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KBW downgrades mortgage insurers, cites possible capital needs in 2021

National Mortgage
Mortgage Finance
6 years ago

Keefe, Bruyette & Woods downgraded its stock ratings for the four stand-alone private mortgage insurers, noting that they could face,.. Read More;

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What happens to struggling homeowners when CARES Act relief ends?

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — Congress tried to address the immediate financial hit of the coronavirus on homeowners when it passed a sweeping,.. Read More;

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Southern California housing jumps up from 'worst' April

National Mortgage
Mortgage Finance
6 years ago

Southern California housing markets are rebounding off what arguably was the worst April in the history books.When coronavirus-related "stay at,.. Read More;

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Mortgage credit availability hits a 6-year low

National Mortgage
Mortgage Finance
6 years ago

Mortgage credit availability has tightened to the lowest level in six years as looming doubts about the strength of a,.. Read More;

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American Dream leaves family behind mall empire mired in debt

National Mortgage
Mortgage Finance
6 years ago

As brick-and-mortar shopping centers steadily lost market share to online competitors, the family behind three of the four biggest malls,.. Read More;

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Multimillion-dollar mortgage fraud alleged in Oklahoma City

National Mortgage
Mortgage Finance
6 years ago

A federal grand jury indicted Ronald J. McCord, 69, of Oklahoma City, on charges of defrauding two banks, Fannie Mae,,.. Read More;

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Post-Covid personal debt tsunami inevitable unless radical relief is given, says StepChange

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The charity warns that coronavirus-related debt will act as a drag on economic recovery and will deluge advice services once,.. Read More;

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Strong mortgage lending in first quarter of the year

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Gross mortgage advances in the first quarter of 2020 totalled £65.8 billion, 3.8% higher than in Q1 2019, the latest,.. Read More;

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New business growth at Brightstar Group

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The Group, which includes Brightstar Financial and Sirius Property Finance, re-opened its offices in Billericay, London and Manchester on 1,.. Read More;

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GSE capital plan would make buying a home more expensive, critics say

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — Housing experts are increasingly concerned that the Federal Housing Finance Agency’s new proposal to require ample amounts of,.. Read More;

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Single-family homes and condo sales on Oahu dropped 51% in May

National Mortgage
Mortgage Finance
6 years ago

Sales of single-family homes and condominiums on Oahu tanked in May as owners and buyers elected to practice social distancing.The,.. Read More;

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The rate of mortgage forbearance growth continues to decline: MBA

National Mortgage
Mortgage Finance
6 years ago

The growth curve of the total mortgages with coronavirus-related forbearance flattened out even more than it has in recent weeks,,.. Read More;

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