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July sees net mortgage lending fall slightly, BoE figures show

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is still above the pre-pandemic average of £4.3bn in the year to February 2020, however, and the data also,.. Read More;

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Better.com's SPAC merger in jeopardy, companies admit

National Mortgage
Mortgage Finance
3 years ago

Better.com's efforts to go public are in dire straits, according to new financial disclosures. The embattled lender and special purpose acquisition,.. Read More;

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Home price moderation doesn't hit all markets equally

National Mortgage
Mortgage Finance
3 years ago

After peaking earlier this year, U.S. home-price growth has been showing noticeable signs of deceleration, but the extent of it,.. Read More;

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Rocket Cos. offers more voluntary buyouts to employees

National Mortgage
Mortgage Finance
3 years ago

Rocket Cos. is offering more voluntary buyouts to employees following a tremendous decline in profit in the second quarter.The company,.. Read More;

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Ginnie Mae's total e-note usage tops $11 billion

National Mortgage
Mortgage Finance
3 years ago

The latest phase of Ginnie Mae's electronic promissory-note program, which added some new flexibilities for modifications and certain service members',.. Read More;

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As Fed goes full steam ahead on higher interest rates, banks brace for new normal

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve's target federal funds rate is as high as it has been in a decade and is unlikely,.. Read More;

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ARM borrowers today more financially fit than average buyer: Zillow

National Mortgage
Mortgage Finance
3 years ago

While this year's increase in adjustable-rate mortgage volumes may bring up associations with the subprime mortgage crisis, don't expect the,.. Read More;

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Why the Bank of Canada and the Bond Market Are Both Half Right (and Half Wrong) | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

  Our bond markets and our central banks are not on the same page right now. Both the US Federal Reserve (the,.. Read More;

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Stress Free Switches & Renewals

GLM Mortgage Group
Mortgage Finance
3 years ago

Stress Free Switch/RenewalOvertime, the mortgage switch/renewal market is much larger, and lower stress, than the purchase market. There’s no pressure,,.. Read More;

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CHLA asks for changes to repooling procedures for modified FHA loans

National Mortgage
Mortgage Finance
3 years ago

The Community Home Lenders Association this week called for changes to be made surrounding loss mitigation procedures for defaulted borrowers,.. Read More;

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Lenders must choose whether to stay in the fight: Stratmor

National Mortgage
Mortgage Finance
3 years ago

Mortgage companies active in production have some tough decisions to make about their businesses following what was a tough second,.. Read More;

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Rising Interest Rates

GLM Mortgage Group
Mortgage Finance
3 years ago

In recent weeks the fears of rising interest rates and a dooming recession being upon us is something that is,.. Read More;

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