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Zombie homes decline but foreclosures are rising

National Mortgage
Mortgage Finance
3 years ago

The number of “zombie” homes vacant and headed toward foreclosure continues to decline, a trend that could reverse with rising,.. Read More;

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Home Point Capital earnings fell, revenue outperformed in 4Q

National Mortgage
Mortgage Finance
3 years ago

Home Point Capital’s bottom-line underperformed some analysts’ estimates in the latest quarter as it continued to struggle with normalizing margins,,.. Read More;

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Title insurers report mixed 4Q earnings as competition grows

National Mortgage
Mortgage Finance
3 years ago

While the four largest publicly-traded title insurers reported strong fourth-quarter financials, the outlook for 2022 is a bit more mixed,.. Read More;

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Servicer may pay over $200,000 to settle class-action suit

National Mortgage
Mortgage Finance
3 years ago

A U.S. District Court judge has approved a final settlement in which a servicer has agreed to pay over $200,000,,.. Read More;

post

New-home sales decline for first time in 3 months

National Mortgage
Mortgage Finance
3 years ago

New homes built by Pardee Construction LLC in the Pacific Highlands Ranch master planned community in San Diego, California.Bing Guan/BloombergSales,.. Read More;

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Investors rush to protect from surging costs, stagflation threat

National Mortgage
Mortgage Finance
3 years ago

(Bloomberg) -- Investors rushed to buy bonds that shield them from the prospect of accelerating inflation after the Russian military,.. Read More;

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Ukraine conflict pushes mortgage rates down

National Mortgage
Mortgage Finance
3 years ago

Residents seeking to leave the capital are stuck in traffic on a highway in Kyiv, Ukraine, on Thursday, Feb. 24,,.. Read More;

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FHFA updates proposal for minimum financial eligibility standards

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency has re-proposed minimum financial-eligibility standards for seller-servicers that work with two government-sponsored enterprises, confirming speculation,.. Read More;

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Third of mortgage applications face rejection in 2022: TML

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The report from TML says: “The past two years have placed significant financial stress on individuals, particularly those with complex,.. Read More;

post

Landlords exit Welsh market in droves

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Its figures show that the number of landlords in the UK selling their properties stands at an average of two,.. Read More;

post

Employee fraud up considerably in 2021

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It shows the number of fraud acts committed by employees rose from 44 in 2020 to 66 in 2021. At the,.. Read More;

post

Co-operative Bank posts first annual profit in decade as it moves mortgages in-house

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The firm posted a £31.1m pre-tax profit in the year to the end of December, swinging from a £103.7m loss,.. Read More;

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