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CFPB says servicers should offer loss mitigation beyond COVID hardships

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau said it expects mortgage servicers to continue offering forbearances, deferrals and loan modifications to consumers,.. Read More;

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Class-action suit against First Guaranty receives green light

National Mortgage
Mortgage Finance
2 years ago

A lawsuit lodged against First Guaranty Mortgage Corp. by former employees was given class-action status by a federal bankruptcy judge,.. Read More;

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Rent-to-own options gain traction with younger consumers

National Mortgage
Mortgage Finance
2 years ago

A significant portion of younger potential homebuyers would consider participating in a rent-to-own arrangement, a recent survey from Javelin Strategy,.. Read More;

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Fannie picks five groups to receive $5 million in housing contracts

National Mortgage
Mortgage Finance
2 years ago

Fannie Mae has selected five organizations that will receive $5 million in contracts for projects that promote affordable housing and,.. Read More;

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$10B mortgage servicing rights deal may be start of new wave of sales

National Mortgage
Mortgage Finance
2 years ago

An agency servicing portfolio that Incenter has up for bid marks the first public deal above $10 billion in 2023,,.. Read More;

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How digital rent reporting can build ties with future homebuyers

National Mortgage
Mortgage Finance
2 years ago

For those willing to experiment with the strategy, it could be a long-term differentiator.,.. Read More;

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Mortgage applications surge by almost 28%

National Mortgage
Mortgage Finance
2 years ago

New loan activity stormed out of the holidays with a large surge, aided by mortgage rates dropping to lows not,.. Read More;

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How the mortgage industry is adapting to climate change

National Mortgage
Mortgage Finance
2 years ago

The impact of climate change on one of the basic necessities of life — the homes we live in —,.. Read More;

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The Mortgage Lender beefs up distribution team with three promotions - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The business has promoted veteran Sara Palmer to distribution director, taking on overall responsibility for its distribution operations. She will,.. Read More;

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MPowered reduces 3- and 5-year homebuyer rates by up to 27bps - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The fintech lender says, on its prime three-year fixed products, with a £999 arrangement fee, it has reduced rates by,.. Read More;

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How the FTC's proposed ban on noncompetes could impact lenders

National Mortgage
Mortgage Finance
2 years ago

The Federal Trade Commission's proposed rule banning noncompetes is likely to have a substantial impact on the mortgage industry if,.. Read More;

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Dynamo for Intermediaries picks LMS conveyancing platform - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The network says that its “brokers can find the right conveyancing product for their customers and access real-time quotes delivered,.. Read More;

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