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Fannie Mae reports drop in earnings as it keeps markets afloat

National Mortgage
Mortgage Finance
6 years ago

Fannie Mae, like its smaller counterpart, eked out a reduced quarterly profit as it pivoted to address the coronavirus' disruptive,.. Read More;

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Consumer loan applications dropped as coronavirus spread, CFPB says

National Mortgage
Mortgage Finance
6 years ago

Consumer credit inquiries for auto loans, revolving credit cards and mortgages dropped sharply in March as unemployment surged, the Consumer,.. Read More;

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Home listing volume drastically down from seasonal average: Report

National Mortgage
Mortgage Finance
6 years ago

As the coronavirus takes a major toll on housing inventory and credit availability, pent-up buyer demand could help the market,.. Read More;

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FHLB of San Francisco offers aid for banks fighting pandemic strains

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — The Federal Home Loan Bank of San Francisco announced $10.7 billion in resources for its member financial institutions,.. Read More;

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CoreLogic has its best first-quarter results ever

National Mortgage
Mortgage Finance
6 years ago

The transformation into an appraisal management company paid off for CoreLogic, which reported its best first-quarter results ever, President and,.. Read More;

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Economy may be ailing, but Twin Cities homebuilders keep humming along

National Mortgage
Mortgage Finance
6 years ago

Homebuilders in the Twin Cities ramped up production last month, despite a barrage of challenges including growing economic uncertainties and,.. Read More;

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Homeowners seeking mortgage payment relief pass 3.8 million

National Mortgage
Mortgage Finance
6 years ago

About 7.3% of U.S. mortgages entered forbearance plans in April, providing temporary relief to more than 3.8 million borrowers who,.. Read More;

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People on the move: May 1

National Mortgage
Mortgage Finance
6 years ago

CaliforniaSan FranciscoRoostify has appointed David Lowman to its board of directors. He brings 40 years of national and international finance,.. Read More;

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Missoula housing prices see largest annual jump of last decade

National Mortgage
Mortgage Finance
6 years ago

Housing prices in Missoula, Mont., saw their largest one-year increase of the last decade, an 8.6% jump, due mainly to,.. Read More;

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Wells Fargo stops accepting home equity credit line applications

National Mortgage
Mortgage Finance
6 years ago

Wells Fargo & Co. will temporarily stop accepting applications for home equity lines of credit, following a similar move by,.. Read More;

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CMBS delinquency rate sees biggest jump in nearly three years

National Mortgage
Mortgage Finance
6 years ago

Delinquencies in U.S. commercial mortgage-backed securities jumped in April, with the economy battered by the coronavirus pandemic.The CMBS delinquency rate,,.. Read More;

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Report: Non-QM borrowers are weathering COVID-19 stresses

National Mortgage
Mortgage Finance
6 years ago

An early look at securitized residential home-loan performance amid the coronavirus pandemic indicates encouraging trends thus far in impairment levels,.. Read More;

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