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Recession to hit in early 2023, Fannie Mae says

National Mortgage
Mortgage Finance
3 years ago

The U.S. economy is likely to enter into a recession in the first quarter of 2023 due to a combination,.. Read More;

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U.S. sales of previously owned homes decline for a seventh month

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes fell for the seventh straight month in August as rising mortgage rates continued to,.. Read More;

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Calabria: FHFA is making housing less affordable by backing investors

National Mortgage
Mortgage Finance
3 years ago

As a greater share of single-family homes are being purchased as investments, a debate has emerged about what government-backed mortgage,.. Read More;

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Mortgage volumes break 6-week slide with refi rally

National Mortgage
Mortgage Finance
3 years ago

Mortgage application volume, particularly for refinances, rose for the first time in over a month amid a volatile rate environment,,.. Read More;

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Blog: Wasting hours on manual identity checks its time to go digital

Mortgage Finance Gazette
Mortgage Finance
3 years ago

One of the biggest distinctions businesses have to make is whether they’re being busy or being productive. Even the leanest,.. Read More;

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FCA sets our proposals to end rising tower insurance premiums after Grenfell fire

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It says industry data from 2016 to 2021 shows that the average price of premiums for such buildings has jumped,.. Read More;

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Glenhawk targets professional landlords with

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The range covers residential loans up to 75% loan to value, commercial and mixed-commercial deals, up to 70% LTV, and,.. Read More;

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Ashman Bank hires Cowen as chief financial officer

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The plans will see the roll-out of its proposition for small and medium-sized enterprises (SMEs) in the commercial real estate,.. Read More;

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Summer residential transactions up 10%, government data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In total, on a non-seasonally adjusted basis, there were 114,440 transactions counted, which as well as being significantly more compared,.. Read More;

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Stamp duty cut announcement expected in Friday mini budget

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It is believed the cut will be announced this Friday, 23 September, as part of her cabinet’s mini budget. Truss has,.. Read More;

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Biggest U.S. banks scale back on property lending as rates climb

National Mortgage
Mortgage Finance
3 years ago

Banks including Wells Fargo, Bank of America and JPMorgan Chase have pulled back on financing for offices and other commercial real,.. Read More;

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Borrowers lost over $6M in mortgage modification scam, regulators say

National Mortgage
Mortgage Finance
3 years ago

Two defendants bilked hundreds of distressed mortgage borrowers in Southern California out of millions of dollars, according to a complaint,.. Read More;

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