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Low-to-moderate income borrowers can add $300 billion in originations

National Mortgage
Mortgage Finance
4 years ago

Scores of low-to-moderate income consumers represent an untapped client base for the mortgage industry, but a lack of clear strategies,.. Read More;

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Servicers bracing for new scrutiny, complexities as forbearance ends

National Mortgage
Mortgage Finance
4 years ago

Mortgage servicers and attorneys are preparing for regulators to start looking more closely at borrowers exiting pandemic-related payment suspensions, following,.. Read More;

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Although origination margins are down, expenses keep rising

National Mortgage
Mortgage Finance
4 years ago

Mortgage origination revenue is returning to more normal levels after a year of extraordinary earnings driven by massively high gain,.. Read More;

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Old National CEO: Hard to tell if redlining suit will delay merger

National Mortgage
Mortgage Finance
4 years ago

Old National Bancorp is prepared to complete the largest merger in its history just as soon as it receives approval,.. Read More;

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Buyer urgency wanes in September housing market

National Mortgage
Mortgage Finance
4 years ago

Housing market velocity slowed in line with typical seasonality as summer turned to fall, but it still remains strong, according,.. Read More;

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Housing starts fell last month, led by multifamily slowdown

National Mortgage
Mortgage Finance
4 years ago

U.S. housing starts decreased in September, driven by a pullback in multifamily construction, as lingering supply-chain constraints, shortages of skilled,.. Read More;

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Freddie Mac may follow Fannie Maes lead and underwrite based on rent

National Mortgage
Mortgage Finance
4 years ago

Freddie Mae is considering a similar move to Fannie Mae’s recent addition of mortgage credit assessments based on rent, an,.. Read More;

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Sally Wright joins Hampshire Trust as head of propositions

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Wright joins HTB from Vida Homeloans where she was corporate sales manager and then head of field sales. She will work,.. Read More;

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Govt to offer new

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The move is part of a £450m boiler upgrade scheme, which comes under a wider £3.9bn spending promise, through the,.. Read More;

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Scottish house prices rise in August to fresh highs

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This represents a 1.8% monthly rise, or another £3,685 since July, and a 12.1% annual rise – “and there is,.. Read More;

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Mortgage affordability for first-time buyers jumps 20%

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Analysis of cases processed through the MBT platform shows that overall mortgage affordability reached its highest level all year in,.. Read More;

post

Demand for rental property grows in Q3

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Of 600 landlords surveyed, 69% said they had seen demand grow, with 36% describing this happening to a ‘significant’ level. The,.. Read More;

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