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Homepoint laying off hundreds of employees

National Mortgage
Mortgage Finance
3 years ago

Homepoint is laying off hundreds of employees in a move it says will save it over $100 million per year. The,.. Read More;

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Newrez brings out 40-year non-QM loan

National Mortgage
Mortgage Finance
3 years ago

Newrez, the mortgage origination and servicing businesses of Rithm Capital, is bringing a 40-year interest-only non-qualified mortgage to market.The IO,.. Read More;

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Default risk for recent originations comes in higher due to refi mix

National Mortgage
Mortgage Finance
3 years ago

A higher proportion of cash-out refinances is bringing with it increased default risk for conventional mortgages originated in the second,.. Read More;

post

Trigger Mania

GLM Mortgage Group
Mortgage Finance
3 years ago

Trigger ManiaDuring a time of fluctuating interest rates and various economical concerns, brokers at GLM Mortgage Group want to educate,.. Read More;

post

Rockstead appoints Barbour as director of operations

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The appointment of Barbour will strengthen its management team, says the independent asset, business and process review firm founded in,.. Read More;

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HSBC to roll back ERC charges by 30 days

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The high street bank says this means that existing customers can reserve a new rate 120 days before their current,.. Read More;

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Are Fannie Mae, Freddie Mac preparing to accept VantageScore?

National Mortgage
Mortgage Finance
3 years ago

Mortgage lender choice among credit scoring model alternatives reportedly took a step closer to reality, as both Fannie Mae and,.. Read More;

post

Remote working fuels relocation bug among young workers: L&C

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The broker says in a poll that 26% of 16-to-24-year-olds and 23% of 25-to-34-year-olds are planning to relocate now they,.. Read More;

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Fixed rates rise again, led by 10-year price, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Most fixed rates rose in price on average this week, Moneyfacts data shows, with the 10-year fix increasing the most,,.. Read More;

post

Govt launches consultation to upgrade private sector rented homes

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The Department for Levelling Up, Housing and Communities says it wants to hear views on plans to introduce a Decent,.. Read More;

post

Transactions will slump in 2023 as buyers 'sit tight': Hamptons

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The market will end 2022 with prices 5% higher than a year ago after 1.25 million transactions, says the estate,.. Read More;

post

Fannie Mae, Freddie Mac, Cenlar, Fairway make leadership moves

National Mortgage
Mortgage Finance
3 years ago

Also, SWBC lands two new chief officers, Angel Oak ups its correspondent business team and Movement Mortgage taps industry vets,.. Read More;

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