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Industry unconvinced by mooted changes to property risk scores: Lenders Live

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Last week, Zoopla’s executive director Richard Donnell said lenders need to innovate to stay ahead by implementing new ideas such,.. Read More;

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Canada Life exits onshore individual protection market

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The financial services giant says the move comes after a review of its onshore individual protection range, adding it will,.. Read More;

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Minority homeownership jumped last year, but challenges lie ahead

National Mortgage
Mortgage Finance
3 years ago

Minority homeownership rates jumped sharply last year as low interest rates combined with stimulus payments and high rental costs spurred,.. Read More;

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NewRez, division of Citizens Bank shed employees

National Mortgage
Mortgage Finance
3 years ago

NewRez, the mortgage origination and servicing business of Rithm Capital, and Franklin American Mortgage, a division of Citizens Bank, conducted,.. Read More;

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GSE shareholders plan to keep pursuing lawsuit after mistrial

National Mortgage
Mortgage Finance
3 years ago

Shareholders that challenged the government-sponsored enterprises' net worth sweep were dealt a setback after a trial in federal court ended,.. Read More;

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Fed gives final blessing to New York Community-Flagstar deal

National Mortgage
Mortgage Finance
3 years ago

New York Community Bancorp on Long Island has received final regulatory approval for its $2.6 billion acquisition of Flagstar Bancorp.The,.. Read More;

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Mortgage borrowers lost a record amount of equity in 3Q

National Mortgage
Mortgage Finance
3 years ago

The home equity buffer that the mortgage industry is counting on to help sustain loan performance experienced a record drop,.. Read More;

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CrossCountry Mortgage lays off 100

National Mortgage
Mortgage Finance
3 years ago

CrossCountry Mortgage is the latest lender to trim its payroll, disclosing layoffs last week.The cuts were revealed in a Colorado,.. Read More;

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Non-QM lender Athas Capital Group announces closure

National Mortgage
Mortgage Finance
3 years ago

Athas Capital Group, a player in the secondary market, announced last week that it will be winding down business, effective,.. Read More;

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GSE loan limits in high-cost areas will exceed $1M in 2023

National Mortgage
Mortgage Finance
3 years ago

The charter acts for Fannie Mae and Freddie Mac establish a procedure whereby the Federal Housing Finance Agency sets maximum,.. Read More;

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Accord Mortgages to reduce residential rates by up to 20bps

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The broker-only lender adds it will reduce selected rates across a number of loan-to-values, starting from 75%, including reductions of up,.. Read More;

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Brokers call for greater government help with

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It finds that 77% of intermediaries support higher green grants, and 70% of these property professionals pointed to tax incentives,,.. Read More;

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