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Average two-year fix rate drops 2bps, Moneyfacts finds

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The average five-year fix also dropped 2 basis points, moving from 2.72% to 2.70% during the week, while the average,.. Read More;

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Blog: An ethical extension of your business

Mortgage Finance Gazette
Mortgage Finance
4 years ago

In my last article I talked about the similarities to be found in corporate and sporting worlds across leadership, team make-up and,.. Read More;

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Is leadership void at Ginnie Mae stymieing mortgage policy?

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — Last month, nonbank lenders were outraged over a Ginnie Mae plan to impose capital requirements. Industry observers say,.. Read More;

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Finance of America, Ocwen turn to reverse mortgages as margins shrink

National Mortgage
Mortgage Finance
4 years ago

As mortgage companies broadly wrestle with normalizing revenues for traditional loans, reverse products are becoming more prominent in some lenders’,.. Read More;

post

Rocket Cos. launches home buying and selling platform

National Mortgage
Mortgage Finance
4 years ago

Rocket Homes, the real estate arm of Rocket Cos., is building an all-encompassing platform for home buyers and sellers alike.The,.. Read More;

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HUD, FHFA pact redoubles fair housing enforcement for Fannie, Freddie

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency and the Department of Housing and Urban Development onThursday entered into a memorandum of understanding,.. Read More;

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Mortgage credit increases in July, but remains near 2014 lows

National Mortgage
Mortgage Finance
4 years ago

Mortgage credit availability rebounded in July, rising 0.3% from June, but the effects of the pandemic is holding back further,.. Read More;

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Guilds profits decline, as total originations fell in second quarter

National Mortgage
Mortgage Finance
4 years ago

Decreased volume and lower gain-on-sale margins led to smaller quarterly gains at Guild Holdings (GHLD), and the company expects further,.. Read More;

post

Home prices in the U.S. soar 23%, the fastest rate on record

National Mortgage
Mortgage Finance
4 years ago

U.S. home prices rose the most on record in the second quarter as buyers battled for a scarcity of listings.The,.. Read More;

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Mortgage rates rise to 2.87%, reaching highest level since July

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates in the U.S. surged to the highest level in a month.The average for a 30-year loan was 2.87%,,.. Read More;

post

Construction output down in month to June but sees quarterly rise

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Output fell by 1.3% in June, the third consecutive monthly drop and 0.3% below the last pre-coronavirus pandemic level recorded,.. Read More;

post

Enra signs loan facility with JP Morgan to fund bridging portfolio

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The facility will allow Enra to fund £750m of loans alongside its other funding sources. The non-bank lender launched its inaugural £270m,.. Read More;

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