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Compass, Redfin to cut workforces amid U.S. housing slowdown

National Mortgage
Mortgage Finance
3 years ago

Real estate brokerages Compass Inc. and Redfin Corp. are cutting their workforces as rising interest rates cool a U.S. housing,.. Read More;

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The mortgage staffing outlook by loan channel and lender type

National Mortgage
Mortgage Finance
3 years ago

Rawpixel.com - stock.adobe.com The transition away from an unusually long period of historically low rates this year suggests,.. Read More;

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Wells Fargo says discrimination suit plaintiffs lack standing

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo is denying claims of discriminatory lending practices in new federal case filings, alleging some plaintiffs in one of,.. Read More;

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Trustee closes books on Better Housing Foundation bond debacle

National Mortgage
Mortgage Finance
3 years ago

The trustee for $170 million of bonds sold by five Chicago-area affordable housing projects that landed in bankruptcy is closing,.. Read More;

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Extension risk likely for current non-QM securitizations: S&P

National Mortgage
Mortgage Finance
3 years ago

Scott Eells/Bloomberg Extension risk, which occurs when loans do not prepay as fast as expected, is now inevitable,.. Read More;

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House markup postponed after Waters again tests positive for COVID

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — The House Financial Services Committee postponed a scheduled markup session Tuesday after the Democratic chair tested positive for,.. Read More;

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Foreclosure starts outnumbered completions by nearly tenfold in May

National Mortgage
Mortgage Finance
3 years ago

Foreclosure filings inched up last month, as activity slowly climbs toward pre-pandemic levels, but completions remain low relative to starts,,.. Read More;

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Lower rolls out cash-down program

National Mortgage
Mortgage Finance
3 years ago

Mortgage fintech Lower has joined the ranks of lenders offering a cash-offer option for home buyers in need of financing.  The,.. Read More;

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Xactus rolls out active listing data product for mortgage lenders

National Mortgage
Mortgage Finance
3 years ago

Credit verification leader Xactus is rolling out an active listing product for lenders that it claims offers the most active,.. Read More;

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Rent-payment reporting program launched by Bilt Rewards

National Mortgage
Mortgage Finance
3 years ago

Bilt Rewards, a fintech providing rent-related services to stakeholders, on Tuesday announced new reporting aimed at helping tenants build payment,.. Read More;

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Building society staff most satisfied of lender employees

Mortgage Finance Gazette
Mortgage Finance
3 years ago

New Possible’s sector spotlight on building societies found these employees are particularly happy with the culture of their organisations, often describing environments that are,.. Read More;

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New partnership provides lettings information to mortgage brokers

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This information comes from a new partnership between insurance broker Mint Insurance and geospatial technology firm Kamma. Customers with Mint,.. Read More;

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