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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;

post

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;

post

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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Cambridge & Counties Bank appoints Newberry as chairman

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Newberry replaces Simon Moore, who retired from the bank after serving 10 years as a board member.  He joined Cambridge &,.. Read More;

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Properties in a chain isolated from rest of market: MPowered Mortgages

Mortgage Finance Gazette
Mortgage Finance
3 years ago

On top of this, “buyers who are in a chain can expect to pay more to land their ideal property”,,.. Read More;

post

House prices dip 0.4% in October after mini-budget fallout: Halifax

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Last month’s fall was the third in the past four months, topping September’s 0.1% monthly downturn, and lowering the annual,.. Read More;

post

The Fed Hiked and Financial Markets Shuddered | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

Last week was an eventful one for anyone keeping an eye on Canadian mortgage rates. The US Federal Reserve announced another,.. Read More;

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