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Federal Home Loan banks' purpose called into question as advances drop

National Mortgage
Mortgage Finance
4 years ago

As banks rack up record levels of deposits, the Federal Home Loan banks' core business of providing liquidity to member,.. Read More;

post

FHLBank Chicago commits $11M to housing and small biz

National Mortgage
Mortgage Finance
4 years ago

The Federal Home Loan Bank of Chicago has committed $11.25 million for affordable housing and small business development to support,.. Read More;

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Fintechs slam the FICO score. The companys CEO says its evolving.

National Mortgage
Mortgage Finance
4 years ago

When regulators recently accused AI-based lending software companies of creating “black boxes,” the fintechs pushed back. Fintechs and consumer advocates,.. Read More;

post

Redfin switches to all-cash deal for Bay Equity

National Mortgage
Mortgage Finance
4 years ago

Redfin switched its consideration to Bay Equity Home Loans to all-cash as the real estate franchisor's stock price was down,.. Read More;

post

HECM endorsements hit 11-year high

National Mortgage
Mortgage Finance
4 years ago

Endorsements of Home Equity Conversion Mortgages in March jumped to their highest level since March 2011, as seniors took advantage,.. Read More;

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Record pricing brings home affordability to 15-year low

National Mortgage
Mortgage Finance
4 years ago

Record home price growth has created the worst housing affordability since the period just before the Great Recession, according to,.. Read More;

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Ecology Building Society's total assets up 13.4% in 2021

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The results also showed a record 76.59% increase in new mortgage lending, enabled by a 14.6% increase in the number,.. Read More;

post

Metro Bank hires Trinder as head of mortgage quality and risk

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Trinder has worked in the industry for 35 years and Metro from Mortgage Advice Bureau where she was risk and,.. Read More;

post

Equity release market transacts

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This compares to £3.89bn in 2020, which was down on the £3.92bn recorded in 2019. During 2021, the ERC report says,,.. Read More;

post

The Cambridge reveals record pre-tax profits of

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The results showed £318m of new mortgage lending, which lead to mortgage book growth of 4.3% and strong liquidity assets,.. Read More;

post

Is the Bank of Canada about to Hike by 0.50%? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

Surging Government of Canada (GoC) bond yields have recently pushed our fixed mortgage rates significantly higher. They have risen by,.. Read More;

post

Credit Medic For You & Your Mortgage

GLM Mortgage Group
Mortgage Finance
4 years ago

Credit Medic for You & Your Mortgage Your credit score is a huge factor in getting a mortgage, and it won’t,.. Read More;

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