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Black mortgage applicants nearly twice as likely to be denied: Zillow

National Mortgage
Mortgage Finance
5 years ago

The ability to access credit and obtain a mortgage is significantly more challenging for would-be borrowers who are Black, Indigenous,,.. Read More;

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C-PACE financing is coming to Oklahoma following 2019 pilot program

National Mortgage
Mortgage Finance
5 years ago

Many Oklahoma developers are about to gain a new tool for financing construction.It's a time-tested program already used to help,.. Read More;

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CRE fundamentals improve, but recovery more than a year away

National Mortgage
Mortgage Finance
5 years ago

Commercial real estate fundamentals improved in July, but the pandemic continues to affect development projects and is likely to remain,.. Read More;

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Bumper July for ESIS volumes but product numbers drop

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The latest report from technology firm, Mortgage Brain, revealed more European Standardised Information Sheets (ESIS) were generated through its sourcing,.. Read More;

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Foundation launches mortgage options for buyers with credit blips

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The intermediary-only specialist lender said the new range includes an 80% loan-to-value (LTV) version of its popular two and five-year,.. Read More;

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Air Group enters deal to provide second charge and bridging loans

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Through the link, users of the Air Group proposition – which includes Air Mortgage Club and Air Sourcing – will,.. Read More;

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Bank of England holds base rate at 0.1% amid economic uncertainty

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The Monetary Policy Committee (MPC) voted unanimously to maintain the rate, which was reduced twice back in March following the,.. Read More;

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Biggest U.S. banks have more than $150 billion of deferred loans

National Mortgage
Mortgage Finance
5 years ago

The four largest U.S. banks had at least $151.5 billion of loans with payments in deferral at midyear as borrowers,.. Read More;

post

Bipartisan bill aims to offer savings accounts for down payments

National Mortgage
Mortgage Finance
5 years ago

Sens. Doug Jones, D.-Ala., and Cory Gardner, R.-Colo., on Tuesday introduced the American Dream Down Payment Act, a bill that,.. Read More;

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Housing groups seek change to FHA loan restriction on student debt

National Mortgage
Mortgage Finance
5 years ago

A broad range of industry organizations is calling for the Federal Housing Administration to lower a particularly high bar set,.. Read More;

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MGIC's 2Q net income down as coronavirus leads to higher reserving

National Mortgage
Mortgage Finance
5 years ago

Higher than expected loan loss reserving due to coronavirus-related mortgage delinquencies resulted in MGIC Investment Corp. second quarter earnings coming,.. Read More;

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Bayview, Wells add to surging RMBS pipeline

National Mortgage
Mortgage Finance
5 years ago

A pair of new mortgage-backed securities offerings this week includes another first-time issuer, a trend indicating strong investor demand in,.. Read More;

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