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People on the move: June 5

National Mortgage
Mortgage Finance
5 years ago

CaliforniaLaguna HillsBlackFin Group has hired Mark Dangelo to serve as chief innovation consultant. ,.. Read More;

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Home sales spike in Houston for first time since pandemic began

National Mortgage
Mortgage Finance
5 years ago

Houston-area home closings surged last week for the first time since the start of the coronavirus pandemic.Buyers closed on 2,401,.. Read More;

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Virginia's housing market more resilient than rest of nation

National Mortgage
Mortgage Finance
5 years ago

Virginia's housing market has demonstrated greater resiliency than many housing markets across the country even though home sales have slowed,.. Read More;

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How can lenders adapt to cope with increased arrears demand from the Covid-19 crisis?

Mortgage Finance Gazette
Mortgage Finance
5 years ago

We have seen unprecedented levels of business and personal financial support made available in recent weeks. Responding to the Covid-19,.. Read More;

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States try to help borrowers left out of federal forbearance plans

National Mortgage
Mortgage Finance
5 years ago

One criticism of a federal law granting forbearance to homeowners affected by the coronavirus pandemic was it only applied to,.. Read More;

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Australia to bolster housing sector with A$688 million stimulus

National Mortgage
Mortgage Finance
5 years ago

Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit,.. Read More;

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FHA to insure new single-family loans subject to forbearance plans

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Administration will temporarily provide backing for new single-family loans that have already entered into forbearance,.. Read More;

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Independent mortgage banks turn high profits, head into uncertain time

National Mortgage
Mortgage Finance
5 years ago

Independent mortgage banks and mortgage subsidiaries of chartered banks posted net gains over $1,000 per loan for the fourth straight,.. Read More;

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San Diego County sees homebuilding increase to start the year

National Mortgage
Mortgage Finance
5 years ago

Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.While a,.. Read More;

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Impac resumes mortgage originations, but not any non-QM products

National Mortgage
Mortgage Finance
5 years ago

Impac Mortgage Holdings has resumed originating mortgages, but at this point will not be offering the non-qualified loan products it,.. Read More;

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CFPB proposes rule to facilitate Libor transition for creditors

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON—The Consumer Financial Protection Bureau has proposed an amendment to Truth in Lending Act regulations to address the sunset of,.. Read More;

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Mortgage rates rise on favorable economic news

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates increased slightly this week as indicators point to an economic revival, including increased home sales activity, according to,.. Read More;

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