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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;

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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;

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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;

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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;

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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;

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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;

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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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Freddie Mac creates chief D&I role, promoting law and policy expert

National Mortgage
Mortgage Finance
4 years ago

Freddie Mac promoted a company veteran to the newly created position of chief diversity and inclusion officer, as it attempts,.. Read More;

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Opendoor rides U.S. home prices after Zillow's fumble

National Mortgage
Mortgage Finance
4 years ago

A few months after slowing home-price appreciation torpedoed Zillow Group's tech-powered flipping operation, the company's onetime rival is getting a,.. Read More;

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Nonbank mortgage profits at lowest level in three years

National Mortgage
Mortgage Finance
4 years ago

Independent mortgage bankers’ per loan profits dropped to the lowest level in nearly three years during the fourth quarter as,.. Read More;

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Mortgage fintech Tomo raises $40 million, expands operations

National Mortgage
Mortgage Finance
4 years ago

Lending fintech Tomo Networks raised $40 million in a Series A funding round, doubling its valuation to $640 million.The Stamford,,.. Read More;

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Pepper European Servicing rebrands to Pepper Advantage

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The new $55bn servicing business will offer a range of credit services and scale technologies across commercial, SME, and residential,.. Read More;

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