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Fed's Cook eyes more hikes to reach 2% inflation target

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — More interest rate increases are likely needed for inflation to return to 2%, Federal Reserve Governor Lisa Cook,.. Read More;

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Rithm Capital predicts return of originations profits in early 2023

National Mortgage
Mortgage Finance
4 years ago

Servicing income led Rithm Capital's mortgage operations to a profit amid the ongoing industry slowdown, but company leaders predicted originations,.. Read More;

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Guild buys Legacy Mortgage to strengthen its foothold in the Southwest

National Mortgage
Mortgage Finance
4 years ago

Guild has purchased Legacy Mortgage, a small residential lender and servicer, in line with its goal to build market share,.. Read More;

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LoanDepot's Hsieh exits day-to-day role due to proxy fight

National Mortgage
Mortgage Finance
4 years ago

As a result of a proxy battle with his own board of directors, Anthony Hsieh stepped down as executive chairman,.. Read More;

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Mortgage activity increases again after January slide

National Mortgage
Mortgage Finance
4 years ago

Home lending activity reversed course last week, while purchase amounts maintained their steady growth to start 2023, according to the,.. Read More;

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L&C Mortgages names new chief operating officer Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Harrington joined L&C as an adviser in 2003 and has worked in a number of roles during his tenure. Most recently,,.. Read More;

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Together reduces home loans by up to 25bps, bridging rates by 14bps Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The specialist lender says its first charge two-year fixed-rate loans will now start at 8.20%, and the five-year fix from,.. Read More;

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Nomo Bank launches property finance offering for clients in the Middle East Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Nomo Property Finance will operate under a Murabaha structure and in line with Islamic banking principles. It will initially be available,.. Read More;

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DLUHC confirms Rachel Maclean's appointment as housing minister Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The appointment comes after housing minister Lucy Frazer was moved on as part of Prime Minister Rishi Sunak’s cabinet shuffle. Frazer,.. Read More;

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Newcastle Intermediaries reduces large loan borrowing by up to 62bps Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The broker-only arm of Newcastle Building Society says: “The products are in response to property price growth in the last few,.. Read More;

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Virgin Money debuts deals under 4%, brings back 95% LTV products Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The bank debuts a 95% LTV five-year fixed-rate fee-saver at 5.09%.    And a 95% LTV 10-year fixed-rate fee-saver at 5.59%,,.. Read More;

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Skipton Building Society adds two new CEO posts for mortgages and money Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Charlotte Harrison is promoted to the interim chief executive – home financing, and will focus on will oversee the mutual’s,.. Read More;

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