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Reverse mortgages see steep monthly pullback in September

National Mortgage
Mortgage Finance
3 years ago

Endorsements of home-equity conversion mortgages fell to a two-and-a-half year low in September, as lenders cautiously eye competing home-equity products,,.. Read More;

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10 mortgage partnerships formed as lenders brace for tough times

National Mortgage
Mortgage Finance
3 years ago

While intercompany relationships are established in any environment, activity seems to pick up when business declines.,.. Read More;

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LoanDepot has cut its funding capacity by $1 billion

National Mortgage
Mortgage Finance
3 years ago

Mortgage giant loanDepot trimmed its funding capacity for originations by $1 billion in two separate actions in the past two,.. Read More;

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By August 2023 home price growth will slow to 3.2%

National Mortgage
Mortgage Finance
3 years ago

Reduced homebuyer enthusiasm weighed on home prices for the fourth consecutive month, with August home price growth slowing to 13.5%,,.. Read More;

post

Ginnie Mae provides expanded loan buyout authority for disasters

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae on Monday gave its securitization issuers expanded authority to buy out loans from securitized pools affected by Hurricane,.. Read More;

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Florida toll from storm rises

National Mortgage
Mortgage Finance
3 years ago

A destroyed house at San Carlos Island following Hurricane Ian in Fort Myers, Florida, US, on Oct. 2.Eva Marie Uzcategui/Bloomberg,.. Read More;

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Protection Guru appoints Cooke as chief revenue officer to upgrade platform

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The insurance platform says Cooke will work closely with head of research Adam Higgs to boost the adoption of its,.. Read More;

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Rents high and voids low in 'buoyant' prime London market: LCP

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Stemming from a lack of rental stock and high demand for property, the agency says, the average void period in,.. Read More;

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Manhattan's housing market is starting to cool with sales stalling

National Mortgage
Mortgage Finance
3 years ago

The Manhattan skyline from Gantry Plaza State Park in the Long Island City neighborhood in the Queens borough of New,.. Read More;

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Stronger headwinds to hit UK construction industry in Q4: Glenigan

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The index found that the Russia-Ukraine war and resulting materials, energy, and fuel price inflation as well as the introduction,.. Read More;

post

TSB moves resi and FTB stress rates on 'future interest rates' expectations

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The lender says the stress rate for residential movers is now 8%, while the rate for first-time buyers is 7%.,.. Read More;

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Landlords weigh up legal action over Scottish rent freeze

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Cost of Living (Protection of Tenants) bill is being debated in the Scottish Parliament today, after being first announced,.. Read More;

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