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Monthly refinance share falls below 50% for first time in over a year

National Mortgage
Mortgage Finance
4 years ago

For the first time in 15 months, purchases made up the majority of monthly home loan production, a new report,.. Read More;

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Teachers Building Society reports strong growth in 2020

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Despite an effective closure of the housing market in the first quarter of last year when the nation locked down,.. Read More;

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Loans Warehouse Secured Loan Index: Second Charge lending up 31% in March

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The number of completions also topped 2,000 for the first time since the pandemic began, with 2,202 second charge loans,.. Read More;

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Landbay increases flexibility and lowers rates

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The award-winning lender is lowering the minimum property value on its core products to £65,000 from £75,000. This will appeal,.. Read More;

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Exploring the challenges faced by self-employed mortgage applicants after the pandemic

Mortgage Finance Gazette
Mortgage Finance
4 years ago

According to the Office for National Statistics, there were more than 5 million self-employed people in the UK by the,.. Read More;

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BuildLoan and Buckinghamshire launch

Mortgage Finance Gazette
Mortgage Finance
4 years ago

All of the products in the range provide funds to the client in stages as construction of their property progresses,.. Read More;

post

High gains on sales drove record profits for mortgage bankers in 2020

National Mortgage
Mortgage Finance
4 years ago

Mortgage bankers had record origination profits last year, driven not by lower costs due to increased volume, but higher gains,.. Read More;

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Mortgage delinquencies highest in states with service-driven economies

National Mortgage
Mortgage Finance
4 years ago

Distressed mortgage rates improved for the fifth straight month in January but unstable job markets led to uneven recovery across,.. Read More;

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Facebook's VR site highlights pool assets in $1.2B Goldman CMBS

National Mortgage
Mortgage Finance
4 years ago

A newly constructed San Francisco-area office campus that was built-to-suit for Facebook's virtual reality headquarters is the largest segment of,.. Read More;

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Black households face the highest home affordability hurdle

National Mortgage
Mortgage Finance
4 years ago

The percentage of would-be borrowers who can meet mortgage underwriting requirements for a new median-priced home is far lower for,.. Read More;

post

Lumber frenzy drives up home prices as suppliers cant keep up

National Mortgage
Mortgage Finance
4 years ago

The frenzy sweeping the lumber market will likely keep going through the summer peak of U.S. home building as labor,.. Read More;

post

CFPB sets stage for more enforcement. But what's the script?

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau's decision last month to rescind Trump-era guidance outlining what constitutes an "abusive" practice was a,.. Read More;

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