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August nonbank mortgage job numbers decline

National Mortgage
Mortgage Finance
5 years ago

Alongside declining lending volumes, nonbank mortgage jobs dropped slightly in August, which may be a start of a trend that,.. Read More;

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Its too easy to launder money through real estate

National Mortgage
Mortgage Finance
5 years ago

In the last five years alone, at least $2.3 billion has been laundered through U.S. real estate transactions, according to,.. Read More;

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Rates for fixed products start to rise, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
5 years ago

For a three-year fix, the average rate gained 3 basis points to 2.34% and the rate for a five-year fix,.. Read More;

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Blog: Should mortgage lenders finance borrowing on modular construction?

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This, he enthused, “would be extremely important to the future of housing”. With MC, most construction takes place in a factory,.. Read More;

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Californias median home price seen topping $800,000 in new peak

National Mortgage
Mortgage Finance
5 years ago

The median price for a home in California is set to jump north of $800,000 next year, adding to a,.. Read More;

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Finova snaps up BEP Systems to boost mortgage platform presence

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Finova’s cloud-based software is used by over 60 lenders and 3,000 brokers, while BEP, launched in 2014, specialises in mortgages,,.. Read More;

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Affordable housing advocate moves closer to top job at Ginnie Mae

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON— President Biden’s nominee to lead Ginnie Mae pledged to lawmakers Thursday that if confirmed, she would do her part,.. Read More;

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Fair-lending suit puts heat on Old National-First Midwest deal

National Mortgage
Mortgage Finance
5 years ago

Fair housing advocates are alleging mortgage discrimination by Old National Bancorp and pressuring the Federal Reserve to take a closer,.. Read More;

post

Credit scores rose for consumers who dealt with COVID hardships

National Mortgage
Mortgage Finance
5 years ago

At least one credit score model revealed improvement for 18.7 million borrowers with financial hardships during the pandemic, new TransUnion,.. Read More;

post

JPMorgan sees rising risk of bonds, stocks falling in tandem

National Mortgage
Mortgage Finance
5 years ago

(Bloomberg) -- Persistent inflation could trigger more spells when bonds and equities move in tandem, according to JPMorgan Chase &,.. Read More;

post

Pessimism about the housing market grew in September

National Mortgage
Mortgage Finance
5 years ago

Amid record-breaking property home price growth, the Fannie Mae Home Purchase Sentiment Index continued its downward trend in September.The overall,.. Read More;

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Mortgage rates dip back below 3% after previous weeks surge

National Mortgage
Mortgage Finance
5 years ago

A week after surging above 3% for the first time since June, mortgage rates retreated back under that threshold.The 30-year,.. Read More;

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