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The problem with Ginnie Mae's new restrictions

National Mortgage
Mortgage Finance
6 years ago

Just before the July 4 holiday began, Ginnie Mae issued new guidelines on early buyouts of reperforming loans. The term,.. Read More;

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Home prices rose in April despite record unemployment

National Mortgage
Mortgage Finance
6 years ago

Home prices rose in April despite record unemployment and widespread shut downs, according to the S&P CoreLogic Case-Shiller Index.The index,.. Read More;

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Mortgage applications drop for second straight week as demand wanes

National Mortgage
Mortgage Finance
6 years ago

Mortgage application volume was down for the second consecutive week, this time by 1.8%, as a new record low for,.. Read More;

post

Loan eligibility and forbearance options lead lender concerns: Survey

National Mortgage
Mortgage Finance
6 years ago

After a few months of conducting business in a pandemic, lenders and servicers now have a sharper view of the,.. Read More;

post

San Diego home prices keep rising, outpacing other California cities

National Mortgage
Mortgage Finance
6 years ago

San Diego home prices continued to increase into COVID-19's second month and grew at a quicker pace than other California,.. Read More;

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Our Rapid Re-mortgage Service is part of an unfolding story

Mortgage Finance Gazette
Mortgage Finance
6 years ago

A few weeks ago, we extended our exclusive rapid re-mortgage conveyancing proposition with Openwork to the broader market. The results,.. Read More;

post

New equity release guidelines include support for vulnerable customers

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Adviser members must now complete an extended checklist, which has been increased from 12 to 24 points. The update comes just,.. Read More;

post

Foundation Home Loans changes criteria to support more complex cases

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The intermediary-only specialist lender said this would include self-employed and employed clients who didn’t fit the mainstream, who had unusual,.. Read More;

post

House prices experience first annual slump in eight years

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Month-on-month there was a 1.4% fall in house prices in June, which comes following May’s 1.7% decrease. And, Nationwide’s latest House,.. Read More;

post

Dodd-Frank has softened blow of pandemic, its authors say

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — The economic toll from the coronavirus pandemic has been mitigated by reforms enacted in the 2010 Dodd-Frank Act,,.. Read More;

post

Waterstone Mortgage again looking for a CEO

National Mortgage
Mortgage Finance
6 years ago

Andy Peach is resigning as the president and CEO of Waterstone Mortgage, effective July 31, after less than a year,.. Read More;

post

GSEs extend coronavirus forbearance for multifamily mortgages, renters

National Mortgage
Mortgage Finance
6 years ago

Fannie Mae and Freddie Mac's regulator is allowing multifamily borrowers to extend coronavirus-related forbearance agreements on loans another three months,.. Read More;

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