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New Residential reports servicing income surge, HELOC launch

National Mortgage
Mortgage Finance
3 years ago

While New Residential reported strong first-quarter earnings, the contracting mortgage market has the company seeking new profit-growth avenues.The mortgage real-estate,.. Read More;

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FHFA says lenders must use form indicating preferred language

National Mortgage
Mortgage Finance
3 years ago

Mortgage lenders selling loans to Fannie Mae and Freddie Mac will be required to use the Supplemental Consumer Information Form,.. Read More;

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First American buys title agency Mother Lode for $300M

National Mortgage
Mortgage Finance
3 years ago

First American Financial completed its $300 million acquisition of Mother Lode Holding Co., a title agency with operations in 11,.. Read More;

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What student loan forgiveness would mean for U.S. consumer lenders

National Mortgage
Mortgage Finance
3 years ago

The large-scale forgiveness of federal student loan debt, which President Biden could announce in the coming days, would bolster credit,.. Read More;

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Fast-rising mortgage rates force U.S. homebuyers to dig deeper

National Mortgage
Mortgage Finance
3 years ago

Mortgage payments are claiming a bigger chunk of incomes for U.S. homebuyers, who also have to contend with quickly rising,.. Read More;

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Home equity lending to small business owners up since 2021

National Mortgage
Mortgage Finance
3 years ago

Small-business owners are turning to home equity to help finance their expenses, a trend that increased noticeably during the pandemic.A,.. Read More;

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Fannie Mae earnings drop, driven by credit-related expense

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae’s first-quarter earnings fell as higher rates contributed to lower amortization income, it recorded a charge for credit expenses,.. Read More;

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Generation Home names Pete Dockar as commercial director

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Docker joins Generation Home from Virgin Money where he served as head of customer value. Prior to that, he held the,.. Read More;

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Rents rise 1% in most regions in April, says index

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average cost of rent for a property in England rose from £1,006 to £1,012 in April, an increase of,.. Read More;

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Blog: Time for lenders to move on climate change risks

Mortgage Finance Gazette
Mortgage Finance
3 years ago

As Robert Peston put it, when it came to subprime, the Financial Services Authority “got it wrong to a mind-boggling,.. Read More;

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Impact Specialist Finance partners with Movin Legal

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The partnership will help brokers find a legal partner to help their clients complete on specialist finance property purchases.  Impact will,.. Read More;

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Crypto suspicious activity reports are climbing. Heres why.

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — As cryptocurrency’s popularity has grown, so have the flags of potential money laundering and fraud. As the Biden administration,.. Read More;

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