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Mortgage application activity slows, but buyer demand to stay robust

National Mortgage
Mortgage Finance
5 years ago

Mortgage applications decreased 0.7% from one week earlier, but lending activity should continue strong for the remainder of the year,.. Read More;

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FinCEN leaks will lead to more AML pressure on lenders

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The incendiary leaks from the US Treasury’s Financial Crimes Enforcement Network (FinCEN) last month have thrown a harsh spotlight on,.. Read More;

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What Is A Debt-to-Income Ratio...and Why Does it Matter? | Mortgage Investors Group

Mortgage Investors Group
Mortgage Finance
5 years ago

What Is A Debt-to-Income Ratio…and Why Does it Matter? ,.. Read More;

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Experian forecasts

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Research by the data services section of the consumer credit reporting firm also found applications soared by as much as,.. Read More;

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Coventry for Intermediaries launches 90% LTV mortgages for two days

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The two five-year fixed rate mortgages are available to all residential clients, not just first-time buyers. Jonathan Stinton, head of intermediary,.. Read More;

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Moneyfacts mortgage customers to be directed to MAB brokers under new partnership

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Under the new partnership users of Moneyfacts will be prompted to get in touch with an MAB adviser as they,.. Read More;

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Darlington unveils enhanced affordability calculator from Legal & General

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Powered by Legal & General the new tool, which is available on the lender’s website, will review borrower affordability, cross-referencing,.. Read More;

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Big drop in forbearances credited to CARES Act-related plans expiring

National Mortgage
Mortgage Finance
5 years ago

Mortgages entering coronavirus-related forbearance fell off a cliff between Sept. 28 and Oct. 4, dropping 49 basis points, according to,.. Read More;

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Mortgage boom fuels strong third quarter at First Republic

National Mortgage
Mortgage Finance
5 years ago

A red-hot housing market drove double-digit gains in loan originations, revenue and net income at First Republic Bank in San,.. Read More;

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Finance of America joins the ranks of nonbanks going public

National Mortgage
Mortgage Finance
5 years ago

Finance of America Equity Capital, a holding company whose business units are involved in forward and reverse mortgages, commercial real,.. Read More;

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July's 120-day delinquencies were double Great Recession's peak

National Mortgage
Mortgage Finance
5 years ago

While overall mortgage delinquencies slowly descend from early pandemic highs, serious delinquencies — especially loans past 120 days due —,.. Read More;

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Mortgage fintechs enjoy an avalanche of VC funding

National Mortgage
Mortgage Finance
5 years ago

Record-low interest rates, high origination volumes and social distancing created a perfect storm for mortgage fintechs to thrive over the,.. Read More;

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