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Wells Fargo charged borrower $40,000 in excessive legal fees, judge rules

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo charged excessive legal fees to a borrower who sought to pay off a commercial mortgage, wrongfully increasing the,.. Read More;

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Pimco, TCW and DoubleLine bet on mortgage bonds as rates rise

National Mortgage
Mortgage Finance
4 years ago

Homes in a subdivision in Atlanta, Georgia, US, on Sunday, Nov. 13, 2022. Redfin Corp. is shuttering its iBuying business,.. Read More;

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Hurricane Ian impact led to increase in missed payments, forbearances

National Mortgage
Mortgage Finance
4 years ago

Eva Marie Uzcategui/Bloomberg The first signs of the impact Hurricane Ian is having on mortgage payments are coming,.. Read More;

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Mortgage payments kept rising in October

National Mortgage
Mortgage Finance
4 years ago

Elevated interest rates are making homes less affordable for borrowers, with a recent Mortgage Bankers Association survey showing that the,.. Read More;

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Home purchases canceled at record pace in October

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates that topped 7% by the end of October led to records set for home purchase deal cancellations and,.. Read More;

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Interfirst sheds employees across all departments

National Mortgage
Mortgage Finance
4 years ago

Dozens of people were laid off by Chicago-based Interfirst Mortgage last week, according to sources interviewed.Because all departments are siloed,.. Read More;

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Phoebus Software wins data security standard

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm will be presented with the 2022 ISAE (UK) 3000 System and Organisation Controls (SOC) 2 Type I Service,.. Read More;

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Nationwide reduces fixes and tracker rates by up to 30bps

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender says among its remortgage range, new rates include reductions of between 5bps and 26bps on selected fixed and,.. Read More;

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Living costs crisis poised to bar a million FTBs from home market: Aviva

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The report, focused on those who have never owned a property, says that 46% of this group were not currently,.. Read More;

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October housing transactions lift 2% to 108,480: Govt.

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The customs body says its provisional seasonally adjusted estimate for British residents does not reflect “recent increases in mortgage rates”,.. Read More;

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How lenders are re-prioritizing tech spending for 2023

National Mortgage
Mortgage Finance
4 years ago

"To invest or not to invest?" is the question that most lender IT departments are asking themselves as the mortgage,.. Read More;

post

Receipts for stamp duty reach

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This is £2.2bn more than the same period last year. The government says its “recent growth plan announcement on cutting [stamp,.. Read More;

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