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White House review of M&A must consider nonbanks' emergence

National Mortgage
Mortgage Finance
4 years ago

On July 9, the Department of Justice and Federal Trade Commission announced that they would review their general merger analysis,.. Read More;

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U.S. pending home sales rebound to a seven-month high in August

National Mortgage
Mortgage Finance
4 years ago

A gauge of U.S. pending home sales rebounded in August to a seven-month high as prospective buyers welcomed more attractive,.. Read More;

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Mortgage volumes decline after interest rates increase

National Mortgage
Mortgage Finance
4 years ago

The Mortgage Bankers Association Market Composite Index, a measure of mortgage volume based on a survey of association members, decreased,.. Read More;

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Lifetime mortgage rates drop significantly, analysis finds

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Equity release customers paid an average of 3.4% last year, down from 5.79% in 2015, according to the broker. The calculations,.. Read More;

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Blog: Time to flex the power of Open Banking

Mortgage Finance Gazette
Mortgage Finance
4 years ago

We’re seeing the UK’s Open Banking usage growing as customers seek greater clarity and more control over their finances. In what may have felt like an eternity, during the 18-month period since the first Covid-19 lockdown, we’ve,.. Read More;

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California takes aim at housing discrimination with new laws

National Mortgage
Mortgage Finance
4 years ago

With state policy increasingly focused on boosting development to address the housing affordability crisis, California adopted measures Tuesday to combat,.. Read More;

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August sees

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This comes a month after it recorded a net repayment level of £1.4bn in July, which has only happened once before,.. Read More;

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Long way to go on Libor transition as key deadline nears

National Mortgage
Mortgage Finance
4 years ago

With less than 100 days left before a key deadline, banks are moving away from the world’s most important interest,.. Read More;

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First-time home buyers cant keep up with exhausting price growth

National Mortgage
Mortgage Finance
4 years ago

While record-setting price growth has boosted homeowner equity to historic levels, they’ve also made it nearly impossible for first-time buyers,.. Read More;

post

Amazon, Google, Microsoft, IBM create cloud data controls

National Mortgage
Mortgage Finance
4 years ago

The financial industry has long been interested in the potential benefits of cloud computing, such as lower costs, greater flexibility,.. Read More;

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Cenlar hires former chief risk officer from Fannie Mae, Freddie Mac JV

National Mortgage
Mortgage Finance
4 years ago

Cenlar FSB, a mortgage subservicer and employee-owned wholesale bank, on Wednesday announced that it has hired Sara Avery, the former,.. Read More;

post

Cavco completes acquisition of manufactured home builder

National Mortgage
Mortgage Finance
4 years ago

Cavco Industries, the Phoenix-based builder of manufactured homes, announced the close of its acquisition of The Commodore Corp. in a,.. Read More;

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