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Fed sees 'medium-term' virus risks, keeps zero-rate pledge

National Mortgage
Mortgage Finance
5 years ago

Federal Reserve officials restated their pledge to hold the benchmark interest rate near zero and will keep buying bonds, judging,.. Read More;

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Rapid City real estate agent sentenced for tax evasion

National Mortgage
Mortgage Finance
5 years ago

A Rapid City, S.D., real estate agent must serve more than a year in prison and pay $124,645 in restitution,.. Read More;

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CFPB eases disclosure rules to help consumers affected by COVID-19

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau is relaxing certain disclosure requirements for consumers who have a financial emergency due to the,.. Read More;

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Pending home sales plunge most since 2010 on virus fallout

National Mortgage
Mortgage Finance
5 years ago

Contracts to buy existing homes plunged in March by the most since 2010 as the coronavirus forced people to stay,.. Read More;

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Before pandemic, pace of Seattle housing prices second only to Phoenix

National Mortgage
Mortgage Finance
5 years ago

It's now definitive: Before coronavirus hit, the Seattle area's home market was hotter than almost anywhere else in the country.In,.. Read More;

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Cloud native technology's time has arrived in this volatile climate

National Mortgage
Mortgage Finance
5 years ago

Almost 10 years after it became the business world's biggest buzzword, cloud technology is everywhere, but few mortgage companies have,.. Read More;

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Mortgage applications down, but purchase volume best in a month

National Mortgage
Mortgage Finance
5 years ago

Even though mortgage application volume decreased from one week earlier, lenders had their best week for purchase business since the,.. Read More;

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Mr. Cooper shuts wholesale mortgage purchase channel

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper is exiting the wholesale mortgage business by May 29, according to a message on the webpage brokers use,.. Read More;

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Southern California housing was on track for record spring

National Mortgage
Mortgage Finance
5 years ago

The Southern California housing market was on track for record-setting prices and increased sales before the coronavirus outbreak hit, new,.. Read More;

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CFPB chief operating officer plans move to the FHFA

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau's chief operating officer will take a similar position at the Federal Housing Finance Agency, fulfilling,.. Read More;

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Refis bolstered Flagstar as it grappled with coronavirus impact

National Mortgage
Mortgage Finance
5 years ago

Strong refinance volume drove a 75% year-over-year increase in mortgage banking revenue during the first quarter at Flagstar Bancorp, offsetting,.. Read More;

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Cost of GSEs' mortgage market support may be too steep for lenders

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Lenders welcomed the Federal Housing Finance Agency's recent announcement that Fannie Mae and Freddie Mac can buy loans,.. Read More;

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