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Borrowing levels reach 5-year high among over 55's

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The report says there were 187,120 new mortgages to borrowers aged 55 years and over completed during 2021, totalling £28.1bn,.. Read More;

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Too many firms still use outdated ID&V checks, report finds

Mortgage Finance Gazette
Mortgage Finance
4 years ago

SmartSearch found that 33% of companies were using manual checks for onboarding, while 51% reported seeing a rise in financial,.. Read More;

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First Time Home Buyer's Program

GLM Mortgage Group
Mortgage Finance
4 years ago

First Time Home Buyer’s Program First Time Home Buyer’s ProgramThe First Time Home Buyer’s Program otherwise referred to as the FTHBI is,.. Read More;

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Change Lending aims to raise $345 million in second MBS deal

National Mortgage
Mortgage Finance
4 years ago

The CHNGE Mortgage Trust 2022-2 is preparing to tap the capital markets for $345 million in mortgage-backed securities, in a,.. Read More;

post

ICYMI: Fannie Mae, Freddie Mac, FHA news this week

National Mortgage
Mortgage Finance
4 years ago

Government-related players in the mortgage market this week announced new developments in automation as a key nomination reached an impasse,,.. Read More;

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Brainard says its appropriate to start series of Fed hikes in March

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Governor Lael Brainard said the U.S. central bank is ready to raise interest rates next month and begin,.. Read More;

post

More evidence were in one the hottest housing markets ever

National Mortgage
Mortgage Finance
4 years ago

A critical lack of single-family homes for sale has created the fastest, priciest housing market on record, with home prices,,.. Read More;

post

A.I. decisioning audit structure launched by housing group

National Mortgage
Mortgage Finance
4 years ago

The National Fair Housing Alliance created a framework designed to audit algorithmic decision making tools, which in the mortgage industry,.. Read More;

post

Supply shortages help drive down new home purchase applications

National Mortgage
Mortgage Finance
4 years ago

Supply constraints contributed to a yearly decline in new-home applications but helped push the average loan amount to another record,.. Read More;

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U.S. existing-home sales unexpectedly climb to a one-year high

National Mortgage
Mortgage Finance
4 years ago

Sales of previously owned homes unexpectedly increased to a one-year high as buyers rushed in ahead of a surge in,.. Read More;

post

Propertymark charity Arbon Trust appoints Scott as chair

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Scott, a former NAEA Propertymark president and managing director of Trading Places estate agents in Whitley Bay, takes over the,.. Read More;

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Buoyant property market drives profits at Suffolk Building Society

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The building society — which changed its name from Ipswich Building Society during this period — saw pre-tax profits of,.. Read More;

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