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Mortgage servicer hit with OCC order for poor risk controls

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — One of the nation’s largest mortgage servicers was issued a consent order on Tuesday by the Office of,.. Read More;

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Wells Fargo backs mortgage startup Maxwell

National Mortgage
Mortgage Finance
4 years ago

Maxwell, a startup that operates an online platform catering to mortgage loan officers and smaller lenders, raised $28.5 million in,.. Read More;

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U.S. home-price appreciation is cooling off ever so slightly

National Mortgage
Mortgage Finance
4 years ago

U.S. home prices jumped 19.8% in August, the latest in a string of massive gains in the pandemic real estate,.. Read More;

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U.S. new-home sales top forecast with best pace since March

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes increased in September to the highest level in six months, underscoring solid underlying demand.Purchases of,.. Read More;

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The impact of hurricane season on mortgages and the wider economy

National Mortgage
Mortgage Finance
4 years ago

A submerged street sign on a flooded street after Hurricane Ida in Laplace, Louisiana, U.S., on Thursday, Sept. 2, 2021.,.. Read More;

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New lender Generation Home joins Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The lender’s mortgages are currently distributed exclusively via Legal & General. It offers a way for family and friends to support,.. Read More;

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Majority of lenders accepting applications from self-employed borrowers

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Imla asked 24 lenders a series of questions regarding underserved borrowers, finding that, “Despite ongoing consumer concerns that only borrowers,.. Read More;

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Zoopla: House price growth to cool to 3% in 2022

Mortgage Finance Gazette
Mortgage Finance
4 years ago

However, its analysts do not believe we are seeing the cliff edge in demand that some expected following the end,.. Read More;

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HUD officially extends its programs to Cherokee Freedmen descendants

National Mortgage
Mortgage Finance
4 years ago

Department of Housing and Urban Development programs for Native Americans have been extended to descendents of Cherokee Freedmen who joined,.. Read More;

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More Americans are not spooked at buying a haunted house

National Mortgage
Mortgage Finance
4 years ago

Ghostly inhabitants are not a deterrent to a motivated home buyer, especially given the inventory shortage affecting the housing market.,.. Read More;

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Home equity loan fintech raises $2 million in seed funding

National Mortgage
Mortgage Finance
4 years ago

Button Finance, a New York-based fintech focused on home equity loans, announced Monday that it had closed $2 million in,.. Read More;

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Home Partners prepares massive $2 billion RMBS issuance

National Mortgage
Mortgage Finance
4 years ago

In the largest issuance of the residential mortgage-backed securities (RMBS) in the platform’s recent memory, Home Partners of America 2021-2,.. Read More;

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