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PHH liable for $2M for denying loan modification in divorce case

National Mortgage
Mortgage Finance
3 years ago

PHH Mortgage Services is liable for $1.86 million following an arbitrator's ruling finding that it denied a consumer loss mitigation,.. Read More;

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Ginnie Mae will soon be in the cloud

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae's securitization platform is currently offline, and will be for the next couple of days. When the platform reemerges,.. Read More;

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Ginnie Mae extends deadline for nonbank capital rule

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae on Friday moved the implementation date for its controversial risk-based capital rule that nonbanks are set to become,.. Read More;

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Profits, prices post quarterly drops amid slowing sales

National Mortgage
Mortgage Finance
3 years ago

Seller profits in the third quarter fell 3%, as home prices showed the first signs of declining in years, according,.. Read More;

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Paragon launches four SVR deals for portfolio landlords

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The products are available for portfolio landlords purchasing or remortgaging HMOs (houses of multiple occupation), MUBs (multi-unit blocks) or SSC,.. Read More;

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Three-year fix and 10-year fix both see average rates fall

Mortgage Finance Gazette
Mortgage Finance
3 years ago

However, the average rate for a two-year fix continued its tour upwards, finding 8 more basis points to come to,.. Read More;

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Housing transactions total 112,370 in September: Govt

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is a 32% fall on an annual basis and no change compared to the number seen in August 2022. The,.. Read More;

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Stamp duty receipts set to make record in 2022

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is £2.2bn more on the same period last year. The government report states: “The significantly higher receipts from April 2022,,.. Read More;

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All of CFPB's past actions threatened by appeals court decision

National Mortgage
Mortgage Finance
3 years ago

An appeals court decision that invalidated the Consumer Financial Protection Bureau's payday lending rule has far broader implications, potentially opening,.. Read More;

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Tenants see rents hit record

Mortgage Finance Gazette
Mortgage Finance
3 years ago

While in the capital average rents rose by 3.8% in the period to £2,343 per calendar month, leading to the,.. Read More;

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Consumers could soon see which Plaid apps access their account

National Mortgage
Mortgage Finance
3 years ago

More consumers will soon get to see which companies have access to their financial data rather than needing to memorize,.. Read More;

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Ally Financial reveals $136 million loss in Better.com investment

National Mortgage
Mortgage Finance
3 years ago

The Ally Financial Inc. logo on a smartphone arranged in Saint Thomas, Virgin Islands, United States, on Friday, Jan. 22,,.. Read More;

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