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Berkshire in-house servicing pivot escalates retention threat

National Mortgage
Mortgage Finance
2 months ago

HomeServices of America's mortgage unit, Prosperity Home Mortgage, is expanding into loan servicing, a strategic move by the Berkshire Hathaway,.. Read More;

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Non-QM RMBS reaches $78B despite rising impairments

National Mortgage
Mortgage Finance
2 months ago

Non-QM securitizations hit $78B as lenders ease guidelines to capture unserved borrower demand, even as total impairments rise for the,.. Read More;

post

PCE inflation remains sticky as Fed weighs next move

National Mortgage
Mortgage Finance
2 months ago

Key takeaway: The personal consumption expenditure index, the Federal Reserve's preferred measure of inflation, increased to 3.7% in July.Supporting data:,.. Read More;

post

ICE Mortgage will not charge for transitional SDK access

National Mortgage
Mortgage Finance
2 months ago

ICE Mortgage Technology will not be charging for access for software developer kit to Encompass after the Dec. 31 sunset,.. Read More;

post

Standardized tech could cut $200M in mortgage trade costs

National Mortgage
Mortgage Finance
2 months ago

Now that use of artificial intelligence is closer to critical mass, industry collaboration could help remove considerable costs related to,.. Read More;

post

Better board battles Garg in court over governance shift

National Mortgage
Mortgage Finance
2 months ago

Vishal Garg and Better Home & Finance will square off before a federal judge as the sides' boardroom battle reaches,.. Read More;

post

Regional bank weighed down by CRE loans goes back on offense

National Mortgage
Mortgage Finance
2 months ago

Key insight: By announcing plans to acquire Providence Financial, Valley National Bancorp is pivoting toward growth. Earlier it was focused,.. Read More;

post

Small builders' rising costs pressure future home prices

National Mortgage
Mortgage Finance
2 months ago

A majority of homebuilders are reporting a rise in material costs this summer, with smaller businesses likely to feel the,.. Read More;

post

Federal agencies reverse Biden-era credit guidance

National Mortgage
Mortgage Finance
2 months ago

Key takeaway: Federal agencies rolled back Biden-era guidance Monday that encouraged creditors to offer special purpose credit programs to underserved,.. Read More;

post

Carrington expands non-QM guidelines, citing sector growth

National Mortgage
Mortgage Finance
2 months ago

Carrington Mortgage Services is expanding the underwriting criteria for its Flexible Advantage non-qualified mortgage offerings, including lower the qualifying credit,.. Read More;

post

July delinquencies drop as ICE notes FHA performance pivot

National Mortgage
Mortgage Finance
2 months ago

Mortgage performance continues to improve in the third quarter, as delinquencies declined across all stages in July, a new industry,.. Read More;

post

Better battle escalates as board seeks to block Garg return

National Mortgage
Mortgage Finance
2 months ago

The mounting war of words between Better's board of directors and its former CEO is escalating, as the former goes,.. Read More;

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