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Most average fixed rate prices fall again this week, Moneyfacts reports

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Elsewhere, the average rate for a two-year fix fell 2 basis points, to 5.82%, for a five-year fix a 4,.. Read More;

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House prices in Scotland increase in October: Walker Fraser Steele

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The price rise in October follows a decrease in prices of £100 in September and £240 in August. These two months,.. Read More;

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What nonbank lenders are automating in 2023, according to OpenBots

National Mortgage
Mortgage Finance
3 years ago

Despite cutting back on other tech spending, some lenders plan to deploy these tools in the second quarter of next,.. Read More;

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Can the Supreme Court distinguish the CFPB's funding from other agencies'?

National Mortgage
Mortgage Finance
3 years ago

The latest constitutional challenge to the Consumer Financial Protection Bureau hinges on whether the agency's funding through the Federal Reserve,.. Read More;

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FHA clarifies rules around dual roles and compensation

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration has clarified restrictions it puts on the extent to which employees in single-family mortgage transactions can,.. Read More;

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Judge set to toss Guild's poaching suit against CrossCountry

National Mortgage
Mortgage Finance
3 years ago

A federal judge is poised to dismiss Guild Mortgage's poaching lawsuit against CrossCountry Mortgage over its alleged raid of Guild's,.. Read More;

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Academy Mortgage settles False Claims Act case for $38.5M

National Mortgage
Mortgage Finance
3 years ago

In a False Claims Act whistleblower case that Trump Administration officials attempted to dismiss, Academy Mortgage agreed to pay $38.5,.. Read More;

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Mortgage rates drop again after inflation, Fed news

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates declined this past week, as the latest Consumer Price Index report, along with the slowing of short-term rate,.. Read More;

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Title premium volumes fell by over 13% from Q2 to Q3

National Mortgage
Mortgage Finance
3 years ago

Title insurance companies saw third-quarter volumes and profits drop by 13% from the $6.21 billion of volume reported during the,.. Read More;

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Just 3% of recent buyers will be underwater if prices drop 4%

National Mortgage
Mortgage Finance
3 years ago

Slightly more than 3% of people who bought a home since the start of 2021 will be underwater if prices,.. Read More;

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Assetz Capital closes retail arm to focus on institutional funding

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The specialist platform lender anticipates it will run off its retail loan book over five years.      It adds that institutional,.. Read More;

post

Base rate lifted to 3.5%

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the base rate by 0.50 percentage points,,.. Read More;

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