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Quality of capital would challenge non-depositories under bank rules

National Mortgage
Mortgage Finance
5 years ago

By some current measures, nonbank capitalization looks strong compared to banks, but the way a Ginnie Mae proposal aims to,.. Read More;

post

Arch Capital acquires Westpac LMI

National Mortgage
Mortgage Finance
5 years ago

Global mortgage insurance provider Arch Capital Group closed a deal that adds the operations of Australia's Westpac Lenders Mortgage Insurance,.. Read More;

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Hurricane Ida winds mayve damaged two-thirds as many homes as Katrina

National Mortgage
Mortgage Finance
5 years ago

The second largest storm in Louisiana’s history may have affected more than 800,000 homes in the state with nearly $193,.. Read More;

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How Inflation is Affecting Mortgages Today

GLM Mortgage Group
Mortgage Finance
5 years ago

Since the beginning of 2021, inflation rates have been coming in at unprecedented levels. Last week, Canada’s inflation rate came in,.. Read More;

post

Mountain states led home price growth for 4 years

National Mortgage
Mortgage Finance
5 years ago

Following 40 straight quarters of annual growth, nationwide housing prices spiked to the highest level since the Federal Housing Finance,.. Read More;

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Home-price gains set another record, fueled by bidding Wars

National Mortgage
Mortgage Finance
5 years ago

U.S. home prices once again jumped the most in more than 30 years.The S&P CoreLogic Case-Shiller index of property values,.. Read More;

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Melton Building Society upgrades governance and risk software

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The Leicestershire-based mutual says it has historically used manual processes and spreadsheets to capture and report on its “compliance, risk,.. Read More;

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Increased number of properties down valued by surveyors

Mortgage Finance Gazette
Mortgage Finance
5 years ago

An estimated 390,285 homes have been down valued by surveyors working on behalf of lenders, who believe the price agreed,.. Read More;

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Purchase approvals drop; net mortgage borrowing falls: BoE

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This is the lowest level seen since July 2020 but, the BoE adds, “remains above pre-February 2020 levels.” Meanwhile, approvals for,.. Read More;

post

Masthaven promotes Connelly to director of lending and credit operations

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Connelly was formerly, director of mortgage lending, but her new role will see her oversee both short and long-term lending,.. Read More;

post

Cadence Bancorp paying $8.5 million to settle redlining allegations

National Mortgage
Mortgage Finance
5 years ago

Cadence Bancorp in Houston has agreed to pay a $3 million penalty and provide more than $4 million in loan,.. Read More;

post

June home price growth breaks record, eclipsing 05 peak

National Mortgage
Mortgage Finance
5 years ago

Housing affordability dropped in June for the fourth straight month as price growth broke a 16-year-old record, according to First,.. Read More;

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