;

post

June home price growth breaks record, eclipsing 05 peak

National Mortgage
Mortgage Finance
4 years ago

Housing affordability dropped in June for the fourth straight month as price growth broke a 16-year-old record, according to First,.. Read More;

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California dropped out of top 10 investor housing markets in 2020

National Mortgage
Mortgage Finance
4 years ago

California historically has been a hot market for investor home purchases but that’s changed over the past nine years, to,.. Read More;

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Forbearance numbers unchanged, as relief for some borrowers soon ends

National Mortgage
Mortgage Finance
4 years ago

Servicers are gearing up for what they expect to be an active September, as August's slow pace led to few,.. Read More;

post

U.S. pending home sales unexpectedly decline for a second month

National Mortgage
Mortgage Finance
4 years ago

U.S. pending home sales unexpectedly declined for a second straight month in July as limited inventory and soaring prices deterred,.. Read More;

post

Non-QM lender Mbanc underwrites borrower income from mobile wallets

National Mortgage
Mortgage Finance
4 years ago

Mobile wallets like PayPal, Venmo and Zelle are being used in an increasing number of transactions by U.S. consumers. But,.. Read More;

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How to find out whats behind the AI curtain

National Mortgage
Mortgage Finance
4 years ago

If you’ve seen The Wizard of Oz, you will recall the moment when Dorothy’s dog, Toto, pulls back the curtain,.. Read More;

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