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2021 RMBS to benefit from tighter underwriting put in place for COVID

National Mortgage
Mortgage Finance
5 years ago

Tighter underwriting criteria put into place by lenders as a result of COVID-19 will mean 2021-vintage residential mortgage-backed securities should,.. Read More;

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Rocket Mortgages HOI verification tool now available to other lenders

National Mortgage
Mortgage Finance
5 years ago

The sister company to Rocket Mortgage, Nexsys Technologies, this week released Clear HOI — an encrypted, cloud-based product for lenders,.. Read More;

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Nearly half of mortgage firms expect profit growth to slow: Fannie Mae

National Mortgage
Mortgage Finance
5 years ago

Mortgage lenders are enjoying a banner year for margins and volumes, but their outlook for the latter got notably dimmer,.. Read More;

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Is your mortgage production process ready for a purchase market?

National Mortgage
Mortgage Finance
5 years ago

It’s been a year of dizzying heights in terms of mortgage origination volume. Fannie Mae estimates an all-time high of,.. Read More;

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Mortgage applications slip, although record low rates spur refis

National Mortgage
Mortgage Finance
5 years ago

Mortgage application activity decreased 1.2% on a seasonally adjusted basis last week but refinance volume picked up as interest rates,.. Read More;

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Shawbrook Bank enhances bridging loan range

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The specialist lender said the revised pricing would apply across its bridging products – including both regulated and unregulated loans,.. Read More;

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Vernon Building Society to offer mortgages on Dynamo platform

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The Stockport-based building society offers bespoke lending solutions to mainstream borrowers as well as those with more individual requirements, across,.. Read More;

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Equity Release Council sets out guidance to deliver more personalised advice

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The guide, which complements its Checklist for Advisers, is designed to ensure consumers receive a high-quality and personalised service from,.. Read More;

post

A Biden CFPB could put pressure on mortgage servicers

National Mortgage
Mortgage Finance
5 years ago

Mortgage servicing could face increased scrutiny early next year as the incoming Biden administration and some states are expected to,.. Read More;

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Delinquencies shrink as housing market passes 'initial stress test'

National Mortgage
Mortgage Finance
5 years ago

While distressed mortgage rates crept down overall, serious delinquencies logged in September were triple the year-ago rate, according to CoreLogic.The,.. Read More;

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Biden's pick to lead HUD is Ohio Congresswoman Marcia Fudge

National Mortgage
Mortgage Finance
5 years ago

President-elect Joe Biden has selected Ohio Representative Marcia Fudge to lead the Department of Housing and Urban Development, according to,.. Read More;

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Ginnie Mae MBS issuance plateaus near a record high in November

National Mortgage
Mortgage Finance
5 years ago

Issuance of mortgage-backed securities insured by Ginnie Mae inched down to $76.2 billion in November, but remained close to its,.. Read More;

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