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UK faces recession as GSP shrinks 0.2%, ONS data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is what the latest figures from the Office for National Statistics (ONS) reveal. Compared with Q3 2021, the implied GDP deflator rose,.. Read More;

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Second charge lending falls 6.4% to

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Despite the “turmoil that has followed the government’s mini-budget”, last month’s data shows 36% year-on-year growth and is the equal,.. Read More;

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Angel Oak Home Loans sells retail division

National Mortgage
Mortgage Finance
3 years ago

Angel Oak Home Loans is selling off a key part of its business, the company said Thursday. In a press statement,,.. Read More;

post

Monthly construction output increases 0.4% in September: ONS

Mortgage Finance Gazette
Mortgage Finance
3 years ago

September shows the highest level of construction output since records began in January 2010 with figures totalling £15.12bn This is the,.. Read More;

post

Missed Mortgage Payments

GLM Mortgage Group
Mortgage Finance
3 years ago

So What Happens if I Miss a Mortgage Payment?That is a great question. Let’s examine that in today’s blog.Since interest,.. Read More;

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Home Point Capital takes 3Q loss, nearly completes Ginnie Mae MSR exit

National Mortgage
Mortgage Finance
3 years ago

Home Point Capital recorded another loss in the third quarter, but executives said it's making progress in rightsizing its lending,.. Read More;

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GSEs lower their multifamily lending caps for 2023

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency on Thursday announced it'll lower the multifamily lending caps for each of the two government-sponsored,.. Read More;

post

Home price growth is now below 10%

National Mortgage
Mortgage Finance
3 years ago

Annual home price growth decelerated to under 10% in the third quarter, as surging mortgage rates diminished demand, according to,.. Read More;

post

MeridianLink buys OpenClose for $65 million in bid to reach more banks

National Mortgage
Mortgage Finance
3 years ago

MeridianLink reported in an earnings call this week that it bought mortgage technology platform OpenClose for $65 million.The acquiring company,,.. Read More;

post

Fed officials see grounds for soon slowing rate-hike pace

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve appeared closer to moderating aggressive interest rate increases after welcome news on inflation, with three officials backing,.. Read More;

post

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;

post

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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