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Shoddy screening methods by credit reporting firms are illegal: CFPB

National Mortgage
Mortgage Finance
4 years ago

Consumer reporting companies that use only an applicant's name to screen potential tenants and employees run the risk of using,.. Read More;

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Mortgage rates retreat after three straight weeks of upward moves

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates fell during the week after trending upward for most of October, but the Federal Reserve’s tapering announcement has,.. Read More;

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Construction hiring must drastically increase to ease housing shortage

National Mortgage
Mortgage Finance
4 years ago

The housing inventory shortage has been exacerbated by a lack of skilled construction workers needed to build enough residences to,.. Read More;

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Remortgage searches make up 40% of market: Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Monthly data from Twenty7Tec shows that remortgage searches accounted for 40.6 per cent of the mortgage market in October, the,.. Read More;

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BoE surprises markets with base rate hold

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Monetary Policy Committee (MPC) voted 7–2 to keep the rate at this record-low level, which dates to March 2020,,.. Read More;

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Construction activity up in October

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The IHS Markit/ CIPS UK Construction Activity Index registered 54.6 in October, up from 52.6 the previous month, signalling a,.. Read More;

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Freddie Mac, Serena Williams-linked fintech help renters build credit

National Mortgage
Mortgage Finance
4 years ago

Government-sponsored enterprise Freddie Mac is partnering with a high-profile startup connected with tennis star Serena Williams to help transmit positive,.. Read More;

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Databits: The good, bad and ugly about fast money

National Mortgage
Mortgage Finance
4 years ago

The speed of money movement represents the future - success for those who deliver, challenges for those who don't,.. Read More;

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Marriott brings its second 2021 timeshare deal to market

National Mortgage
Mortgage Finance
4 years ago

A securitization of timeshare loans originated by Marriott Ownership Resorts Inc. (MORI) is approaching the market, providing investors with an,.. Read More;

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Zillow Home Loans will lose significant business from iBuyer shutdown

National Mortgage
Mortgage Finance
4 years ago

The implosion of Zillow's iBuyer business will have an impact on both originations and revenues at Zillow Home Loans going,.. Read More;

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Fed to start tapering asset buys by $15 billion later this month

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve said it will begin winding down its monthly asset purchases later this month at a pace of,.. Read More;

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Zillow shares plunge as investors digest home-flipping halt

National Mortgage
Mortgage Finance
4 years ago

The Zillow website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Saturday, May 1, 2021. Zillow,.. Read More;

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