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Banking leaders hope First Republic deal ends seven-week crisis

National Mortgage
Mortgage Finance
2 years ago

The demise of Silicon Valley Bank on March 10 was followed by the collapse of Signature Bank on March 12.,.. Read More;

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IMBs fail to include race data in HMDA reporting more often than banks and credit unions: analysis

National Mortgage
Mortgage Finance
2 years ago

Independent mortgage banks have been inconsistent in reporting race information when filing Home Mortgage Disclosure Act data, an analysis by,.. Read More;

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Redwood Trust sees opportunities emerge from banking troubles

National Mortgage
Mortgage Finance
2 years ago

Redwood Trust expects its residential mortgage business operations to see long-term benefits resulting from ongoing troubles at regional banks once,.. Read More;

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Should Canadians Reconsider a Variable-Rate Mortgage? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
2 years ago

Last week Statistics Canada confirmed that our GDP increased by 0.1% in February on a month-over-month basis (MoM). The result was,.. Read More;

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JPMorgan Chase, FDIC put an end to First Republic's slow bleed

National Mortgage
Mortgage Finance
2 years ago

First Republic's deposits plunged 40.8% between the end of last year and March 31 — and were down by more,.. Read More;

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Mortgage M&A activity in 2022 and 2023: a list

National Mortgage
Mortgage Finance
2 years ago

As mortgage originations have declined, those looking to cash in their chips and get out of the game are helping,.. Read More;

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Bond traders are less gung-ho for Fed cuts than pricing suggests

National Mortgage
Mortgage Finance
2 years ago

For months on end, it has seemed like Wall Street is playing chicken with the Federal Reserve. Policymakers keep insisting,.. Read More;

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New York Community warns deposit runoff may not be done

National Mortgage
Mortgage Finance
2 years ago

The runoff of some of the deposits that New York Community Bancorp acquired last month when it scooped up a,.. Read More;

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Pennymac unit grows profits on servicing, targets TPO growth

National Mortgage
Mortgage Finance
2 years ago

The lending and servicing arm of Pennymac made short-term progress in its bid for market share in both business lines,.. Read More;

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New York looks to strengthen deed theft laws

National Mortgage
Mortgage Finance
2 years ago

Members of the New York State Legislature introduced two bills looking to strengthen existing legal protections against deed theft."Victims of,.. Read More;

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Bills seek to roll back recent change to mortgage pricing

National Mortgage
Mortgage Finance
2 years ago

Two Republican members of Congress have introduced bills aimed at canceling the Federal Housing Finance Agency's latest adjustments to government-sponsored,.. Read More;

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FHLB loans rose to record $1 trillion during banking crisis

National Mortgage
Mortgage Finance
2 years ago

Outstanding loans by Federal Home Loan Banks to financial institutions surged to a record $1 trillion during March's banking crisis,,.. Read More;

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