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Why the consumer credit outlook for 2H looks cloudier

National Mortgage
Mortgage Finance
2 days ago

Key insight: A new survey of consumer credit companies by the American Financial Services Association found they have a negative,.. Read More;

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How AD manages non QM, second liens in securitization

National Mortgage
Mortgage Finance
2 days ago

AD Mortgage's securitization vehicle has been experimenting with what analysts called a novel combination of loan features in the non-qualified,.. Read More;

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Surging mortgage rates heighten fraud risk indicators

National Mortgage
Mortgage Finance
2 days ago

A purchase-heavy market raised mortgage fraud risk in the second quarter, with the distribution of applications opening the door for,.. Read More;

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Envoy Mortgage acquires MasonMac's distributed retail assets

National Mortgage
Mortgage Finance
2 days ago

Envoy Mortgage is acquiring Mason-McDuffie Mortgage's distributed retail assets, adding to the wave of industry consolidation and loan officer moves,.. Read More;

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Mortgage rates keep rising, nearing last July's peak

National Mortgage
Mortgage Finance
2 days ago

Rates on the conforming 30-year fixed mortgage increased 3 basis points this past week and are now higher on a,.. Read More;

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AI models drift. Do mortgage companies understand the risk?

National Mortgage
Mortgage Finance
2 days ago

Zillow ran an active institutional buying program earlier this decade, bidding for and purchasing scores of properties based on what,.. Read More;

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Onity's 2Q revenues jump, other costs tip scales to a loss

National Mortgage
Mortgage Finance
2 days ago

Onity Group's servicing and lending businesses benefited in the second quarter from higher rates and seasonal homebuying, respectively, but the,.. Read More;

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GOP lawmaker calls for GSEs to buy portable mortgages

National Mortgage
Mortgage Finance
2 days ago

A Republican lawmaker wants Fannie Mae and Freddie Mac to buy portable mortgages to open up much-needed housing supply. Processing ContentU.S.,.. Read More;

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Mutual advocates hope new rules can halt sector's long slide

National Mortgage
Mortgage Finance
3 days ago

Key takeaway: Industry advocates believe the proposed rule changes are game-changers that could result in the formation of new mutuals,,.. Read More;

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Who loses when Upstart becomes its own lender?

National Mortgage
Mortgage Finance
3 days ago

Key insight: Upstart expects to move most or all of its loan originations into the national bank it plans to,.. Read More;

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Fed's Cook ready to hike rates 'if necessary'

National Mortgage
Mortgage Finance
3 days ago

Key insight: Federal Reserve Gov. Lisa Cook reiterated an earlier position that she is ready to raise interest rates, but,.. Read More;

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Zillow lays off hundreds as part of 'growth strategy'

National Mortgage
Mortgage Finance
3 days ago

Zillow is laying off hundreds of employees as part of its growth strategy, CEO Jeremy Wacksman announced Tuesday.Processing ContentMore than,.. Read More;

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Dream Finders finally buys Beazer, cites mortgage benefits

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