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Not a lot of momentum to reform outdated flood insurance program

National Mortgage
Mortgage Finance
3 years ago

After five years of stopgap extensions, there is bipartisan support for a long-term overhaul of the National Flood Insurance Program,.. Read More;

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FHFA Chief Sandra Thompson confirmed by narrow margin

National Mortgage
Mortgage Finance
3 years ago

The Biden administration’s nominee to head the Federal Housing Finance Agency, Sandra Thompson, was confirmed by a 49 to 46,.. Read More;

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Homepoint adds jumbo ARM to meet demand

National Mortgage
Mortgage Finance
3 years ago

Homepoint is adding a jumbo adjustable-rate mortgage product to its wholesale menu as demand for these loans increases amid higher,.. Read More;

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Feds balance-sheet unwind puts treasuries on uncertain path

National Mortgage
Mortgage Finance
3 years ago

The Treasuries market is girding for potential disruptions from the next and trickiest stage of policy makers’ tightening campaign: the,.. Read More;

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Mortgage volumes edge downward as high rates dry up refinances

National Mortgage
Mortgage Finance
3 years ago

Mortgage activity inched downward for a second straight week, as purchases came in flat while refinances continued their decline. The Mortgage,.. Read More;

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more2life adds new manufacturing and adviser propositions director

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Pick brings with him 25 years of industry experience working for companies including Aviva, Equity Release Supermarket, LV=. Most recently, he,.. Read More;

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TDS adds Propertymarks Emerson to its board

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Emerson will replace Mark Hayward who has now retired.  In his new appointment, Emerson will continue to ensure that Propertymark members’,.. Read More;

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Value of equity release hit new record in Q1 rising 30.5%: Key Later Life

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data showed that plan sales surged by 21.4% in Q1 2022 to 12,551 compared with last year while the,.. Read More;

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Lending from building societies flat at start of 2022, reports BSA

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This compares to £18bn in lending Q1 2021 and, on a quarterly basis, is 11.7% higher than the £16.1bn of,.. Read More;

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CFPB scraps fintech sandbox program with changes to innovation office

National Mortgage
Mortgage Finance
3 years ago

Consumer Financial Protection Bureau Director Rohit Chopra has scrapped a fintech sandbox program that issued “no-action” letters to startup companies,,.. Read More;

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Mortgage servicer sued by borrowers over data breach

National Mortgage
Mortgage Finance
3 years ago

Another mortgage servicer is facing multiple federal class action lawsuits over a large data breach it suffered last year.Plaintiffs in,.. Read More;

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Compliance on MERS rules impaired by high volume, low staff

National Mortgage
Mortgage Finance
3 years ago

High volumes combined with a lack of staff resulted in an increase in problematic quality assurance findings in 2021 MERS,.. Read More;

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