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Mortgage firms set new record for per-loan profits even as costs rise

National Mortgage
Mortgage Finance
5 years ago

The money lenders make on each home loan hit another survey-record high in the third quarter despite increased expenses that,.. Read More;

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Younger millennials increasing opt for FHA loans

National Mortgage
Mortgage Finance
5 years ago

For millennials looking to purchase a home, especially younger ones, the Federal Housing Administration program has become a go-to product,,.. Read More;

post

Guild's 3Q income climbs over 2000% on record originations

National Mortgage
Mortgage Finance
5 years ago

Guild Holdings, the latest nonbank mortgage company to go public, had an over 2000% year-over-year increase in its third-quarter net,.. Read More;

post

FHFA extends foreclosure and eviction moratorium

National Mortgage
Mortgage Finance
5 years ago

Fannie Mae and Freddie Mac will extend the moratoria on foreclosures and evictions until “at least” Jan. 31, the Federal,.. Read More;

post

Mortgage rates fall to new low, despite spike in Treasury yields

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates dropped a basis point this week, reaching the lowest level since Freddie Mac started tracking this data, even,.. Read More;

post

Morgan Stanley returns to prime jumbo RMBS in $308.5M deal

National Mortgage
Mortgage Finance
5 years ago

Morgan Stanley’s mortgage acquisition and trading arm is sponsoring only its third prime-jumbo securitization of first-lien residential loans since the,.. Read More;

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NatWest and Santander join remortgage service from comparethemarket and Koodoo

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The execution-only service will enable homeowners to view personalised deals and then apply using a process which is described as,.. Read More;

post

Glenhawk secures further backing to accelerate lending activity

Mortgage Finance Gazette
Mortgage Finance
5 years ago

It will support the senior funding line Glenhawk secured with J.P. Morgan in March as it targets growing the UK,.. Read More;

post

Paragon Bank makes strides in specialist buy-to-let market

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The results, out today, show this segment accounted for 93% of total buy-to-let activity, compared to 89% in 2019. Indeed, buy-to-let,.. Read More;

post

Mortgage costs rise over the year with low deposit borrowers taking biggest hit

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This is according to the latest analysis from Mortgage Brain which revealed the cost of borrowing for high-LTV customers had,.. Read More;

post

FHA's Dana Wade takes issue with 2021 loan limits

National Mortgage
Mortgage Finance
5 years ago

The head of the Federal Housing Administration is questioning the size of the increases in its loan limits, declaring that,.. Read More;

post

Finance of America 3Q net income rises on record forward loan volume

National Mortgage
Mortgage Finance
5 years ago

Finance of America posted a 66% increase in net income from the second quarter to the third, as the company's,.. Read More;

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