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Five Thoughts on Last Week's Mortgage-Related News | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

Last week we received the April employment data on both sides of the 49th parallel, and the US Federal Reserve,.. Read More;

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Use of 'Bank of Mum and Dad' doubles since 90s, YouGov poll finds

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The YouGov survey, which took place between 2 and 25 March and surveyed 2,988 people, found that the number of,.. Read More;

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Credit washing creeps into the mortgage space

National Mortgage
Mortgage Finance
3 years ago

Credit repair companies had been a particular focus over the past year for Frank McKenna, the chief strategist at Point,.. Read More;

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Price for average two-year fix hits seven-year high, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is the highest rate for this product type Moneyfacts has recorded since March 2015, when the average two-year fix,.. Read More;

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Fed: falling market confidence, profitability among top risks for banks

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — Key indicators of the banking industry’s health fell to their lowest levels in more than a year during,.. Read More;

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CFPB reiterates skepticism of AI in fair lending report

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau reiterated its skepticism of machine learning and predictive analytics in a fair lending report issued,.. Read More;

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Guilds profit grows from servicing, purchase focus

National Mortgage
Mortgage Finance
3 years ago

Guild Mortgage’s servicing numbers and concentration on purchases led the company to a nearly fourfold first-quarter income gain, but company,.. Read More;

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FHA makes a change for certain post-foreclosure sales

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration on Thursday added a 30-day buyer preference for certain home sales from its default inventory, and,.. Read More;

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PennyMac Financial's 1Q profits driven by servicing

National Mortgage
Mortgage Finance
3 years ago

PennyMac Financial Services' first quarter net income was flat compared with the prior three month period, but on an earnings,.. Read More;

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Mortgage jobs post first two-month decline since 2019

National Mortgage
Mortgage Finance
3 years ago

Jobs at non-depositories active in housing finance in March declined for two months in a row for the first time,.. Read More;

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Zillow tumbles as rising rates weigh on housing market outlook

National Mortgage
Mortgage Finance
3 years ago

Zillow Group Inc. fell as much as 13% in late trading Tuesday after an underwhelming outlook stoked investor fears that,.. Read More;

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UK suffers fall in new construction orders

Mortgage Finance Gazette
Mortgage Finance
3 years ago

At 58.2, down from 59.1 in March, the S&P Global/CIPS UK Construction Purchasing Managers’ Index – which measures month-on-month changes,.. Read More;

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