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Mortgage rates drop on concerns over economy and the coronavirus

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates plummeted this week to a new all-time low, as poor economic news as well as concerns about a,.. Read More;

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Lenders predict as much as a 30% rise in hybrid closings in 2021

National Mortgage
Mortgage Finance
5 years ago

COVID-19 threw the world a giant curveball in 2020. For the mortgage industry, the pandemic meant adapting to an all-digital,.. Read More;

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Lockdown 2.0: Mortgage activity dips during second week of restrictions

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Weekly mortgage search volumes were at just over 87% of the year’s highest figure – down 0.5% on the week,.. Read More;

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Kent Reliance opens up HMO and MUFB mortgages to more applicants

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The lender, which is part of the OneSavings Bank group, has broadened the proposition in a bid to offer more,.. Read More;

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Tipton launches app to help borrowers and savers manage accounts

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The society worked in partnership with fintech firm, Consectus, to deliver this new innovation which also allows customers to transfer,.. Read More;

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Is GSE reform dead on arrival under Biden?

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Trump administration in the last two years has laid the groundwork to free mortgage giants Fannie Mae,.. Read More;

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Appraisal exception for higher-priced mortgages unchanged for 2021

National Mortgage
Mortgage Finance
5 years ago

The exemption from the special appraisal requirements for higher-priced mortgages with balances at or under $27,200 will remain unchanged in,.. Read More;

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FHFA issues capital rule, previews next steps on plan to release GSEs

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Finance Agency has finalized a rule imposing higher capital requirements for Fannie Mae and Freddie,.. Read More;

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FHFA lowers multifamily cap, increases affordable housing requirements

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency reduced the size of the multifamily caps for Fannie Mae and Freddie Mac in 2021,,.. Read More;

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Forborne mortgages have similar traits to those likely to default

National Mortgage
Mortgage Finance
5 years ago

Mortgages in forbearance status have very similar characteristics to loans associated with higher default rates, a Freddie Mac study found.,.. Read More;

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Metro Atlanta home sales up, prices soaring

National Mortgage
Mortgage Finance
5 years ago

October was a good month for home sellers in metro Atlanta.The median price of the houses sold last month was,.. Read More;

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Housing starts reach highest point of the pandemic era

National Mortgage
Mortgage Finance
5 years ago

The momentum of construction activity continued in October as single-family housing starts hit their highest points since February, according to,.. Read More;

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