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UWM to stop buying loans from brokers that sell to Rocket or Fairway

National Mortgage
Mortgage Finance
5 years ago

United Wholesale Mortgage will no longer purchase loans from mortgage brokers that work with Fairway Independent Mortgage and Rocket Cos.It,.. Read More;

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CoreLogic asks CoStar to increase the cash portion of its bid

National Mortgage
Mortgage Finance
5 years ago

CoreLogic has asked CoStar Group to include more cash in its $7.25 billion takeover bid in order to get the,.. Read More;

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FHFA announces extension of multifamily COVID-related mortgage relief

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency is providing an additional three months of forbearance to multifamily borrowers with loans backed by,.. Read More;

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Plaids Income product to pull payroll data for lenders

National Mortgage
Mortgage Finance
5 years ago

Plaid, a platform that helps lenders pull consumer-permissioned bank data into their systems, on Thursday announced that it plans to,.. Read More;

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Mortgage rates hit highest point since July

National Mortgage
Mortgage Finance
5 years ago

Interest rates spiked 37 basis points since the calendar flipped to 2021 alongside rising Treasury bond yields.While the pace slowed,.. Read More;

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Hippo to go public after SPAC merger

National Mortgage
Mortgage Finance
5 years ago

(Bloomberg) -- Hippo Enterprises Inc., a home-insurance startup, agreed to go public through a merger with Reinvent Technology Partners Z,,.. Read More;

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How chain of custody is making lenders vulnerable to mortgage fraud

National Mortgage
Mortgage Finance
5 years ago

When famous bank robber Willie Sutton was asked why he robs banks he replied, “because that’s where the money is.”,.. Read More;

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Tesla raffles, 'Dundies' and more: how lenders are leveling up on employee appreciation

National Mortgage
Mortgage Finance
5 years ago

A little appreciation goes a long way, and it’s especially impactful when employers take a thoughtful and unique approach to,.. Read More;

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Castle Trust to offer buy-to-let range through Legal & General

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Legal & General Mortgage Club members now have full access to Castle Trust Bank’s buy-to-let mortgages, bridging and development finance,,.. Read More;

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Stamp duty holiday boosts lending at end of Q4 to 13-year quarterly high

Mortgage Finance Gazette
Mortgage Finance
5 years ago

According to UK Finance, high levels of house purchasing in December led to lending which was 31% higher than in,.. Read More;

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TMA Club to offer West One specialist buy-to-let loans

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Under the new deal Directly Authorised (DA) brokers, who are members of TMA, will have immediate access to West One’s,.. Read More;

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CFPB officially proposes delay of QM changes

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau made official the agency's plans to delay the compliance deadline for changes to its main,.. Read More;

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