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Pandemic loss mitigation had a 10% redefault rate in June

National Mortgage
Mortgage Finance
3 years ago

Early numbers suggest mortgages in COVID-19 loss mitigation programs will have a 10% redefault rate, according to the Federal Reserve,.. Read More;

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7 regulation and compliance issues facing the mortgage industry

National Mortgage
Mortgage Finance
3 years ago

From a debate on credit scoring models to a CFPB warning to servicers about their handling of Homeowner Assistance funds,,.. Read More;

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AnnieMac buys OVM to expand mid-Atlantic coverage

National Mortgage
Mortgage Finance
3 years ago

AnnieMac Home Mortgage, a nationwide lender based in Mount Laurel, New Jersey, is expanding its mid-Atlantic reach through its acquisition,.. Read More;

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Regulators should support adoption of fair-lending algorithms

National Mortgage
Mortgage Finance
3 years ago

In 1869, the English judge Baron Bramwell rejected the idea that “because the world gets wiser as it gets older,,.. Read More;

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Angel Oak, Roostify, Guaranteed Rate make leadership moves

National Mortgage
Mortgage Finance
3 years ago

Also, Xactus, iEmergent add to their C-suites, Planet Home grows its team and Longbridge Financial finds a chief operating officer.,.. Read More;

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Pre-Qualified VS Pre-Approved

GLM Mortgage Group
Mortgage Finance
3 years ago

The Difference Between Pre-Qualified & Pre-ApprovedNot everyone get’s pre-qualified first. Usually, the mortgage broker will go through a 50/50 state,,.. Read More;

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Home sellers are slashing prices in sudden halt to pandemic boom

National Mortgage
Mortgage Finance
3 years ago

The turn in the U.S. housing market has been sharp and swift. Just ask Karlyn and Jack Stenhjem, would-be downsizers,.. Read More;

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FHFA implements fee but may revisit capital framework that includes it

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency is moving ahead with a controversial new charge for now, but it’s simultaneously exploring alternatives,.. Read More;

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Bryce joins The Chorley from BuildLoan

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Bryce has worked in the mortgage industry for 35 years, most recently at BuildLoan, and also spent 20 years as,.. Read More;

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Fixed rates rise again, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average rate for a two-year fix gained 13 basis points, coming to 3.74% and the average three-year fix rose,.. Read More;

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May bump for mortgage borrowing

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This, says the BoE, puts the borrowing figure above the pre-pandemic average of £4.3bn in the 12 months to February,.. Read More;

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House price rises slow to December 2019 levels, says Zoopla

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This slowdown comes after two years of unprecedented growth in property prices. Much of this growth has been driven by,.. Read More;

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