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NY bill would close foreclosure loophole

National Mortgage
Mortgage Finance
4 years ago

The New York State Legislature passed a bill on May 3 that would overturn a state high court decision that,.. Read More;

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Mortgage volumes increase for first time since early March

National Mortgage
Mortgage Finance
4 years ago

The recent slide in mortgage activity reversed course, as weekly volumes picked up for the first time since early March.,.. Read More;

post

Fannie Mae takes another step toward rebuilding CRT activity

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae on Tuesday priced its fifth Connecticut Avenue Securities deal structured as a tax-advantaged real estate mortgage investment conduit,.. Read More;

post

Fed hikes rates half point, will shrink assets to curb inflation

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve delivered the biggest hike in interest rates since 2000 and announced it would start shrinking its massive,.. Read More;

post

Bonds fall before Fed decision

National Mortgage
Mortgage Finance
4 years ago

Stocks wavered while bonds fell as investors braced for the biggest Federal Reserve hike since 2000 and awaited more clues,.. Read More;

post

Newbury Building Society hires new head of people

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Jones joins Newbury Building Society after more than 20 years in the financial services sector. Most recently, Jones served as head,.. Read More;

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Residential stamp duty receipts hit record in latest tax year

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The latest data found that £9.9bn of all stamp duty receipts in the 2021/22 tax year came from residential properties,,.. Read More;

post

Two days of strike action underway at FCA

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The action was prompted by planned cuts to pay and conditions at the regulator and will take place in London and Edinburgh. The,.. Read More;

post

Blog: Proceed cautiously to roll out commonhold

Mortgage Finance Gazette
Mortgage Finance
4 years ago

There are estimated to be 4.5 million leasehold homes in England, of which 69% are flats and 31% are houses,.. Read More;

post

Consumer Bankers Association names Lindsey Johnson its next leader

National Mortgage
Mortgage Finance
4 years ago

The Consumer Bankers Association has named Lindsey Johnson, a leader in the housing-finance industry, its next president and CEO.Johnson, currently,.. Read More;

post

New Residential reports servicing income surge, HELOC launch

National Mortgage
Mortgage Finance
4 years ago

While New Residential reported strong first-quarter earnings, the contracting mortgage market has the company seeking new profit-growth avenues.The mortgage real-estate,.. Read More;

post

FHFA says lenders must use form indicating preferred language

National Mortgage
Mortgage Finance
4 years ago

Mortgage lenders selling loans to Fannie Mae and Freddie Mac will be required to use the Supplemental Consumer Information Form,.. Read More;

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