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Enra signs loan facility with JP Morgan to fund bridging portfolio

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The facility will allow Enra to fund £750m of loans alongside its other funding sources. The non-bank lender launched its inaugural £270m,.. Read More;

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Total number of households in arrears rises but still 'close to historic lows': UKF

Mortgage Finance Gazette
Mortgage Finance
5 years ago

However, the number of residential households in early arrears fell from 28,670 to 26,560 between Q2 2020 and Q2 2021,.. Read More;

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Non-QM issuers call deals under favorable interest rate environment

National Mortgage
Mortgage Finance
5 years ago

Amid a credit environment already altered by historically low interest rates, jitters about whether inflation will abruptly raise low rates,,.. Read More;

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Fannie Mae to include rent payments in underwriting

National Mortgage
Mortgage Finance
5 years ago

Fannie Mae will factor rental payment history into its mortgage decisioning starting on September 18, the government-sponsored enterprise announced Wednesday.In,.. Read More;

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CFPB servicing rule aims to stave off another foreclosure crisis

National Mortgage
Mortgage Finance
5 years ago

The impending termination of government aid for struggling homeowners is expected to spark a flood of foreclosures as early as,.. Read More;

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10%-50%+ delinquent borrowers didnt request forbearance at some firms

National Mortgage
Mortgage Finance
5 years ago

The share of delinquent borrowers who did not ask for forbearance ranged from 10% or less to more than 50%,,.. Read More;

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Ginnie Mae's misconceptions about credit unions and mortgages

National Mortgage
Mortgage Finance
5 years ago

In July, Ginnie Mae issued a request for input proposing to establish additional, risk-based eligibility requirements for issuers of securities,.. Read More;

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Sagent teams with Figure to bring blockchain to mortgage servicing

National Mortgage
Mortgage Finance
5 years ago

Blockchain technology could make its way into certain components of mortgage servicing if the agreement between Sagent Lending Technologies and,.. Read More;

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Purchase applications rebound for the first time in nearly a month

National Mortgage
Mortgage Finance
5 years ago

Purchase and refinance applications both registered weekly gains and recovered from recent declines, according to the Mortgage Bankers Association.The MBA’s,.. Read More;

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One Mortgage System signs tech deal with The Lending Channel

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The move will see the broker-only firm offer product sourcing without the need to re-key data, plus access to One,.. Read More;

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House price leap boosts home equity to record levels, finds Canada Life

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The financial services firm says the amount of housing equity available to homeowners aged over 55 now stands at an,.. Read More;

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Shawbrook Bank lending rises 26% to hit record levels

Mortgage Finance Gazette
Mortgage Finance
5 years ago

This marks loan book growth of 26.2%, a record level for the specialist lender and helped lead to record profits,.. Read More;

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