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Home purchase affordability declines another 5%

National Mortgage
Mortgage Finance
3 years ago

Home purchase affordability continued to decline in March, as the median monthly mortgage payment borrowers applied for increased 5% over,.. Read More;

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Small banks doubt the Fed can avert a recession

National Mortgage
Mortgage Finance
3 years ago

Small-bank executives are losing confidence that the Federal Reserve, which is in inflation-fighting mode, can simultaneously keep the U.S. economy,.. Read More;

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Mortgage Connect seals ADFITECH acquisition

National Mortgage
Mortgage Finance
3 years ago

Mortgage Connect, a capital markets services provider to the residential mortgage-backed securities (RMBS) industry, has closed its acquisition of ADFITECH,,.. Read More;

post

Tough-to-crack housing market has U.S. buyers eyeing second jobs

National Mortgage
Mortgage Finance
3 years ago

A "For Sale" sign outside a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Tuesday,,.. Read More;

post

5 problems lenders have adopting automation and how to fix them

National Mortgage
Mortgage Finance
3 years ago

Surprisingly, many lenders with a long history of AI automation have yet to find their stride. Large lenders found early,.. Read More;

post

U.S. economy posts surprise contraction, belying solid consumer picture

National Mortgage
Mortgage Finance
3 years ago

The U.S. economy unexpectedly shrank last quarter for the first time since 2020 as the trade deficit ballooned, adding to,.. Read More;

post

Mortgage rates come in flat after weeks-long surge

National Mortgage
Mortgage Finance
3 years ago

Average mortgage rates took a slight pause from their steep upward acceleration in April, falling for the first time since,.. Read More;

post

Beverley Building Society appoints Bedford as new chief executive

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Bedford, who has been deputy chief executive since 2017, replaces Karl Elliott, who led the business for five years. Bedford, a,.. Read More;

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Ami "infuriated" by FCA's approach to fees

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The body says that while the regulator has set out a “good three year plan and business plan [published earlier,.. Read More;

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Smoove celebrates strong yearly revenue growth

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This comes on the back of conveyancing completions increasing by 10%, to 37,009, and conveyancing instructions going up by 22%,.. Read More;

post

Tipton and Coseley names Jeremy Cross as its new board chairman

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Cross joins the board following its 121st annual general meeting on 27 April. Previously, Cross has served as chair of Mansfield,.. Read More;

post

U.S. homebuilders urge Biden to help cut costs for market in extreme duress

National Mortgage
Mortgage Finance
3 years ago

A house under construction in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on,.. Read More;

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