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Lawmakers say banks need guidance on virus-related workarounds

National Mortgage
Mortgage Finance
5 years ago

U.S. lawmakers are pushing regulators to provide room for banks to work out loans with businesses and consumers who may,.. Read More;

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People on the move: March 6

National Mortgage
Mortgage Finance
5 years ago

CaliforniaIrvineBlackFin Group has hired Ann Pennywitt as EVP of strategic alliances and Dallin Fish as senior lending technology consultant. ,.. Read More;

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FirstKey returns with $507M manufactured housing MBS

National Mortgage
Mortgage Finance
5 years ago

FirstKey Mortgage is sponsoring a rare pooling of manufactured housing loans in a $507.1 million securitization. Towd Point Mortgage Trust,.. Read More;

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Lack of capacity leads to widening mortgage-Treasury spreads

National Mortgage
Mortgage Finance
5 years ago

Capacity constraints among mortgage lenders are leading to wider spreads between mortgages and the 10-year Treasury yield even after it,.. Read More;

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More millennials take advantage of low rates to refi in January

National Mortgage
Mortgage Finance
5 years ago

January's plummeting mortgage rates led to a spike in the share of millennials refinancing their home loans, a trend that,.. Read More;

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Mortgage lending growth stalled in 2019

Mortgage Finance Gazette
Mortgage Finance
5 years ago

2018/2019 Annual change in mortgage statistics Number of house purchase loans 2018 2019 % change    First-time buyers 353,000 351,000 -0.6%    Homemovers 351,000 344,000 -2.0%    Buy-to-let landlords 72,200 69,900 -3.2%    Total 776,200 764,900 -1.5% Number of mortgage refinances,.. Read More;

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ALMIS International appoints Colin Johnson as chief product officer

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Colin, who joins from Charter Court Financial Services where he was head of prudential risk, brings extensive ALM experience, especially in,.. Read More;

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Dollar volume of financed flip purchases hits 14-year high

National Mortgage
Mortgage Finance
5 years ago

The dollar amount of fix-and-flip properties purchased using financing reached a 13-year high in 2019, but the share of flips,.. Read More;

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Reverse-mortgage endorsements falter, but remain above year-ago average

National Mortgage
Mortgage Finance
5 years ago

Endorsements of Home Equity Conversion Mortgages fell nearly 14% on a consecutive-month basis in February after a January surge, but,.. Read More;

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Adrian Moloney and Roger Morris take on group roles at OneSavings Bank

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Adrian Moloney is now group sales director and will be responsible for the field and telephony based sales team across,.. Read More;

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Texas housing market broke records in 2019 for fifth year in a row

National Mortgage
Mortgage Finance
5 years ago

For the fifth consecutive year, the Texas housing market broke records in terms of the number of homes sold and,.. Read More;

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Mortgage rates hit all-time low following Fed action

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates hit their lowest point since Freddie Mac began tracking this data in 1971, as the 10-year Treasury yield,.. Read More;

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