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Serious delinquency rate dips further below June 2020 level

National Mortgage
Mortgage Finance
4 years ago

Mortgages late on their payments by 90 days or more in May are at their lowest point since the June,.. Read More;

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Multifamily originations expected to set a new record in 2021

National Mortgage
Mortgage Finance
4 years ago

The Mortgage Bankers Association bulked up its forecast for commercial and multifamily originations and now expects a 31% year-over-year rise,.. Read More;

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Home Point explores sale of Ginnie Mae servicing rights to reduce debt

National Mortgage
Mortgage Finance
4 years ago

Competitive pricing pressure in markets and agency fees contributed to a net quarterly loss at Home Point Capital (HMPT) and,.. Read More;

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Julys foreclosures jumped 40% annually

National Mortgage
Mortgage Finance
4 years ago

How many pandemic forbearances ultimately transition into foreclosures won’t be clear for months, but early indications are that activity involving,.. Read More;

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Staycation boom prompts investment from UK holiday let owners

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Around 94% of hotel or cottage owners say they have made major upgrades to their properties since the government imposed,.. Read More;

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Rocket Mortgage offers $2,500 for Detroit homebuyers

National Mortgage
Mortgage Finance
4 years ago

Rocket Mortgage is offering $2,500 in lender credits to homebuyers purchasing a primary residence in Detroit, the mortgage giant of,.. Read More;

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Blog: Financial services is finding its purpose

Mortgage Finance Gazette
Mortgage Finance
4 years ago

A couple of months ago, the darling of the high street, John Lewis and Partners, announced their plans to build,.. Read More;

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Majority of consumers understand importance of credit score, Experian finds

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The credit checking firm says its research found that the large majority of UK consumers now understand that credit history,.. Read More;

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FSCS adds new executive member

Mortgage Finance Gazette
Mortgage Finance
4 years ago

She says: “I am hugely excited to be joining the FSCS executive team in this business-critical role. “I’m looking forward to,.. Read More;

post

Freddie Mac launches another K-Deal CMBS deal, floating $780.3 million

National Mortgage
Mortgage Finance
4 years ago

The FREMF 2021-K744 Trust is preparing to issue $780.3 million in commercial mortgage-backed securities, in a multi-borrower transaction backed by,.. Read More;

post

Low mortgage rates blunt shift to purchase market for now

National Mortgage
Mortgage Finance
4 years ago

The momentum of the shift towards a purchase-dominated mortgage market was at least temporarily blunted in July, when refinance loans,.. Read More;

post

Eviction ban reflects government gamesmanship, judge says

National Mortgage
Mortgage Finance
4 years ago

A federal judge in Washington said the Biden administration engaged in “gamesmanship” last week by extending an eviction moratorium in,.. Read More;

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