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Fannie Mae, Freddie Mac modifications hit a 15-month high in 2Q

National Mortgage
Mortgage Finance
4 years ago

Single-family loan modifications at government-sponsored enterprises Fannie Mae and Freddie Mac rose nearly 45% between the first and second quarters,.. Read More;

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Weekly forbearance exits slow with mountain of expirations looming

National Mortgage
Mortgage Finance
4 years ago

The latest rate of declining mortgages in forbearance plans slowed but a major drop-off is on the horizon.Loans in pandemic-related,.. Read More;

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Ocrolus valuation boosted to $500 million

National Mortgage
Mortgage Finance
4 years ago

Ocrolus completed a Series C financing round that gives the fintech company a valuation over $500 million.The round added $80,.. Read More;

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Maine home sales in August decline for the second month in a row

National Mortgage
Mortgage Finance
4 years ago

Sales of existing single-family homes in Maine were down almost 5 percent in August compared to the previous year, a,.. Read More;

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New-home sales in U.S. increased to a four-month high in August

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes rose in August by more than forecast, reaching a four-month high and suggesting demand is,.. Read More;

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Mortgage repayments jump by 20% in H1: Equity Release Council

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Debt payments were fuelled by regular repayments and record overpayments, new borrowing ahead of the stamp duty deadline and fewer,.. Read More;

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Trussle aims to hire 1,000 brokers next year

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm will start its recruitment drive by hiring 100 brokers by the end of 2021 as it bids “to,.. Read More;

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Average rates continue to slide as lenders slash prices at higher LTVs

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Changes were a little less dramatic than they have been in previous weeks, however, and were fuelled by movements at,.. Read More;

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Pressure to create climate change risk models in mortgage mounts

National Mortgage
Mortgage Finance
4 years ago

Increasing focus on climate change in Washington could create a demand for mortgage risk models that factor in the effects,.. Read More;

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Biden OCC pick cheered by progressives, jeered by industry

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Biden administration has already picked financial regulatory nominees who are polar opposites from their Trump-appointed predecessors. But,.. Read More;

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Mortgage rates remain low but Fed news signals trend reversal

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates inched up only slightly in the past week, as continued investment in the U.S. Treasuries market tempered economic,.. Read More;

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Fed's latest taper plan likely to be more orderly than 13-14's

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve's exit from its mortgage-backed securities purchase program should be more orderly than during the 2013-2014 period, which,.. Read More;

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