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Lower-tier mall properties face increased strain from department-store woes

National Mortgage
Mortgage Finance
5 years ago

On the surface, the May bankruptcy filing of J.C. Penney was a minor event in the universe of commercial mortgage-backed,.. Read More;

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Genworth's AXA deal allows it to proceed with possible MI spin-off

National Mortgage
Mortgage Finance
5 years ago

Genworth Financial's settlement with AXA will allow the company to continue with its "Plan B" of spinning off its U.S.,.. Read More;

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Former Ginnie Mae chief calls for liquidity facility

National Mortgage
Mortgage Finance
5 years ago

Falling forbearance rates seem like they bode well for mortgage performance, but other indicators like banks' large loan-loss reserves don't,,.. Read More;

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Whats systemic in the secondary mortgage market? Don't ask FSOC.

National Mortgage
Mortgage Finance
5 years ago

When Financial Stability Oversight Council announced last week that it is studying the secondary mortgage market’s systemic risks, it reopened,.. Read More;

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Home sales in Northeast Florida surged in June

National Mortgage
Mortgage Finance
5 years ago

Despite concerns with the COVID-19 pandemic, the area real estate market saw activity in June that was consistent with June,.. Read More;

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Smartr365 feedback feature generates first major upgrade

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The end-to-end mortgage technology platform made a ‘You Ask, We Build’ commitment in June in a bid to identify improvements,.. Read More;

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Property transactions increase by 31.7% in June

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The latest figures from HMRC, although provisional, illustrate how the market had begun to recover following its re-opening in May,.. Read More;

post

HTB increases maximum LTV and returns to holiday let market

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The lender is also reducing minimum interest cover ratios (ICR) to pre-Covid-19 levels for all deals and recommencing lending on,.. Read More;

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Pepper Money responds to demand with buy-to-let relaunch

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The specialist lender has also announced it will be making its new Pepper Light mortgage range – for customers how,.. Read More;

post

Borrowing amongst over-55s set to plunge in short term

Mortgage Finance Gazette
Mortgage Finance
5 years ago

That’s the verdict of a report by more2life which has forecast debt levels will tumble across all households. But it,.. Read More;

post

Big banks urge HUD to shelve redlining plan. Small banks say not so fast.

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — In what is a sea change from their prior stance in “disparate impact,” big banks are urging the,.. Read More;

post

Mortgage forbearance rate takes biggest fall yet: MBA

National Mortgage
Mortgage Finance
5 years ago

The pace of loans going into forbearance shrunk for the fifth week in a row, reaching a two-month low as,.. Read More;

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