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Mortgage volumes tumble, with average loan sizes also decreasing

National Mortgage
Mortgage Finance
4 years ago

Mortgage activity dropped off last week, as rising interest rates helped put the brakes on both new purchases and refinances.The,.. Read More;

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Cost of moving home up 12%, says Moneysupermarket

Mortgage Finance Gazette
Mortgage Finance
4 years ago

As people move house on average 5.5 times during their lifetime, this equates to a total of £4,116 – up,.. Read More;

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Blend to launch income verification product

National Mortgage
Mortgage Finance
4 years ago

After nearly a year in development, Blend Labs took another step toward making the financial services sector more efficient in,.. Read More;

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House price growth jumps to 10.6% in August

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Office for National Statistics data show that the average house price across the UK reached £264,000 in August, an increase,.. Read More;

post

Proportunity raises over

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The latest funding round, following one in 2020 that resulted in £7.3m of investment, was led by VentureFriendes, Kibo Ventures,,.. Read More;

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Low-to-moderate income borrowers can add $300 billion in originations

National Mortgage
Mortgage Finance
4 years ago

Scores of low-to-moderate income consumers represent an untapped client base for the mortgage industry, but a lack of clear strategies,.. Read More;

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Servicers bracing for new scrutiny, complexities as forbearance ends

National Mortgage
Mortgage Finance
4 years ago

Mortgage servicers and attorneys are preparing for regulators to start looking more closely at borrowers exiting pandemic-related payment suspensions, following,.. Read More;

post

Although origination margins are down, expenses keep rising

National Mortgage
Mortgage Finance
4 years ago

Mortgage origination revenue is returning to more normal levels after a year of extraordinary earnings driven by massively high gain,.. Read More;

post

Old National CEO: Hard to tell if redlining suit will delay merger

National Mortgage
Mortgage Finance
4 years ago

Old National Bancorp is prepared to complete the largest merger in its history just as soon as it receives approval,.. Read More;

post

Buyer urgency wanes in September housing market

National Mortgage
Mortgage Finance
4 years ago

Housing market velocity slowed in line with typical seasonality as summer turned to fall, but it still remains strong, according,.. Read More;

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Housing starts fell last month, led by multifamily slowdown

National Mortgage
Mortgage Finance
4 years ago

U.S. housing starts decreased in September, driven by a pullback in multifamily construction, as lingering supply-chain constraints, shortages of skilled,.. Read More;

post

Freddie Mac may follow Fannie Maes lead and underwrite based on rent

National Mortgage
Mortgage Finance
4 years ago

Freddie Mae is considering a similar move to Fannie Mae’s recent addition of mortgage credit assessments based on rent, an,.. Read More;

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