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Home buyer competition toughest at the lower end of a cooling market

National Mortgage
Mortgage Finance
3 years ago

Higher interest rates and decreased affordability have led to a reversal of 2021 housing-market trends, with competition now most elevated,.. Read More;

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U.S. housing starts decline to lowest level since early 2021

National Mortgage
Mortgage Finance
3 years ago

New U.S. home construction fell in July by more than forecast to the slowest pace since early last year as,.. Read More;

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Scottish Building Society appoints Wilson as chair ahead of 175th anniversary

Mortgage Finance Gazette
Mortgage Finance
3 years ago

He replaces Raymond Abbott, subject to regulatory approval, who will retire from the post at this time. Wilson brings a range,.. Read More;

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Bath Building Society partners with Consectus on AI chatbot

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Bea, the society’s electronic assistant, has joined the Society’s team of Intermediary chat Agents and is able to answer questions,.. Read More;

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Fnitech Perenna plots 30-year fixed-rate home loans

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The fintech firm says it has been granted a banking licence with restrictions from the Prudential Regulation Authority and the,.. Read More;

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CDFIs are starting to flex their post-pandemic clout

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON —  The federal government's response to the COVID-19 pandemic catapulted a niche sector of specialized community development lenders to,.. Read More;

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Title company 2Q earnings are a mixed bag

National Mortgage
Mortgage Finance
3 years ago

First American, Old Republic and Stewart did better compared to the first quarter, but all are down year-over-year, and Doma,.. Read More;

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Homebuilder costs edge higher, as industry mood sours

National Mortgage
Mortgage Finance
3 years ago

Rising lumber and concrete prices helped drive an overall uptick in building costs last month according to the National Association,.. Read More;

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Fannie, Freddie and Ginnie forbearances may have 'reached a floor'

National Mortgage
Mortgage Finance
3 years ago

Overall forbearance dropped further in the past month, driven primarily by the ongoing decline in private-market activity, according to the,.. Read More;

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Voxtur to buy Blue Water Financial Technologies for $101 million

National Mortgage
Mortgage Finance
3 years ago

The real estate technology company Voxtur Analytics Corp. on Monday announced that it has agreed to buy servicing and loan,.. Read More;

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U.S. homebuilder confidence hits worst slump since 2007 collapse

National Mortgage
Mortgage Finance
3 years ago

A contractor works on the roof of a home under construction in Tucson, Arizona.Rebecca Noble/Bloomberg A gauge of,.. Read More;

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Washington is the problem in mortgage finance

National Mortgage
Mortgage Finance
3 years ago

It's August and that means that silly and inexplicable things can happen in Washington, D.C. Last year around this time,,.. Read More;

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