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Feds Powell embraces idea of CRA for nonbanks

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Federal Reserve Chair Jerome Powell indicated his support on Monday for subjecting non-depository institutions to the Community Reinvestment,.. Read More;

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Mortgage delinquencies set a new record in March

National Mortgage
Mortgage Finance
5 years ago

What a difference a year can make. At this time in 2020, mortgage servicers prepared for an incoming tidal wave,.. Read More;

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Commercial mortgage performance improves again, but worries remain

National Mortgage
Mortgage Finance
5 years ago

Commercial and multifamily mortgages continued their improvement in April, but once again, the only category with a month-to-month increase in,.. Read More;

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LoanDepots originations set record despite rate jump

National Mortgage
Mortgage Finance
5 years ago

LoanDepot’s originations climbed to a new record in the first quarter amid higher rates and margin compression that contributed to,.. Read More;

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MIG Market Watch, May 3rd, 2021 | Mortgage Investors Group

Mortgage Investors Group
Mortgage Finance
5 years ago

MIG Market Watch, May 3rd, 2021 ,.. Read More;

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Why the Bank of Canada Probably Won't Hike Before the US Fed | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
5 years ago

In its most recent policy statement, the Bank of Canada (BoC) moved up the timing of its next policy-rate increase,.. Read More;

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HUD charges California mortgage modification service with discrimination

National Mortgage
Mortgage Finance
5 years ago

A California company that advertised help for distressed mortgage borrowers engaged in discriminatory and illegal practices, the Department of Housing,.. Read More;

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Why are complaints about credit bureaus soaring?

National Mortgage
Mortgage Finance
5 years ago

Something doesn’t add up.Consumer credit has held up remarkably well during the pandemic, and household debt has shrunk. Even among,.. Read More;

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Fannie Mae earnings rise due to accounting switch

National Mortgage
Mortgage Finance
5 years ago

Fannie Mae on Friday recorded an increase in net income for the first quarter due to its completion of a,.. Read More;

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Genworth has no current plans to divest more of its MI company

National Mortgage
Mortgage Finance
5 years ago

Genworth Financial has no plans, right now, to sell any additional portion of its U.S. mortgage insurance business beyond what,.. Read More;

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Veteran of '08 crisis says conditions are ripe for a repeat

National Mortgage
Mortgage Finance
5 years ago

Kerry Killinger has plenty of experience contending with a financial crisis — and he is concerned that another one is,.. Read More;

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Fix-and-flippers face stiffer competition in the housing market

National Mortgage
Mortgage Finance
5 years ago

The U.S. housing market has become so heated that fix-and-flippers typically used to getting squeezed by Wall Street-backed firms are,.. Read More;

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