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Rise in wire fraud partially attributed to exhausted home buyers

National Mortgage
Mortgage Finance
4 years ago

With potential buyers becoming more desperate to secure a property, the hot housing market has been a driving force in,.. Read More;

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Mortgage loan modifications rose 40% in 4Q: OCC

National Mortgage
Mortgage Finance
4 years ago

Serious delinquencies improved in the fourth quarter of 2021 but modifications and foreclosure starts rose as borrowers exited forbearance in,.. Read More;

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U.S. new-home sales declined in February for a second month

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may,.. Read More;

post

Rising rates send mortgage volumes downward for a second week

National Mortgage
Mortgage Finance
4 years ago

Mortgage volumes decreased for the sixth time in seven weeks, as spiking interest rates suppressed borrower demand, according to the,.. Read More;

post

NI threshold to rise by

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The threshold was expected to rise by £300, but will go up by £3,000 instead. That is a £6bn tax cut,.. Read More;

post

Blog: The cost of complacency as interest rates rise

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Here’s something to contemplate: the last time Base Rate was above 1%, in January 2009, Gordon Brown was Prime Minister,,.. Read More;

post

White House releases plan for combating inequities in appraisals

National Mortgage
Mortgage Finance
4 years ago

An interagency task force released a plan for combating discrimination in the appraisal industry in conjunction with the White House,.. Read More;

post

Darlington profits highest in more than 160-year history

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm said it secured a pre-tax profit of £3.2m for 2021, the biggest profit for any year since it,.. Read More;

post

Start of year sees house prices grow by 9.6%

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This is down slightly from the 10% increase the ONS noted for December 2021. It means that the average house price,.. Read More;

post

Inflation hits 6.2% in February, says ONS

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Last month, the ONS reported inflation hitting 5.5% in January, which was the second record-busing reading in a row. Today’s figure,.. Read More;

post

Removing medical collections from credit data should raise scores

National Mortgage
Mortgage Finance
4 years ago

A change by credit-reporting agencies on how medical-collection data are handled will likely benefit consumers seeking a mortgage, but to,.. Read More;

post

Fannie Mae doubles down on credit-risk insurance transfers

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae announced Tuesday that it has executed two credit-risk insurance transfers associated with mortgages acquired respectively in the second,.. Read More;

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