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Ocwen CEO and president Glen Messina also appointed chair

National Mortgage
Mortgage Finance
3 years ago

Glen Messina, Ocwen Financial's president and CEO, is adding the board chair title effective immediately, the company announced.Former Treasury official,.. Read More;

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Unpacking the FHFA's zig-zag on multifamily housing goals

National Mortgage
Mortgage Finance
3 years ago

On December 21, the Federal Housing Finance Agency published a final rule on multifamily housing goals for Fannie Mae and,.. Read More;

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Debt-limit fight risks early end to Fed quantitative tightening

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve's quantitative-tightening program risks being propelled toward an early end as U.S. politicians bicker in Washington over raising,.. Read More;

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Clydesdale Bank launches exclusive 80% LTV remortgage, cuts rates by up to 45bps - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Its exclusive remortgage deal is at 80% LTV at a five-year fixed rate, with a £1,499 fee, which comes with,.. Read More;

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Fiba adds NatWest Bank to lender partner panel - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

As part of the partnership, Fiba will offer its members access to NatWest’s products and services. The Fiba panel features a,.. Read More;

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Residential transactions tick down in December, figures show - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Compared to the month before, November 2022, this non-seasonally adjusted number ran 3% lower. Meanwhile, non-residential transactions, also counted on a,.. Read More;

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Why the GSEs' new fees may be tricky to implement

National Mortgage
Mortgage Finance
3 years ago

The breaks for some lower-income borrowers are welcome, but the use of debt-to-income as a differentiator in particular could complicate,.. Read More;

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Holiday let market bounces back from 2022 downturn: Moneyfacts - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data group says mortgage options for borrowers looking at holiday lets have more than doubled to 411 loans, from,.. Read More;

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Legal & General Mortgage Club adds West One Loans toresi lending panel - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It adds the deal means brokers writing cases through the club will be able to access the firm’s new range,.. Read More;

post

Housing Shortage Problem

GLM Mortgage Group
Mortgage Finance
3 years ago

Housing ShortageAre you worried about the price of your home dropping even further then they have today? It is understandable,.. Read More;

post

With regulatory spotlight on bias, appraisers worry about losing their independence

National Mortgage
Mortgage Finance
3 years ago

Appraisal bias is a hot topic in Washington, but those in the field fear the treatment is worse than the,.. Read More;

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Mortgage forbearance establishes a floor

National Mortgage
Mortgage Finance
3 years ago

In December, the forbearance rate for home loans remained at 0.7% for the third month in row, suggesting that it,.. Read More;

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