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With Biden declared winner, whats next for banks?

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Democrat Joe Biden’s narrow victory in the presidential election shifts the balance of power in the nation’s capital,.. Read More;

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PennyMac protecting record profits with purchases, TPO and its REIT

National Mortgage
Mortgage Finance
5 years ago

In the third quarter, PennyMac Financial Services generated record earnings and made preparations to reduce its reliance on refinancing, should,.. Read More;

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Election uncertainty, FHA's new underwriting system, home prices hit 6-year highs and more of the week's news

National Mortgage
Mortgage Finance
5 years ago

Also: Waterstone Financial hires its fourth head of mortgage in two years,.. Read More;

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Regulators tell banks they can choose any replacement rate for Libor

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Banking regulators on Friday said financial institutions can choose any reference rate to replace the London interbank offered,.. Read More;

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Forbearance activity drops with expirations but re-entries may follow

National Mortgage
Mortgage Finance
5 years ago

After an uptick of 31,000 the week before, coronavirus-related forbearances decreased by 137,000 as of Nov. 3, according to Black,.. Read More;

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What mortgage insurers' 3Q results reveal about their future path

National Mortgage
Mortgage Finance
5 years ago

Even as private mortgage insurers had their best quarter ever, with four of the six active underwriters recording over $30,.. Read More;

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Mortgage broker payrolls top 100,000 per month, marking a 10-year high

National Mortgage
Mortgage Finance
5 years ago

Mortgage broker job estimates released Friday suggest hiring of third-party originators in the wholesale loan channel has risen above 100,000,.. Read More;

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Principality: No repossessions for vulnerable borrowers during pandemic

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The pledge, which remains in place until 30 June 2021, is aimed at helping those members most severely impacted by,.. Read More;

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People on the move: Nov. 6

National Mortgage
Mortgage Finance
5 years ago

CaliforniaOrangeLRES Corp. has promoted Cassie Vega to the role of senior director of client experience. ,.. Read More;

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Legal & General unveils new criteria and affordability tool

Mortgage Finance Gazette
Mortgage Finance
5 years ago

SmartrFit aims to provide brokers with information on which lenders meet their clients’ specific circumstances and the maximum loan amount,.. Read More;

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Castle Trust Bank cuts rates until the end of November

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The limited period offer applies to all Decision in Principles (DIPs) on term products issued by the bank until the,.. Read More;

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Halifax: Average house prices soar past

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The bank’s house price index for October recorded a 7.5% year-on-year rise in prices compared to the same month in,.. Read More;

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