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Borrowers have a record $11 trillion in tappable equity

National Mortgage
Mortgage Finance
3 years ago

Escalating home prices delivered a record gain of $1.2 trillion in tappable equity to borrowers in the first quarter of,.. Read More;

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Will regulators warnings chill lenders use of AI?

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau recently issued a fresh warning to lenders that use artificial intelligence in lending decisions, saying,.. Read More;

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Wildfire threat hasnt deterred purchases in higher-risk areas

National Mortgage
Mortgage Finance
3 years ago

Despite climate risk concerns, buyers have not shied away from homes in fire-prone areas. In fact, prices for homes in,.. Read More;

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Fed delivers fuzzier rate message as it gauges impact of hikes

National Mortgage
Mortgage Finance
3 years ago

With half-point interest-rate increases all but certain in June and July, Federal Reserve officials are shifting the focus away from,.. Read More;

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Ginnie Mae may allow commingling of electronic and paper notes

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae is exploring the possibility of commingling paper and electronic promissory notes in securitized mortgage pools it insures, something,.. Read More;

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UK government misses new home completions target by 40%: Unlatch

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The latest data shows that last year 181,810 new homes of the 300,000 target were completed across the UK, representing,.. Read More;

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Bluestone signs three-year deal with Hometrack

Mortgage Finance Gazette
Mortgage Finance
3 years ago

As part of the partnership, Hometrack will review Bluestone’s back book to assess the potential impact of climate change. Hometrack will,.. Read More;

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Growth in non-prime markets drives rise in off-market sales: Hamptons

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data shows that during the first five months of the year a record 23% of London homes changed hands,.. Read More;

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How Much Higher Will the Bank of Canada Go? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

The Bank of Canada (BoC) hiked its policy rate by another 0.50% last week, as expected. That means lender prime rates,,.. Read More;

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Movement Mortgage agrees to resolve discrimination claims

National Mortgage
Mortgage Finance
3 years ago

Movement Mortgage agreed to resolve racial discrimination and disparate treatment claims by allocating $75,000 to organizations working toward equitable housing,.. Read More;

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As mortgage market cools, fraud risk heats up

National Mortgage
Mortgage Finance
3 years ago

With rising interest rates cooling down the mortgage market, researchers warn the risk of mortgage fraud may be heating up.Risky,.. Read More;

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Mortgage jobs recorded small seasonal gain despite layoffs

National Mortgage
Mortgage Finance
3 years ago

The latest estimates for mortgage banker and broker payrolls show lukewarm interest in hiring as the spring homebuying season got,.. Read More;

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