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Senate passes legislation to modernize VA appraisals

National Mortgage
Mortgage Finance
4 years ago

A bill that requires the Department of Veterans Affairs to update its appraisal rules passed the Senate on Tuesday.In recent,.. Read More;

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The FHFA will require preapproval for new Fannie Mae, Freddie Mac products

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency published a rule Tuesday that requires Fannie Mae and Freddie Mac to provide advance notice,.. Read More;

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Housing starts, permits fall on slide in single-family homes

National Mortgage
Mortgage Finance
4 years ago

New U.S. home construction continued to decline in November and permits plunged as high borrowing costs paired with widespread inflation,.. Read More;

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Forbearance report shows 'pockets of weakness'

National Mortgage
Mortgage Finance
4 years ago

Forbearance was flat in the latest month tracked by the Mortgage Bankers Association, but hints of near-term weakness in certain,.. Read More;

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CFPB orders Wells Fargo to pay $3.7 billion amid widespread consumer banking problems

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau is ordering Wells Fargo to pay $3.7 billion for violating consumer protection laws — a,.. Read More;

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'Ugly home' buyer files trademark lawsuit over HGTV show

National Mortgage
Mortgage Finance
4 years ago

A trademark dispute between the nation's largest homebuyer and a media giant could get ugly.HomeVestors of America, the firm behind,.. Read More;

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Mortgage apps to buy new homes rise month-to-month

National Mortgage
Mortgage Finance
4 years ago

Lower mortgage rates for much of November brought some purchasers of newly constructed homes back into the market, the Mortgage,.. Read More;

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Bucking a downward trend, Sunflower Bank opens mortgage office in Dallas

National Mortgage
Mortgage Finance
4 years ago

Despite major residential lending headwinds in Texas and around the country, Sunflower Bank is  deepening its Dallas footprint with an,.. Read More;

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Accord Mortgages makes additional cuts on selected resi rates

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The specialist lender says the changes take effect from 8am on 22 December, and include reductions of up to 24bps,.. Read More;

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Own New and Darlington BS to launch 95% LTV mortgage product

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The product, open to first-time buyers (FTBs) and home movers buying new homes, will initially be available in the North,.. Read More;

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Govt extends Mortgage Guarantee Scheme by one year

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The scheme has underwritten £4.4bn in low-deposit home loans since it was launched on 21 April 2021. The government launched the,.. Read More;

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Virgin Money relaxes shared ownership and affordability criteria

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It has increased its maximum loan-to-income limit to 5.5 times for capital and interest applications up to 80% loan to,.. Read More;

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