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Interfirst Mortgage gets $175M investment

National Mortgage
Mortgage Finance
4 years ago

Interfirst Mortgage, a Chicago-based lender that originates in the retail and third-party channels, raised $175 million in capital from a,.. Read More;

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Fed's Quarles to end role as chief watchdog of Wall Street banks

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Vice Chairman for Supervision Randal Quarles will be removed from his role as the main watchdog of Wall,.. Read More;

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Proportion of tenants in arrears doubles over pandemic

Mortgage Finance Gazette
Mortgage Finance
4 years ago

In April-May 2021, 7% of private renters were in arrears, up from 3% in 2019/20, according to the third wave,.. Read More;

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Sancus hires Stevens as head of sales for the south

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The bridging and development loans firm says veteran Stevens will be responsible for leading a business development team in the,.. Read More;

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Rent prices rise as city centres reopen: Rightmove

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Specifically, since February 2020 (i.e., pre-pandemic), renters in Bristol faced a 12% rise in their bills, Nottingham and Glasgow clocked,.. Read More;

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Construction output falls 0.2% hampered by supply chain blockages: ONS

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It said new work remained flat in the month, while repair and maintenance activity fell 0.6%. Construction output in August was,.. Read More;

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Meet Parker AI mortgage assistant to launch multilingual chatbot

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm says the multilingual feature provides automatic translations of chat between the software tool and customers. It adds, the new,.. Read More;

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Purchase closing costs increase by more than 10% in first half of 2021

National Mortgage
Mortgage Finance
4 years ago

With housing prices accelerating in 2021, closing costs have gone up in tandem, but at a slower rate.The national average,.. Read More;

post

Fannie Mae sells NPLs to Credit Suisse, Barclays and Pretium

National Mortgage
Mortgage Finance
4 years ago

Two Wall Street firms and a single-family rental investor have purchased portions of Fannie Mae’s latest nonperforming loan package.The four,.. Read More;

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Taper conditions have all but been met, Fed's Clarida says

National Mortgage
Mortgage Finance
4 years ago

Richard Clarida, vice chairman of Federal Reserve SystemKholood Eid/BloombergThe conditions required to begin tapering the Federal Reserve’s bond-buying program have,.. Read More;

post

Redwood Trust, Point issue first home equity investment securitization

National Mortgage
Mortgage Finance
4 years ago

Redwood Trust has announced the issuance of a securitization backed by agreements in which investors purchase a share of equity,.. Read More;

post

Rocket, Homepoint, FOA raise Fannie, Freddie conforming loan limits

National Mortgage
Mortgage Finance
4 years ago

Rocket Cos., Finance of America Mortgage and Homepoint have joined PennyMac and United Wholesale Mortgage in raising their conforming loan,.. Read More;

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