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Fannie Mae delays mortgage-backed bond sale after volatile day

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae delayed a scheduled residential mortgage bond on Thursday due to market volatility spurred by Russia’s invasion of Ukraine,,.. Read More;

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Ocwen earnings slipped back into the red in Q4

National Mortgage
Mortgage Finance
4 years ago

Ocwen Financial reported its first full-year profit since 2013 in its latest earnings call, but also noted it slipped back,.. Read More;

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Mortgage broker wanted by feds for role in wide-ranging fraud

National Mortgage
Mortgage Finance
4 years ago

A mortgage broker is a fugitive from justice after being indicted on 25 counts including fraud, part of a six-person,,.. Read More;

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Leeds Building Society doubles annual profit to

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The UK’s fifth-largest mutual saw its gross lending hit £4.4bn in the year to the end of December, helping to,.. Read More;

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Coventry Building Society profit jumps 88% to

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The UK’s second-largest building society says mortgage balances lifted by 7.2% to £3.1bn, with the number of FTBs growing to,.. Read More;

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Average rates rise across the board as lenders continue to reprice fixes

Mortgage Finance Gazette
Mortgage Finance
4 years ago

For a two-year fix, the average rate jumped 9 basis points, to 2.64%, and for a three-year fix, the average,.. Read More;

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Rocket CEO takes aim at Better.com, margin-cutting competitors

National Mortgage
Mortgage Finance
4 years ago

A pedestrian wearing a protective mask passes in front of Rocket Companies Inc. signage displayed on The Chase Towers building,,.. Read More;

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Cadence Bank pledges $20.7 billion in community development lending

National Mortgage
Mortgage Finance
4 years ago

Cadence Bank in Houston has committed to invest $20.7 billion in low- and moderate-income communities over five years as part,.. Read More;

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Zombie homes decline but foreclosures are rising

National Mortgage
Mortgage Finance
4 years ago

The number of “zombie” homes vacant and headed toward foreclosure continues to decline, a trend that could reverse with rising,.. Read More;

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Home Point Capital earnings fell, revenue outperformed in 4Q

National Mortgage
Mortgage Finance
4 years ago

Home Point Capital’s bottom-line underperformed some analysts’ estimates in the latest quarter as it continued to struggle with normalizing margins,,.. Read More;

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Title insurers report mixed 4Q earnings as competition grows

National Mortgage
Mortgage Finance
4 years ago

While the four largest publicly-traded title insurers reported strong fourth-quarter financials, the outlook for 2022 is a bit more mixed,.. Read More;

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Servicer may pay over $200,000 to settle class-action suit

National Mortgage
Mortgage Finance
4 years ago

A U.S. District Court judge has approved a final settlement in which a servicer has agreed to pay over $200,000,,.. Read More;

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