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J.P. Morgan Mortgage Trust issues $257.8 million RMBS for second lien HELOCs

National Mortgage
Mortgage Finance
2 years ago

Interest on a fixed pool of prime HELOCs is the collateral for pass-through certificates issued by J.P. Morgan Mortgage Trust,.. Read More;

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FHFA increases Low Income Housing Tax Credit limit

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Finance Agency will raise its cap for investments government-sponsored enterprises Fannie Mae and Freddie Mac can make,.. Read More;

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Real estate fraudster found guilty in mortgage scam

National Mortgage
Mortgage Finance
2 years ago

A jury convicted a Chicago businessman on 10 counts of financial institution fraud last week for mortgage and credit schemes,.. Read More;

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FBC Mortgage sues New American Funding, again, for poaching

National Mortgage
Mortgage Finance
2 years ago

FBC Mortgage is suing New American Funding, alleging the larger competitor has poached its staff and is interfering with its,.. Read More;

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Is hiring on the horizon for mortgage shops?

National Mortgage
Mortgage Finance
2 years ago

The mortgage industry is starting to prepare itself for an increase in origination volume next year. One telltale sign of,.. Read More;

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New home sales unexpectedly slump to a one-year low

National Mortgage
Mortgage Finance
2 years ago

New home sales unexpectedly slumped in November, led by a sharp drop in the South and suggesting a bumpy road,.. Read More;

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Euphoria on Fed pivot prospects ignores the lagging hangover

National Mortgage
Mortgage Finance
2 years ago

As Wall Street rallies on hopes for interest rate cuts in 2024, the real world is still coming to terms with the,.. Read More;

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Fed's preferred inflation gauges cool, reinforcing rate-cut tilt

National Mortgage
Mortgage Finance
2 years ago

The Federal Reserve's preferred gauge of underlying inflation barely rose in November and trailed policymakers' 2% target by one measure,,.. Read More;

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10 cities where homes are selling faster than last year

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. High mortgage interest rates are proving to,.. Read More;

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Banks ask Biden to rethink more stringent regulation

National Mortgage
Mortgage Finance
2 years ago

U.S. President Joe Biden received a letter from the American Bankers Association on the impact of banking regulation under his,.. Read More;

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First American latest to report a cyber incident

National Mortgage
Mortgage Finance
2 years ago

Details about a cybersecurity incident, the latest in a series affecting mortgage and related businesses, at First American Financial remain,.. Read More;

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Delinquencies up near-term but historically low ahead of '24

National Mortgage
Mortgage Finance
2 years ago

Government-backed loans can be an early indicator of mortgage stress because borrowers tend to have less of a financial buffer,.. Read More;

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