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Better's new CEO pledges enterprise focus after another loss

National Mortgage
Mortgage Finance
2 months ago

Better's new boss is promoting the lender's shift toward an enterprise strategy, a plan which could see it also expand,.. Read More;

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Strong home sales mask impending slowdown for originators

National Mortgage
Mortgage Finance
2 months ago

July's home sale gains are a sign activity might have reached a plateau. Processing ContentClosed home sales surged 7% year-over-year in,.. Read More;

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Warsh's faith in markets sidelines more nuanced Fed policy tools

National Mortgage
Mortgage Finance
2 months ago

(Bloomberg) -- Kevin Warsh's embrace of financial markets to help the Federal Reserve do its job would mean trading more,.. Read More;

post

Why the consumer credit outlook for 2H looks cloudier

National Mortgage
Mortgage Finance
2 months 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 months 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 months 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 months 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 months ago

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

post

AI models drift. Do mortgage companies understand the risk?

National Mortgage
Mortgage Finance
2 months 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 months 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 months 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;

post

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

National Mortgage
Mortgage Finance
2 months 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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Zillow files motion to dismiss third amended RESPA complaint

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Lenders should prep for possible loosening of some FHA rules

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Fed's Jefferson: discount window reforms help Treasury market

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BINOM's latest non-QM pool supports $328.8 million in RMBS

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