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Fair lending AI platform raises funding, reports most biased cities

National Mortgage
Mortgage Finance
4 years ago

FairPlay, a Los Angeles-based fintech that seeks to provide “fairness as a service” to mortgage underwriting, announced Monday that it,.. Read More;

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Property investors bet $64 billion on U.S. homes in record buying spree

National Mortgage
Mortgage Finance
4 years ago

A "For Sale" sign outside a home in Louisville, Kentucky, U.S., on Tuesday, Oct. 26, 2021. The torrid pace of,.. Read More;

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Transactions at highest level since 2007: Halifax

Mortgage Finance Gazette
Mortgage Finance
4 years ago

More than 461,000 home moves took place over the period, which was an increase of 52% on the previous 12,.. Read More;

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Construction costs top list of property professionals' concerns: PwC UK

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The data in the Emerging Trends in Real Estate Europe 2022 report reveals the issues most concerning the industry are,.. Read More;

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Prices slip by 0.6% in month to November: Rightmove

Mortgage Finance Gazette
Mortgage Finance
4 years ago

However, annual price growth continued, with prices up by 6.3% year on year, down marginally on October’s figure of 6.5%. Agents,.. Read More;

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Is It Time for Variable-Rate Borrowers to Lock In? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

Inflation continues to dominate the headlines. Last week we learned that the US Consumer Price Index (CPI) soared higher by 6.2%,.. Read More;

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How a change to the SALT cap would affect taxpayers by state

National Mortgage
Mortgage Finance
4 years ago

Raising the cap on state and local tax deductions to $80,000 from $10,000 would reduce the federal income tax liability,.. Read More;

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Impac Mortgage turned a profit in 3Q as non-QM lending increased

National Mortgage
Mortgage Finance
4 years ago

A jump in outside-the-box originations put Impac Mortgage Holdings back in the black during the third quarter, following a loss,.. Read More;

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Forbearances fall by over 100K, now less than 2% of all mortgages

National Mortgage
Mortgage Finance
4 years ago

Forbearance numbers dropped at their fastest pace in four weeks, with the overall number of distressed loans declining to less,.. Read More;

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With Bidens FHA nominee in limbo, mortgage market grows restless

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — President Biden’s nominee to head the Federal Housing Administration is stuck in limbo as the Senate battles competing,.. Read More;

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'ATR, QM should not be the be-all, end-all in mortgage underwriting'

National Mortgage
Mortgage Finance
4 years ago

Among the difficulties lenders face when working with non-traditionally employed customers — like self-employed and gig economy workers — is,.. Read More;

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Slow week sees average five-year fix increase by 2 basis points

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Headline rates elsewhere did not change: the average two-year fix stayed at 2.29%, the average three-year fix at 2.31% and,.. Read More;

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