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Mortgage fintech Tomo rolls out real-time pre-approval

National Mortgage
Mortgage Finance
4 years ago

Tomo, a Connecticut-based fintech, launched a real-time underwritten mortgage loan pre- approval, which should spit out a credit decision in,.. Read More;

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2022 originations make up 60% of underwater mortgages: Black Knight

National Mortgage
Mortgage Finance
4 years ago

 One in 12 purchase mortgages originated in 2022 is now underwater, as the downturn in home prices over the past,.. Read More;

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Home Point Capital completes $6 billion Ginnie Mae servicing sale

National Mortgage
Mortgage Finance
4 years ago

Home Point Capital has completed the sale of $6.08 billion in mortgage servicing rights to an approved Ginnie Mae issuer,,.. Read More;

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Help to Buy extended by one month after building backlogs

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Department for Levelling Up, Housing and Communities now says builders will now have until January 31 to finish building,.. Read More;

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The controversy around Ginnie Mae's new capital requirements explained

National Mortgage
Mortgage Finance
4 years ago

Ginnie Mae's updated capital requirements affect both banks and nonbanks, and many believe that the new requirements are not manageable,,.. Read More;

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FTBs say costs crisis lifts property wait by 5 years: First Direct

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender says that 77% of its poll of FTBs and existing homeowners are concerned about their ability to get,.. Read More;

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Nationwide Building Society launches API integration with Smartr365

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The integration of Nationwide’s API solution with the Smartr365 platform means intermediaries can submit customer decision in principle (DIP) applications,.. Read More;

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Equity Release Council admits Contact State to trade body

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm has joined the lobby group, which says it “aims to ensure that its members are highly professional and,.. Read More;

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Tracker searches more than doubled in November: Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
4 years ago

October was the third-busiest month ever for total mortgage searches with 1,504,582 throughout the month.  Purchase mortgage, remortgage and first-time buyer,.. Read More;

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Middle-aged renters lift by three-quarters over a decade: Paragon Bank

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The number of households in England where the lead reference person is aged between 45 and 64 has lifted to,.. Read More;

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Knowledge Bank debuts post-offer criteria search options

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The criteria search engine says intermediaries will now be able to search for ‘change of product – rates reduced after,.. Read More;

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The Case for Another 0.50% Bank of Canada Rate Hike | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

The Bank of Canada (BoC) is expected to raise its policy rate when it meets this Wednesday. The only real,.. Read More;

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