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Fed officials saw taper starting in mid-November or mid-December

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve officials broadly agreed last month they should start reducing emergency pandemic support for the economy in mid-November or,.. Read More;

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Mortgage volume inches up modestly for the week

National Mortgage
Mortgage Finance
4 years ago

Mortgage activity increased slightly last week, despite refinances diminishing amid rising interest rates.The Mortgage Bankers Association’s Market Composite Index, which,.. Read More;

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Fannie Mae, Freddie Mac multifamily caps to rise by $8 billion in 2022

National Mortgage
Mortgage Finance
4 years ago

Annual multifamily limits for Fannie Mae and Freddie Mac will increase by $8 billion each in 2022 with a higher,.. Read More;

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Interfirst Mortgage gets $175M investment

National Mortgage
Mortgage Finance
4 years ago

Interfirst Mortgage, a Chicago-based lender that originates in the retail and third-party channels, raised $175 million in capital from a,.. Read More;

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Fed's Quarles to end role as chief watchdog of Wall Street banks

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Vice Chairman for Supervision Randal Quarles will be removed from his role as the main watchdog of Wall,.. Read More;

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Proportion of tenants in arrears doubles over pandemic

Mortgage Finance Gazette
Mortgage Finance
4 years ago

In April-May 2021, 7% of private renters were in arrears, up from 3% in 2019/20, according to the third wave,.. Read More;

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Sancus hires Stevens as head of sales for the south

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The bridging and development loans firm says veteran Stevens will be responsible for leading a business development team in the,.. Read More;

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Rent prices rise as city centres reopen: Rightmove

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Specifically, since February 2020 (i.e., pre-pandemic), renters in Bristol faced a 12% rise in their bills, Nottingham and Glasgow clocked,.. Read More;

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Construction output falls 0.2% hampered by supply chain blockages: ONS

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It said new work remained flat in the month, while repair and maintenance activity fell 0.6%. Construction output in August was,.. Read More;

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Meet Parker AI mortgage assistant to launch multilingual chatbot

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The firm says the multilingual feature provides automatic translations of chat between the software tool and customers. It adds, the new,.. Read More;

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Purchase closing costs increase by more than 10% in first half of 2021

National Mortgage
Mortgage Finance
4 years ago

With housing prices accelerating in 2021, closing costs have gone up in tandem, but at a slower rate.The national average,.. Read More;

post

Fannie Mae sells NPLs to Credit Suisse, Barclays and Pretium

National Mortgage
Mortgage Finance
4 years ago

Two Wall Street firms and a single-family rental investor have purchased portions of Fannie Mae’s latest nonperforming loan package.The four,.. Read More;

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