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Mortgage activity comes in lower for a second straight week

National Mortgage
Mortgage Finance
3 years ago

Mortgage activity decreased for the second week in a row, with an uptick in refinances offset by a larger drop,.. Read More;

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U.S. inflation quickens to 9.1%, amping up Fed pressure to go big

National Mortgage
Mortgage Finance
3 years ago

U.S, inflation roared again to a fresh four-decade high last month, likely strengthening the Federal Reserve’s resolve to aggressively raise,.. Read More;

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MISMO's new dataset will map adverse action notices

National Mortgage
Mortgage Finance
3 years ago

The Mortgage Industry Standards Maintenance Organization has released a dataset standard that maps to a sample adverse action notification form.This,.. Read More;

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A mild U.S. recession is coming this year, Bank of America economists say

National Mortgage
Mortgage Finance
3 years ago

Bank of America Corp. economists forecast a “mild recession this year” in the U.S., saying services spending is slowing and,.. Read More;

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Conveyancers suggest better communication would help speed up post-offer queries

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The survey is used to identify where the industry can collaborate to improve the mortgage and conveyancing process. It also asks,.. Read More;

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Construction activity spikes by 1.5% in May: ONS

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The May increase came solely from a rise in new work, of 2.8%, as repair and maintenance activity registered a,.. Read More;

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Real estate commission change may hurt borrowers, brokerage argues

National Mortgage
Mortgage Finance
3 years ago

If a change in how real estate agents earn commissions went into effect, mortgage payments will become less affordable, a,.. Read More;

post

Mortgage credit declines for fourth straight month

National Mortgage
Mortgage Finance
3 years ago

Mortgage credit availability declined for the fourth straight month in June, but conventional offerings saw a rebound, as rate volatility,.. Read More;

post

Council of Federal Home Loan banks names CUNA exec as CEO

National Mortgage
Mortgage Finance
3 years ago

The Council of Federal Home Loan banks has named Ryan Donovan as its next president and chief executive.The trade organization,.. Read More;

post

Fannie and Freddie escalate nonperforming loan sales

National Mortgage
Mortgage Finance
3 years ago

Fannie Mae and Freddie Mac sold 30% of their nonperforming loan portfolio during 2021, the highest share ever, the latest,.. Read More;

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LoanDepot to cut 2,000 workers through the end of the year

National Mortgage
Mortgage Finance
3 years ago

LoanDepot will lay off 2,000 workers through the end of the year, part of a larger restructuring targeting profitability by,.. Read More;

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What higher rates, recession concerns mean for San Antonio homebuyers

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates that have risen significantly since early in the coronavirus pandemic, soaring housing prices and inflation are making it,.. Read More;

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