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Fannie Maes early start on limiting certain loans surprises lenders

National Mortgage
Mortgage Finance
4 years ago

Lenders knew the government-sponsored enterprises needed to cap purchases of single-family loans backed by investor properties and second homes but,.. Read More;

post

House lawmaker proposes new restrictions on credit bureaus

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The top Republican on the House Financial Services Committee is sponsoring legislation that would remove certain negative details,.. Read More;

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Mortgage rates creep up, but at a more gradual pace

National Mortgage
Mortgage Finance
4 years ago

The average 30-year mortgage rate inched up another notch in Freddie Mac’s latest weekly survey, hovering at levels last seen,.. Read More;

post

Home Point reports rise in loan broker inquiries as competitors battle

National Mortgage
Mortgage Finance
4 years ago

Home Point Capital touted its growth in the wholesale origination channel during 2020, and put in its two cents on,.. Read More;

post

Record share of lenders expect shrinking profits in 2021: Fannie Mae

National Mortgage
Mortgage Finance
4 years ago

After a booming 2020, a growing share of mortgage lenders expect lower profits in the coming months as climbing interest,.. Read More;

post

Something New for New Construction and Home Renovation Opportunities

MGIC Connects
Mortgage Finance
4 years ago

People like new things. New phones, new pets, new cars, new foods… new kitchens, new bathrooms and new houses. The,.. Read More;

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The digital ID revolution is coming but what does it mean for lenders?

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The government recently published new plans which will oversee the use of digital identities and revolutionise mortgage transactions. The new digital,.. Read More;

post

Monmouthshire takes on digital workers to improve service

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Welsh society, established in 1869, has announced it is to use Blue Prism’s AI digital robots to improve its,.. Read More;

post

Metro Bank launches near prime mortgage range

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Currently more than eight in 10 people with adverse credit think banks and other lenders aren’t interested in helping them,,.. Read More;

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Accord API roll-out marks next step on digital journey

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender said the new technology, which is being rolled out during 2021, would save brokers around 20 minutes per,.. Read More;

post

Ipswich adds new 80% LTV holiday-let mortgage to buy-to-let offering

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The new two-year fixed rate mortgage has a rate of 4.10% and offers borrowers 60 days’ of personal use for,.. Read More;

post

Millennials entering home market are the oldest ever

National Mortgage
Mortgage Finance
4 years ago

Even as more borrowers between 21 and 40 leveraged the historically low mortgage rates in January, the average age rose,.. Read More;

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