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Comp selection is at the heart of appraisal bias, advocacy groups claim

National Mortgage
Mortgage Finance
3 years ago

When it comes to home valuation it's all about the comps — sales of comparable properties used by appraisers to,.. Read More;

post

Better hands out pink slips to over 70 employees

National Mortgage
Mortgage Finance
3 years ago

Last week, numerous lenders announced layoffs. Better.com joins the mounting list, with the New York-based company shedding over 70 positions,,.. Read More;

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Yellen says don't read too much into cooling CPI data

National Mortgage
Mortgage Finance
3 years ago

Treasury Secretary Janet Yellen called October's positive inflation report in the U.S. "a good reading," but cautioned against relying too,.. Read More;

post

Movement Mortgage agrees to acquire New England-based Mortgage Network

National Mortgage
Mortgage Finance
3 years ago

National retail lender and servicer Movement Mortgage has reached an agreement to purchase New England-based Mortgage Network.  With this deal, Movement,.. Read More;

post

Impac reduces headcount, reports negative margins in 3Q

National Mortgage
Mortgage Finance
3 years ago

The "risk off" posture that Impac Mortgage Holdings adopted approximately a year ago — in which it elected to sacrifice,.. Read More;

post

Lower MSR valuations equals higher consumer borrowing costs

National Mortgage
Mortgage Finance
3 years ago

Next week, we shall join a number of industry professionals at the 8th annual IMN MSR East conference in Lower,.. Read More;

post

Wall Street banks are exploring sales of office loans in the U.S.

National Mortgage
Mortgage Finance
3 years ago

Some of the biggest lenders to U.S. offices are weighing sales of loans on the properties as regulators heighten scrutiny,.. Read More;

post

Blog: Time is now to ensure customers enjoy a better 2023

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Yet as I write this, we are only nine weeks away from Christmas, bringing with it not only the welcome,.. Read More;

post

Average rates across all fixes drop, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

For a two-year fix, the average rate dropped 12 basis points, to 6.33% and, for a three-year fix, the average,.. Read More;

post

YBS Commercial appoints Wales and South West relationship director

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Wraith joins YBS after working for 25 years in the banking and finance industry. He has gained experience in real,.. Read More;

post

UK faces recession as GSP shrinks 0.2%, ONS data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is what the latest figures from the Office for National Statistics (ONS) reveal. Compared with Q3 2021, the implied GDP deflator rose,.. Read More;

post

Second charge lending falls 6.4% to

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Despite the “turmoil that has followed the government’s mini-budget”, last month’s data shows 36% year-on-year growth and is the equal,.. Read More;

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