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CRE concerns intensify as stimulus programs expire

National Mortgage
Mortgage Finance
6 years ago

Uncertainty about exposure to commercial real estate continues to dog banks.While many lenders have reported a steady decline in loan,.. Read More;

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OCC reports surge in 'seriously delinquent' mortgages

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — An Office of the Comptroller of the Currency report suggested notable stress on credit quality in the mortgage,.. Read More;

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Going public puts UWM on a level playing field with rivals, CEO says

National Mortgage
Mortgage Finance
6 years ago

By going public through a merger with Gores Holdings IV, United Wholesale Mortgage hopes to get onto a level playing,.. Read More;

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Truist sells off legacy SunTrust CRE loan-servicing platform

National Mortgage
Mortgage Finance
6 years ago

Truist Financial Corp. has sold off one of its commercial real estate loan servicing and asset-management divisions, shedding a legacy,.. Read More;

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Wells Fargo's Scharf apologizes for 'insensitive' comments on Black talent

National Mortgage
Mortgage Finance
6 years ago

Wells Fargo CEO Charlie Scharf apologized Wednesday for earlier comments about workplace diversity that sparked a firestorm of criticism.In a,.. Read More;

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Housing market bounces back, pushes up Chattanooga median prices

National Mortgage
Mortgage Finance
6 years ago

Chattanooga, Tenn., home sales continued last month to rebound from the coronavirus-spurred slump in the spring, boosting the median price,.. Read More;

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Wells Fargo CEO draws fire for 'limited' Black talent comment

National Mortgage
Mortgage Finance
6 years ago

Wells Fargo's top executive created a firestorm on social media over comments that the bank has had trouble meeting its,.. Read More;

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Sterling in N.Y. sheds nonperforming mortgage loans

National Mortgage
Mortgage Finance
6 years ago

Sterling Bancorp in Montebello, N.Y., has completed two loan portfolio sales, including the remaining balance of its small business commercial,.. Read More;

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Mortgage applications increase as purchase activity jumps

National Mortgage
Mortgage Finance
6 years ago

Mortgage applications increased 6.8% from one week earlier as this summer's surprise purchase demand has carried over to the fall,,.. Read More;

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Pandemic propels sales of new homes in Houston

National Mortgage
Mortgage Finance
6 years ago

Sales of new homes climbed in Houston and other large Texas markets in August, with September shaping up to be,.. Read More;

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Restricting criteria: Is this the end to flexibility in underwriting?

Mortgage Finance Gazette
Mortgage Finance
6 years ago

This was one of the questions posed at the recent Power of 8 virtual event run by lenders to answer,.. Read More;

post

Precise launches Help to Buy remortgage and cuts buy-to-let rates

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The specialist lender revealed the Help to Buy offering was available for borrowers who had ‘less than perfect’ credit profiles,.. Read More;

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