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U.S. mortgage lenders are starting to go broke

National Mortgage
Mortgage Finance
4 years ago

(Bloomberg) -- The US mortgage industry is seeing its first lenders go out of business after a sudden spike in,.. Read More;

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Native American tribes support and expand access to homeownership

National Mortgage
Mortgage Finance
4 years ago

The recent rapid escalation in home prices and interest rates is presenting further challenges to first-time, low- to moderate-income and,.. Read More;

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Scotland ups threshold on shared equity scheme

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The scheme allows people to buy a home without having to fund its entire cost. Buyers pay for the biggest share,,.. Read More;

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All fixed rate mortgages see price rises during week, reports Moneyfacts

Mortgage Finance Gazette
Mortgage Finance
4 years ago

For a two-year fix, the price increased by 6 basis points, to 4.09%, and the three-year fix average rate gained,.. Read More;

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Propflo partners with Optimus

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The partnership will allow homeowners and buyers to access Landmark’s panel services on the Propflo platform alongside a property score,.. Read More;

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Lenders took a loss per-loan in Q2 as some servicing income slipped

National Mortgage
Mortgage Finance
4 years ago

The Mortgage Bankers Association on Thursday reported that the industry's average per-loan earnings fell into the red and financial income,.. Read More;

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Investor homebuyers are still splurging but their market share shrunk

National Mortgage
Mortgage Finance
4 years ago

Investors continue to use their deep pockets to scoop up single-family homes as rising mortgage rates dampen homebuyer demand.Those buyers,,.. Read More;

post

Geolocation plays key role in assessment of climate risk

National Mortgage
Mortgage Finance
4 years ago

As pressures to address climate change mount from both regulators and scientists, data analytics will play a vital role in,.. Read More;

post

U.S. existing-home sales fall a sixth month to over two-year low

National Mortgage
Mortgage Finance
4 years ago

Sales of previously owned U.S. homes fell for a sixth straight month in July in the latest indication of how,.. Read More;

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Mortgage rates drop as inflation concerns ease

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates took a step back over the past week as inflation worries eased, Freddie Mac reported.The 30-year fixed-rate mortgage,.. Read More;

post

House sales process hits slowest ever pace in July

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This is a new record and stands well above the pre-pandemic average for July of only 6%, based on figures,.. Read More;

post

Rural areas buck house purchase slowdown trend

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The estate agent says frustrated demand has helped drive July’s country market to its strongest period of transactional activity since,.. Read More;

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