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How buy now/pay later loans are renovating the home improvement market

National Mortgage
Mortgage Finance
2 years ago

Major renovations that cost thousands of dollars typically aren't impulse purchases. But the home-improvement industry still welcomes the speed and,.. Read More;

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PrimeLending sues Tennessee lender for poaching 100 workers

National Mortgage
Mortgage Finance
2 years ago

PrimeLending claims a competitor raided 100 of its employees in September, stripping it of about 10% of its workforce and,.. Read More;

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LoanDepot adjusts credit line agreement with warehouse lenders

National Mortgage
Mortgage Finance
2 years ago

LoanDepot and two of its warehouse partners recast agreements for lending lines going into 2023, per a filing with the,.. Read More;

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RoundPoint to pay almost $1M in servicing settlement

National Mortgage
Mortgage Finance
2 years ago

RoundPoint Mortgage Servicing Corp. has agreed to pay $975,000 to resolve multiple allegations in Massachusetts, including failure to adequately assist,.. Read More;

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How mortgage, housing industries tackled affordability in 2022

National Mortgage
Mortgage Finance
2 years ago

Focus on special purpose credit programs, down payment assistance and potential mortgage insurance premium cuts came into focus over the,.. Read More;

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New California laws let builders get around zoning to put housing in strip malls. Will it work?

National Mortgage
Mortgage Finance
2 years ago

New laws intended to help developers put housing in old strip malls and parking lots will go on the books,.. Read More;

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Mortgage rates rise for first time in nearly two months

National Mortgage
Mortgage Finance
2 years ago

Thirty-year mortgage rates increased for the first time in seven weeks, as housing sales showed signs of further cooling to,.. Read More;

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Five issues to watch next year at Rohit Chopra's CFPB

National Mortgage
Mortgage Finance
2 years ago

Rohit Chopra, the director of the Consumer Financial Protection Bureau, is ending 2022 on a high note after striking a,.. Read More;

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Delinquency rates drop for the 19th month in a row

National Mortgage
Mortgage Finance
2 years ago

The share of distressed mortgages in the U.S. decreased in October, falling for a 19th straight month, even as early-stage,.. Read More;

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Luxury real estate market stalls

National Mortgage
Mortgage Finance
2 years ago

In the face of uncertain economic conditions, fewer buyers are looking to purchase high-end real estate.The sale of luxury homes,.. Read More;

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6 mortgage news developments to watch in 2023

National Mortgage
Mortgage Finance
2 years ago

The past 12 months were chock full of impactful changes to the home lending industry but keep an eye on,.. Read More;

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Recession, rate hikes, diversity: What's ahead for banks in 2023

National Mortgage
Mortgage Finance
2 years ago

(Bloomberg) --The end of 2022 can't come soon enough for many in the banking industry. Sputtering capital markets, job cuts, raging,.. Read More;

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