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Fed can shrink reserves by $2 trillion without missing a beat: Waller

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Governor Christopher Waller said roughly $2 trillion of reserves could be taken out of the banking system without,.. Read More;

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Better.com SPAC partner asks for more time to complete merger

National Mortgage
Mortgage Finance
2 years ago

The company seeking to take lender Better.com public is asking its shareholders to extend its merger deadline.Aurora Acquisition Corp. will,.. Read More;

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ICE-Black Knight deal likely to go through, analysts say

National Mortgage
Mortgage Finance
2 years ago

The regulatory obstacles are not likely to derail Intercontinental Exchange's purchase of Black Knight, analysts at Keefe, Bruyette and Woods,.. Read More;

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2024 will see a housing market rebound: Fannie Mae

National Mortgage
Mortgage Finance
2 years ago

Despite some positive economic indicators, the U.S. is still headed for a modest recession sometime in the first half of,.. Read More;

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HUD proposes revamp of fair housing rule

National Mortgage
Mortgage Finance
2 years ago

The Department of Housing and Urban Development is proposing to update the "affirmatively furthering fair housing" rule, fulfilling a previously,.. Read More;

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Fintech nCino cuts 7% of workforce, CFO exits

National Mortgage
Mortgage Finance
2 years ago

Fintech nCino slashed 7% of its workforce, or 117 employees, on Wednesday.Some of the departing employees were from recently acquired,.. Read More;

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HECMs saw greater pullbacks in endorsements at end of 2022

National Mortgage
Mortgage Finance
2 years ago

Home Equity Conversion Mortgages endorsements among reverse originators slowed toward the end of 2022 in what turned out to be,.. Read More;

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Fed's Williams says there's more work to do to cool inflation

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Bank of New York President John Williams said officials have not completed their aggressive tightening campaign to reduce,.. Read More;

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Existing home sales slide to cap biggest annual drop since 2008

National Mortgage
Mortgage Finance
2 years ago

Sales of previously owned U.S. homes fell in December to the slowest pace in over a decade, capping one of,.. Read More;

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LoanDepot invests in Black Knight loan origination system

National Mortgage
Mortgage Finance
2 years ago

Though some lenders have tabled tech initiatives until the origination landscape improves, other players in the market, like loanDepot, are,.. Read More;

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Significant rate drops at all fixed rates, Moneyfacts data shows - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The average rate for a two-year fix fell 10 basis points, to 5.53%, the three-year fix lost 21 basis points,,.. Read More;

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One Mortgage System extends ties with Hometrack AVM - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The mortgage processing platform for brokers says the move gives advisers access to Hometrack’s new Broker Automated Valuation Model, which,.. Read More;

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