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New American Funding cuts 240 in another layoff round

National Mortgage
Mortgage Finance
3 years ago

New American Funding laid off another 240 employees this month, it confirmed, bringing its total to 941 terminated workers in,.. Read More;

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Mortgage delinquencies fall to record low in 3Q

National Mortgage
Mortgage Finance
3 years ago

The current U.S. economic turmoil has yet to affect mortgage loan delinquencies in the third quarter as the overall rate,.. Read More;

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Mortgage rates are above 7%, but for how long?

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates continued to whipsaw, as a 13 basis point increase pushed the average back above 7%, Freddie Mac said.,.. Read More;

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Redfin cuts 13% of staff, shuts down home-flipping business

National Mortgage
Mortgage Finance
3 years ago

Redfin Corp. is shuttering its iBuying business and laying off workers for the second time in almost five months, as,.. Read More;

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Missed Mortgage Payments - GLM Mortgage Group

GLM Mortgage Group
Mortgage Finance
3 years ago

So What Happens if I Miss a Mortgage Payment?,.. Read More;

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The Mortgage Works cuts rates for landlords by up to 95bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Nationwide-owned specialist lender says new BTL rates include:   A one-year fixed-rate offer at 3.99% with a 2% fee, available up,.. Read More;

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Bluestone Mortgages reduces resi rates by up to 80bps for underservedborrowers

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The specialist lender says the range is aimed at “a growing number of customers who do not fit a ‘vanilla’,.. Read More;

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Rocket returns to top of customer satisfaction survey

National Mortgage
Mortgage Finance
3 years ago

Rocket Mortgage regained the top spot among mortgage originators for customer satisfaction, but this year's scores, especially at the top,.. Read More;

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Landlord repossessions hit all-time high in Q3: Ministry of Justice

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Its data monitors claims, orders, warrants and repossessions by country court bailiffs, which are all steps in the process that,.. Read More;

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Second charge lending rises September, FLA says

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In total, £145m of lending was carried out across 3,138 new agreements – itself a 29% rise compared to the,.. Read More;

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Homeowner arrears numbers stable but possessions rise

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In total, there were 74,440 homeowner mortgages in arrears of 2.5% or more at last count. And of these, 28,910 were,.. Read More;

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UTB Mortgages for Intermediaries extends online Dips to BTL range

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The bank’s broker-only arm says until recently, the majority of its BTL applications were referred for a manual underwriting review,,.. Read More;

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