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Ginnie Mae reduces minimum size for securitized HECM pools by 75%

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae announced changes to the minimum size for loan pools backing reverse mortgage securitizations, as it attempts to reduce,.. Read More;

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Black homeownership much lower than population share

National Mortgage
Mortgage Finance
3 years ago

Black homeownership rates in each of the nation's 50 largest metro areas has been smaller than population share in those,.. Read More;

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Commercial property market freezes, sending bond volume plummeting

National Mortgage
Mortgage Finance
3 years ago

Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into,.. Read More;

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Leading economic index falls for a 10th straight month

National Mortgage
Mortgage Finance
3 years ago

An index of U.S. leading economic indicators fell in January for a 10th straight month, reflecting declines in consumer expectations,.. Read More;

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New home mortgage apps break slump, rise on sliding rates

National Mortgage
Mortgage Finance
3 years ago

Sliding mortgage rates at the beginning of the year drove applications for new home purchases in January up 42% from,.. Read More;

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Speculation Tax Notice 2023 - GLM Mortgage Group

GLM Mortgage Group
Mortgage Finance
3 years ago

Canada’s Cost of Living January has been a tough month for many as we prepare for what could be a,.. Read More;

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CrossCountry Mortgage accused of not paying its employees

National Mortgage
Mortgage Finance
3 years ago

A former CrossCountry Mortgage employee claims the lender failed to pay workers as mortgage activity slowed last year, and is,.. Read More;

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NatWest sees profits rise sharply in 2022 Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The report details the bank as seeing mortgage growth of £14.4bn in the year to December 2022, powering a net,.. Read More;

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Fixed rate price drops slow down, Moneyfacts data reveals Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average rate for a two-year fix fell 3 basis points, to 5.33%, and the average rate for a three-year,.. Read More;

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Purplebricks looking at sale on back of profit warning Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In a statement released today, the UK online estate agent said while its brand had value due to its name,.. Read More;

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Second charge business down in December but up for 2022, says FLA Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

There were 2,106 new agreements in December 2022 and despite the fall from the same month in 2021, the number,.. Read More;

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Suffolk Building Society lifts mortgage book by 7% Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The mutual says its housing loan book lifted 7% to £655m “due to high demand earlier in the year, particularly,.. Read More;

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