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Impac Mortgage stops lending, furloughs 333 workers

National Mortgage
Mortgage Finance
6 years ago

Impac Mortgage temporarily shut lending operations and furloughed 333 workers due to market turmoil tied to the novel coronavirus.The Irvine,,.. Read More;

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Mortgage application activity flat, but purchase volume picks up

National Mortgage
Mortgage Finance
6 years ago

Mortgage applications decreased 0.3% from one week earlier, although purchase activity was higher for the first time in six weeks,,.. Read More;

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Mortgage fraud risk drops, but coronavirus could bring new wave

National Mortgage
Mortgage Finance
6 years ago

The risk for mortgage application fraud fell 8.9% in the opening quarter of 2020 from the prior quarter and 26.6%,.. Read More;

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Global financial crime-fighting body backs digital onboarding call

Mortgage Finance Gazette
Mortgage Finance
6 years ago

As the coronavirus pandemic forced the UK into lockdown in March, anti-money-laundering (AML) specialists SmartSearch warned that it is no,.. Read More;

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Mortgage Brain launches coronavirus information centre

Mortgage Finance Gazette
Mortgage Finance
6 years ago

This new reference centre is free of charge and can be plugged in to the many ‘coronavirus hubs’ that have,.. Read More;

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New board appointments at the Equity Release Council

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Claire Singleton, CEO of Legal & General Home Finance; Greg Neilson, MD at Aviva Retirement; Matthew Burton, MD of Mortgages,.. Read More;

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Conversational chatbots can help retirees with initial equity release research

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The research study was conducted by digital retirement solutions provider ABAKA in conjunction with Key. Retired consumers (aged 65–75) engaged in,.. Read More;

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Existing-home sales decline by most since November 2015

National Mortgage
Mortgage Finance
6 years ago

Sales of previously owned homes dropped in March by the most since November 2015, representing weaker demand that likely is,.. Read More;

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Wealthy mortgage borrowers face cold shoulder from lenders

National Mortgage
Mortgage Finance
6 years ago

The wealthiest, most-reliable mortgage borrowers in the U.S. are hearing an unfamiliar word from lenders: No.The global pandemic has flipped,.. Read More;

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Can government do anything to stop mortgage market contraction?

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — As policymakers and mortgage servicers continue to gird for massive loan losses stemming from the coronavirus pandemic, fear,.. Read More;

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5 CARES Act details that every borrower should know

National Mortgage
Mortgage Finance
6 years ago

Future loss mitigation may be most effective if housing-finance industry stakeholders communicate clearly with consumers about these five aspects of,.. Read More;

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FHFA tries to cut liquidity-strained mortgage servicers some slack

National Mortgage
Mortgage Finance
6 years ago

Servicers of loans in forbearance that are backed by Fannie Mae must advance missed payments only for four months, under,.. Read More;

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