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Equity release lending jumps 19% year-on-year in Q3

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Equity Release Council (ERC) says lending was down by 2% from £1.17bn in the second quarter and notes that,.. Read More;

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Govt

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The funding announced by the Department for Levelling Up, Housing and Communities this weekend, will be given to councils in,.. Read More;

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Are Variable-Rate Mortgages Too Risky? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

Inflation talk continues to dominate the headlines, as do warnings that borrowers should choose fixed-rate mortgages because variable rates will,.. Read More;

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Regions says its open to more nonbank acquisitions

National Mortgage
Mortgage Finance
4 years ago

Regions Financial, which has made two deals to buy nonbanks in recent months, is on the lookout for more such,.. Read More;

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Forbearance rate hovers at 12-month low as weekly drop decreases

National Mortgage
Mortgage Finance
4 years ago

Forbearance in October is nearing a 12-month low since exits have soared, but the number of loans in such plans,.. Read More;

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Cash-offer fintech UpEquity scores $50 million in funding

National Mortgage
Mortgage Finance
4 years ago

Proptech mortgage company UpEquity, the digital platform providing home buyers with the means to put down all-cash offers, announced the,.. Read More;

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Bidding wars decline as the housing market cools: Redfin

National Mortgage
Mortgage Finance
4 years ago

The percentage of for-sale properties receiving multiple bids reached a 2021 low in September according to Redfin. It was the,.. Read More;

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DOJ vows more redlining cases after Trustmark settlement

National Mortgage
Mortgage Finance
4 years ago

Attorney General Merrick Garland unveiled an interagency initiative to combat redlining and announced a settlement with Trustmark National Bank in,.. Read More;

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As refis dry up, mortgage firms vow to lend more to minority borrowers

National Mortgage
Mortgage Finance
4 years ago

Mortgage lenders that have sustained staggering profits over the past two years are facing a tougher outlook ahead. Rising interest,.. Read More;

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CFPB's Chopra taps ex-Obama civil rights official as enforcement chief

National Mortgage
Mortgage Finance
4 years ago

Eric Halperin, a longtime consumer advocate, fair lending litigator and civil rights official at the Justice Department in the Obama,.. Read More;

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Blog: Can existing tech cope with the new normal?

Mortgage Finance Gazette
Mortgage Finance
4 years ago

To the outside world, lenders’ systems are largely digital and well-equipped to withstand the huge displacement of people we’ve witnessed,.. Read More;

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Distressed real estate fund formed by investor who made a fortune shorting malls

National Mortgage
Mortgage Finance
4 years ago

Shoppers carry bags while walking at a mall in Garden City, New York. Photographer: John Taggart/BloombergJohn Taggart/Photographer: John Taggart/BloomA portfolio,.. Read More;

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