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Refis bolstered Flagstar as it grappled with coronavirus impact

National Mortgage
Mortgage Finance
6 years ago

Strong refinance volume drove a 75% year-over-year increase in mortgage banking revenue during the first quarter at Flagstar Bancorp, offsetting,.. Read More;

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Cost of GSEs' mortgage market support may be too steep for lenders

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — Lenders welcomed the Federal Housing Finance Agency's recent announcement that Fannie Mae and Freddie Mac can buy loans,.. Read More;

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Waiting for loan modifications is 'like watching a tsunami build'

National Mortgage
Mortgage Finance
6 years ago

While servicers have been focused on handling a wave of coronavirus-related forbearance requests, another aspect of the crisis is on,.. Read More;

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Manhattan homebuyers rewriting the rules on deals in virus era

National Mortgage
Mortgage Finance
6 years ago

Manhattan homebuyers were already calling the shots in deals before the coronavirus hit. Now they're more in control than ever.Some,.. Read More;

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COVID-19 takes a toll on Albany-area real estate

National Mortgage
Mortgage Finance
6 years ago

Not being able to leave home has slowed the sale of homes.The Greater Capital Association of Realtors released market numbers,.. Read More;

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Dallas home prices were rising at lower rate before pandemic

National Mortgage
Mortgage Finance
6 years ago

Dallas-area home prices were up just 2.5% in the latest national comparison.But the small year-over-year increase came in February before,.. Read More;

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Coronavirus unevenly threatens housing for people of color: report

National Mortgage
Mortgage Finance
6 years ago

Mass layoffs and furloughs due to COVID-19 disproportionately affected Asian, black and Latino workers, and, in turn, will impact their,.. Read More;

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How the coronavirus is changing the HELOC lending market

National Mortgage
Mortgage Finance
6 years ago

Banks have not been in a rush, thus far, to follow in JPMorgan Chase's footsteps when it comes to putting,.. Read More;

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Zoopla: 373,000 property purchases worth

Mortgage Finance Gazette
Mortgage Finance
6 years ago

According to the latest UK Cities House Price Index by Zoopla, the majority of the sales were agreed between November,.. Read More;

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Moody's mulling junior-note downgrades on 12 Redwood prime jumbo MBS deals

National Mortgage
Mortgage Finance
6 years ago

Concerned about rising mortgage defaults due to the coronavirus pandemic, Moody’s Investors Service on Monday said it might look to,.. Read More;

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Sea rise won't sink all of Florida's real estate market, experts say

National Mortgage
Mortgage Finance
6 years ago

Florida's first-ever — and short-lived — climate change czar set a clear priority for the state: Protect the real estate,.. Read More;

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Homes are now more affordable but can buyers take advantage?

National Mortgage
Mortgage Finance
6 years ago

Consumers' ability to afford a home purchase increased in February and that "affordability" should continue going forward — but many,.. Read More;

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