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CFPB finalizes new underwriting rules, Supreme Court hints a FHFA ruling, Mr. Cooper settles servicing case and more of the week's top news

National Mortgage
Mortgage Finance
5 years ago

Also: credit availability expands, mortgage apps slide and Nexsys Technologies releases home insurance verification tool Rocket Mortgage uses.,.. Read More;

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CMBS 3Q delinquency rates decline from record-high level

National Mortgage
Mortgage Finance
5 years ago

Commercial mortgage-backed securities lenders were the only investor type to show a decline in delinquencies between the second and third,.. Read More;

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People on the move: Dec. 11

National Mortgage
Mortgage Finance
5 years ago

CaliforniaSan DiegoGrind Analytics said that Brian Benson has joined its executive team as chief operations officer. ,.. Read More;

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Equity release referrals keeping flowing despite Covid

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This is the verdict of Key Partnerships which revealed, before the pandemic hit at the start of the year, 2020,.. Read More;

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Remarkable turnaround as moving takes priority over remortgaging

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This is according to a recent survey by online mortgage broker, Trussle, which has discovered 56% were moving to a,.. Read More;

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Principality launches exclusive range of mortgages for NHS staff

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The mortgages, which are exclusive to those employed by the NHS, have the benefit of an increased loan-to-income ratio of,.. Read More;

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Biden win gives Maxine Waters a power boost

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — House Financial Services Committee Chairwoman Maxine Waters is preparing to have a louder megaphone when President-elect Joe Biden,.. Read More;

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Cash-out refinance activity could spike in 2021: Transunion

National Mortgage
Mortgage Finance
5 years ago

With multiple vaccines on the way, many expect that the pandemic's grip on the world will loosen in the coming,.. Read More;

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Foreclosures drop 14% month-over-month in November

National Mortgage
Mortgage Finance
5 years ago

After a 20% monthly jump in October, mortgage foreclosures dropped 14% in November and 80% from the year before, according,.. Read More;

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Ag lenders fear reduced government aid for farmers in 2021

National Mortgage
Mortgage Finance
5 years ago

Lenders are meeting with farmers this month — often over Zoom — about refinancing their debts ahead of a spring,.. Read More;

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Americans gain $1 trillion in home equity in 3Q

National Mortgage
Mortgage Finance
5 years ago

In the third quarter, Americans collectively added over $1 trillion in home equity on a year-over-year basis and the average,.. Read More;

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CFPB finalizes overhaul of mortgage underwriting rules

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau on Thursday issued two final rules revising the definition of “qualified mortgages” that the bureau,.. Read More;

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