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Mortgage market upheaval spurs $17 billion in paper losses for banks

National Mortgage
Mortgage Finance
3 years ago

Higher interest rates helped Wells Fargo land more than $3 billion in profit in the third quarter. From a capital,.. Read More;

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Mortgage rates tumble after inflation report

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates fell by almost half a percentage point this week as bond market investors reacted over the past several,.. Read More;

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Mortgage companies eye joint ventures as means to survive tough market

National Mortgage
Mortgage Finance
3 years ago

In a shrinking market, lenders are trying to find avenues to drum up business. There are signs that one such,.. Read More;

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Higher rates send mortgages for new homes plunging in October

National Mortgage
Mortgage Finance
3 years ago

Mortgage applications for newly built single-family homes plummeted in October, corresponding with a year-long slide in homebuilder industry sentiment, as,.. Read More;

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Carrington agrees to settle CFPB charges it mishandled pandemic relief

National Mortgage
Mortgage Finance
3 years ago

Carrington Mortgage has agreed to settle Consumer Financial Protection Bureau allegations that it engaged in improprieties related to the processing,.. Read More;

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Wall Street push against new rules gets boost from GOP House win

National Mortgage
Mortgage Finance
3 years ago

Republican control of the U.S. House of Representatives will help advance financial services firms' priorities, with a wish list that,.. Read More;

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US housing starts drop with pullback in single-family projects

National Mortgage
Mortgage Finance
3 years ago

New U.S. home construction continued to decline in October as builders contend with a sharp retrenchment in housing demand.Residential starts,.. Read More;

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Lenders accused of unethical behavior amid bloodbath of layoffs

National Mortgage
Mortgage Finance
3 years ago

Those left unemployed say lenders have in some cases cut off critical health insurance retroactively or denied severance or an,.. Read More;

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Impac addressing one stock listing violation but it now faces another

National Mortgage
Mortgage Finance
3 years ago

Impac Mortgage Holdings' plan to regain compliance to keep its stock listed was accepted by the NYSE American exchange, but,.. Read More;

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Inside the 2023 playbook for real estate investor financing

National Mortgage
Mortgage Finance
3 years ago

Headwinds that have sent residential lending volumes plunging in 2022 are leaving a mark on the investor real estate market,.. Read More;

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Industry reacts to Autumn Statement

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Delivering the budget, Hunt said that the Office for Budget Responsibility expects housing activity to slow over the next two,.. Read More;

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Autumn Statement: Stamp duty cuts to end in 2025

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Delivering the news during today’s Autumn Budget, Hunt said that the Office for Budget Responsibility expects housing activity to slow,.. Read More;

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