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Ginnie Mae's new capital rules draw split opinions

National Mortgage
Mortgage Finance
3 years ago

While Ocwen and smaller players have shown concern about the impact of new risk-based capital requirements Ginnie Mae plans to,.. Read More;

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Average LTV inched down to a record low in 2Q

National Mortgage
Mortgage Finance
3 years ago

The average loan-to-value ratio for mortgages in the United States fell to its lowest point since at least 2010 during,.. Read More;

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How credit unions are improving outreach to minority communities

National Mortgage
Mortgage Finance
3 years ago

Jessica Encarnacion's credit score was in the mid-500s when she left her husband about five years ago, taking her son,.. Read More;

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Mortgage loan defect rate improves in 2Q

National Mortgage
Mortgage Finance
3 years ago

While mortgage applications submitted during the first quarter had fewer critical defects compared with the prior quarter and year, issues,.. Read More;

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Coventry for intermediaries launches 3-year loans

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The broker-only arm of Coventry Building Society says the range will match the corresponding rates in its range of two-year,.. Read More;

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Blog: Only a granular data approach will deliver a duty of care

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Mark Blackwell Chief Operating Officer, Core Logic UK It is impossible to have missed the Financial Conduct Authority (FCA) long-awaited new,.. Read More;

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Weekly rate watch: Prices march higher

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average rate for a 10-year fix was not too far behind, pushing up 27 basis points to 4.62%, while,.. Read More;

post

Mortgage tech newcomers break down old walls

National Mortgage
Mortgage Finance
3 years ago

Younger mortgage tech software developers reveal new efficiencies they're creating for lenders.,.. Read More;

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Five Mortgage-Related Thoughts on the Bank of Canada's Latest Rate Hike | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

The Bank of Canada (BoC) raised its policy rate by 0.75% last Wednesday, and that means our variable-rate mortgages and,.. Read More;

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CMME partners with Twenty7tec on APPLY platform

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It says the integration will allow data to move freely from CMME’s customer relationship management system to Twenty7tec’s platform, making,.. Read More;

post

Mortgage product numbers fall dramatically, shows Moneyfacts data

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is the smallest number counted since April 2021, when there were 3,842 products on the market, and is 1,425,.. Read More;

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Construction output falls in July for second month in a row: ONS

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The fall comes after a month-on-month 1.4% decrease in June and follows seven consecutive months of growth in the industry,,.. Read More;

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