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Bay Area home sales fall by half in May compared to last year

National Mortgage
Mortgage Finance
6 years ago

The coronavirus pushed Bay Area home sales off a cliff in May.The number of existing, single-family home sales that closed,.. Read More;

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Loans Warehouse enlists Credit Kudos as open banking provider

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The second mortgage broker said it was more important than ever to access up-to-date information and lend responsibly and traditional,.. Read More;

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Nationwide extends mortgage holidays by three-months for members

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Yesterday, Leeds Building Society announced it had updated and improved its online application process for those who wish to temporarily,.. Read More;

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Ipswich pulls five-year buy-to-lets following flood of applications

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The five year standard buy-to-let and five-year expat buy-to-let fixed rate products will be taken off the market from today,,.. Read More;

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Tough legacy mortgage contracts next steps for transitioning away from LIBOR

Mortgage Finance Gazette
Mortgage Finance
6 years ago

These ‘tough legacy’ contracts, which the FCA recently described as a “knotty problem”, pose a risk to market stability. The,.. Read More;

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Dudley results reveal most successful year to date

Mortgage Finance Gazette
Mortgage Finance
6 years ago

It reported 2019/2020 was its most successful year to date and one in which the building society grew by 23%. Lending,.. Read More;

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FCA calls on equity release firms to provide more tailored advice

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The regulator has called on firms in the sector to ensure they always give appropriate equity release advice after uncovering,.. Read More;

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FHFA translates mortgage servicing scripts for coronavirus aid

National Mortgage
Mortgage Finance
6 years ago

Soon after the coronavirus crisis began, the Federal Housing Finance Agency posted information that servicers could use to help borrowers,.. Read More;

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What's the motivation behind Black Knight's common stock offering?

National Mortgage
Mortgage Finance
6 years ago

Proceeds from Black Knight's latest common stock offering, estimated to hit $435.55 million, may be used primarily to pay down,.. Read More;

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Slimmed-down NewRez turns to MSR securitization

National Mortgage
Mortgage Finance
6 years ago

New Residential Resident Corp., fresh off a substantial first-quarter reduction of its investment portfolio, is now planning to securitize the,.. Read More;

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Federal housing agencies extend foreclosure moratorium to Aug. 31

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — The Federal Housing Finance Agency is extending its foreclosure and eviction moratorium for loans backed by Fannie Mae,.. Read More;

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Home prices will recover quickest in cities with many IT, finance jobs

National Mortgage
Mortgage Finance
6 years ago

As the country reopens, the housing market continues to rebound from coronavirus shutdowns. And while economic uncertainties remain and some,.. Read More;

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