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Sterling Bancorp is moving past its mortgage woes

National Mortgage
Mortgage Finance
5 years ago

Sterling Bancorp in Southfield, Michigan, is closer to turning the corner from lingering issues tied to a defunct mortgage program.The,.. Read More;

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Tighter margins in 1Q21 force Impac to accelerate non-QM ramp up

National Mortgage
Mortgage Finance
5 years ago

Impac Mortgage Holdings' return to the non-qualified mortgage business is getting accelerated because of the competition-driven margin compression for conforming,.. Read More;

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Home buying sentiment hits all-time low amid supply shortage

National Mortgage
Mortgage Finance
5 years ago

The extreme housing supply scarcity kept competition fierce and prices high, souring consumers on the purchase market in April.Fannie Mae’s,.. Read More;

post

12 arrested in California for alleged mortgage conspiracy ring

National Mortgage
Mortgage Finance
5 years ago

After a multi-year investigation by the Los Angeles Police Department and Federal Housing Finance Agency’s Office of Inspector General, the,.. Read More;

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FHFA eyes rules to curb short-term rental risk

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency is calling for input on how to better safeguard against potential lending risks associated with,.. Read More;

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Hometrack harnesses new technology to improve AVM acceptance rates

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Part of Zoopla, Hometrack describes itself as the ‘pioneer’ behind the automated valuation model (AVM) which is used by 17,.. Read More;

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Ipswich BS to combine later life and residential mortgages into one range

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The society, which is due to rebrand to Suffolk Building Society later this year, said it would no longer be,.. Read More;

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Mark Bogard elected as new chair of the Building Societies Association

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Bogard, who held the post of deputy chair since May 2019, succeeds Mike Regnier, chief executive of the Yorkshire Building,.. Read More;

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Mortgage rates see little movement, but signs point to changes ahead

National Mortgage
Mortgage Finance
5 years ago

Average fixed-term mortgage rates stayed under 3% for a third straight week, but an improving jobs outlook and economy may,.. Read More;

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MFA Financial to buy additional stake in fix-and-flip lender Lima One

National Mortgage
Mortgage Finance
5 years ago

Real estate investment trust MFA Financial on Thursday announced that it plans to acquire an additional stake in residential business,.. Read More;

post

Rocket on broker battle: We are winning

National Mortgage
Mortgage Finance
5 years ago

A Rocket executive made a subtle dig at United Wholesale Mortgage, without mentioning the crosstown rival by name in its,.. Read More;

post

Home Point broker numbers grow, margins thin amid wholesale price war

National Mortgage
Mortgage Finance
5 years ago

Home Point Capital produced origination gains in the first quarter, but competitive market pricing put downward pressure on its net,.. Read More;

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