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Here are the U.S. cities with the biggest share of mortgage-free homes

National Mortgage
Mortgage Finance
3 years ago

More than 30 million homes in the U.S. are mortgage-free, with Florida — which has the highest proportion of retirees,.. Read More;

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Who will buy MSRs if Ginnie Mae's new rule prompts exits?

National Mortgage
Mortgage Finance
3 years ago

At an industry conference on Monday, experts wondered who may replace any departing buyers of mortgage servicing rights after Ginnie,.. Read More;

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Mortgage rate lock volume hits lowest level in 3 years

National Mortgage
Mortgage Finance
3 years ago

Mortgage rate lock activity was at its lowest level in over three years in October, led by consumers continuing to,.. Read More;

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For the Fed, less bad news is good news

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — After a year of scrutiny and criticism, the Federal Reserve had a good week — or, at least,,.. Read More;

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Reform the CRA? Maybe just enforce it, first.

National Mortgage
Mortgage Finance
3 years ago

I'm the first leader of the nearly 50-year-old economic equity and anti-redlining advocacy organization Woodstock Institute to come to that,.. Read More;

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5 home equity product related developments in the mortgage industry

National Mortgage
Mortgage Finance
3 years ago

Many lenders have launched home equity products to make up for declines in other loan types. At the same time,,.. Read More;

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The Vernon launches Head Start mortgages for FTBs

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Head Start Mortgage offering sees a joint-borrower, sole proprietor mortgage combined with a guarantor product. Effectively, it allows one or,.. Read More;

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A fifth of homebuyers report dissatisfaction with conveyancer

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Additionally, 26% of people asked said they were “unsatisfied” with their conveyancing experience. The main reason for this was the cost,.. Read More;

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UK home registrations increased 33% in Q3: NHBC

Mortgage Finance Gazette
Mortgage Finance
3 years ago

A total of 44,729 new homes were registered to be built in Q3 this year compared to 33,603 in the,.. Read More;

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Housing market returns to normal with November price drop

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This, says the firm, means the housing market has returned to normal, with a 1.1% November drop being in line,.. Read More;

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Champagne Corks Pop in Response to Latest US Inflation Data | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

Last week we learned that US inflation slowed by more than expected in October. The headline US Consumer Price Index (CPI),.. Read More;

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Tips for Adapting your AML solution to Emerging Risks

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Don’t let your AML solution stagnate as changes occur around you Adjust your business-as-usual process to cover the identification of emerging,.. Read More;

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