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10th housing minister appointed in 10 years

Mortgage Finance Gazette
Mortgage Finance
6 years ago

He replaces Esther McVey who was in the job for seven months but lost the role yesterday following a cabinet,.. Read More;

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Not for sale: Low inventory squeezes Cape Cod housing market

National Mortgage
Mortgage Finance
6 years ago

It's been slim pickings inside the Cape Cod housing market for quite a while, the past year at least.The inventory,.. Read More;

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In Orange County, Calif., 12,854 mortgages are seriously underwater

National Mortgage
Mortgage Finance
6 years ago

Despite a healthy economy and booming real estate market, 2.2% of Orange County mortgages were "seriously underwater" at year's end,,.. Read More;

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Pimco sees 'hidden' value in mortgages that lured record to ETF

National Mortgage
Mortgage Finance
6 years ago

As the hunt for yield intensifies, investors including Pacific Investment Management Co. see an attractive opportunity in mortgage bonds.The appetite,.. Read More;

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Chattanooga area home sales jump in January after record 2019

National Mortgage
Mortgage Finance
6 years ago

After a record year for home sales in 2019, Chattanooga Realtors are starting 2020 with even stronger residential sales.Realtor-assisted home,.. Read More;

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People on the move: Feb. 14

National Mortgage
Mortgage Finance
6 years ago

ArizonaPhoenixWestern Alliance Bank has added Chris Romano to its mortgage warehouse lending team as senior vice president. ,.. Read More;

post

Freddie Mac earnings mixed as it builds net worth

National Mortgage
Mortgage Finance
6 years ago

Freddie Mac saw a decline in net profit in 2019 due to decreased interest rate income, lower amortization revenue and,.. Read More;

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Fannie Mae rededicates itself to hedge accounting, multifamily CAS

National Mortgage
Mortgage Finance
6 years ago

Fannie Mae identified the adoption of hedge accounting and regular issuance of multifamily Connecticut Avenue Securities deals as among strategies,.. Read More;

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Arrears down 9% but repossessions rise by 17%

Mortgage Finance Gazette
Mortgage Finance
6 years ago

In Q4 there were 70,880 cases in arrears and within this total, 21,770 homeowner mortgages had significant arrears (10% or,.. Read More;

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Recent deal surge filling up non-QM RMBS pipeline

National Mortgage
Mortgage Finance
6 years ago

Non-qualified mortgage loan securitization was one of the fastest-rising sectors when it came to private-label activity in 2018 and 2019.For,.. Read More;

post

Another housing minister falls by the wayside

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Writing on Twitter, McVey said: “I’m very sorry to be relieved of my duties as Housing Minister. “I wish my successor,.. Read More;

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Record low for second charge repossessions

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The annual total of repossessions in this market fell to a record low of 98 in 2019 from 149 in,.. Read More;

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