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Nonbank mortgage profits at lowest level in three years

National Mortgage
Mortgage Finance
3 years ago

Independent mortgage bankers’ per loan profits dropped to the lowest level in nearly three years during the fourth quarter as,.. Read More;

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Mortgage fintech Tomo raises $40 million, expands operations

National Mortgage
Mortgage Finance
3 years ago

Lending fintech Tomo Networks raised $40 million in a Series A funding round, doubling its valuation to $640 million.The Stamford,,.. Read More;

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Pepper European Servicing rebrands to Pepper Advantage

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The new $55bn servicing business will offer a range of credit services and scale technologies across commercial, SME, and residential,.. Read More;

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February sees residential transaction number move upwards

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In total, on a provisional and non-seasonally adjusted basis, there were 96,250 transactions of this type, which is 20.6% lower,.. Read More;

post

Saxon Trust launches two development exiting products

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Rates on the former product will start at 0.57% per month. The product is aimed at helping developers reduce costs,.. Read More;

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Mortgage Brain, Iress, and Twenty7Tec to standardise connectivity language

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Each company has integrated technologies which transfer mortgage application data between broker software and lender portals to optimize decisions in,.. Read More;

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Altisource Asset Management reinvents itself, restarts NYSE trading

National Mortgage
Mortgage Finance
3 years ago

A Bitcoin automated teller machine (ATM), operated by BitBase, inside a cryptocurrency exchange in Madrid, Spain, on Thursday, March 17,,.. Read More;

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Wells Fargo sued for bias against Black refinance applicants

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo is being accused of using “modern-day redlining" tactics in a new federal class action suit, the latest criticism,.. Read More;

post

More borrowers emerge from post-forbearance workouts current

National Mortgage
Mortgage Finance
3 years ago

New forbearance plans and extensions inched up in the past month as exits kept slowing, but on-time payments after workouts,.. Read More;

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Rate hikes may not be enough to cure economy's ills, bankers say

National Mortgage
Mortgage Finance
3 years ago

Conditions for small and midsize banks grew increasingly complex during the first quarter, muddying the outlook for 2022 even as,.. Read More;

post

Powell says Fed is ready to raise rates faster if needed

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Chair Jerome Powell said the central bank will take the “necessary steps” to get inflation down even if,.. Read More;

post

Oregon mortgage tax deduction under fire over inequities

National Mortgage
Mortgage Finance
3 years ago

Oregon’s mortgage interest tax deduction is facing criticism after an audit found it mostly benefits wealthy, white homeowners in urban,.. Read More;

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