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Nonbank mortgage profits hurt by high costs in Q1

National Mortgage
Mortgage Finance
4 years ago

Higher costs, lower productivity and fewer applications making it through to closing explain why independent mortgage bankers made an average,.. Read More;

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Blog: How the disconnect with swap rates impacts non-bank lenders

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The Bank of England has hiked interest rates four times since December, with the market pricing in a further six,.. Read More;

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Inflation on the Brain | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

The Bank of Canada (BoC) has faced plenty of criticism of late. It has a mandate to “maintain low, stable inflation,.. Read More;

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Transaction figures in April down 10.5%: HMRC HPI

Mortgage Finance Gazette
Mortgage Finance
4 years ago

On an annual basis, the provisional non-seasonally adjusted estimate of UK residential transactions was down 13.9% compared to last year.,.. Read More;

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Are we heading for 2008 2.0? Not so fast

National Mortgage
Mortgage Finance
4 years ago

Mark Calabria is in a familiar position: at odds with the broader world of housing market policymakers and analysts.The former,.. Read More;

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Two years after HELOC pullback, JPMorgan again eyes the business

National Mortgage
Mortgage Finance
4 years ago

JPMorgan Chase is considering offering more home equity lines of credit, a top executive said Monday, roughly two years after,.. Read More;

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Fed rate-hike pause in September may make sense, Bostic says

National Mortgage
Mortgage Finance
4 years ago

Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks to members of the Harvard,.. Read More;

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Ocwen stock buyback spotlights strategy nonbanks are weighing

National Mortgage
Mortgage Finance
4 years ago

Ocwen on Monday announced that it would be repurchasing up to $50 million in shares, employing a strategy publicly traded,.. Read More;

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Publicly traded lenders are managing margins by lowering volume

National Mortgage
Mortgage Finance
4 years ago

First quarter origination volume among the largest publicly traded mortgage lenders — both banks and nonbanks — was larger than,.. Read More;

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The 10 most popular markets for Gen Z home buyers

National Mortgage
Mortgage Finance
4 years ago

Gen Zer homebuyers are beginning to make a dent in the share of mortgage offers made in some of the,.. Read More;

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A $5 trillion wealth shock is cracking Americans nest eggs

National Mortgage
Mortgage Finance
4 years ago

David Paul Morris/Bloomberg The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting,.. Read More;

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NRLA proposes property passport

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This comes as the government says that the existing decent homes standard should include the private rented sector as well,.. Read More;

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