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Two Harbors leans into MSR profits as bond volatility drives net loss

National Mortgage
Mortgage Finance
3 years ago

Two Harbors Investment Corp. recorded a fourth-quarter loss linked largely to fluctuations in the value of its residential mortgage backed-securities,,.. Read More;

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Mortgage rates rise for first time in a month

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates increased this past week, as last Friday's stronger-than-expected jobs report drove the 10-year Treasury higher in the early,.. Read More;

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Mortgage robocall volume wanes, but TCPA suits persist

National Mortgage
Mortgage Finance
3 years ago

Consumers pestered with millions of mortgage robocalls got some relief at the beginning of the year, according to a new,.. Read More;

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JPMorgan Chase makes cuts to its home lending division

National Mortgage
Mortgage Finance
3 years ago

JP Morgan Chase shed hundreds of employees in its home lending division Wednesday. The company would not confirm the exact number,,.. Read More;

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FSCS says January and December see 13 firms go into default Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The statutory body, which is free to customers, provides protection from authorised financial services firms for money held in bank,,.. Read More;

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Fall in volume of property to let pushing up rents Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Data found that this was an increase of £200 since 2021 and almost £300 since 2019. New instructions were down by,.. Read More;

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Arrears figures stable as 2022 closes: UK Finance Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is a slight rise on the 74,430 counted in Q3 of that year and down on the year previous,.. Read More;

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Halifax Intermediaries boosts green home loans, loosens lending criteria Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The broker-only unit also plans to bring in changes to its affordability criteria “that will offer some more financially resilient,.. Read More;

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MPowered Mortgages cuts 2-, 5-year resi and remortgage rates by up to 31bps Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The fintech lender says its prime two-year fixed-rate products, now start at 4.54% on purchases, and 4.39% for remortgages with a £1,999,.. Read More;

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Annual house price rises slow to 6% in January: e.surv Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The survey points out that January’s rise is 1.1% below the revised rate of 7.1% seen in December, which itself,.. Read More;

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CFPB warns mortgage shopping sites on RESPA violations

National Mortgage
Mortgage Finance
3 years ago

Digital mortgage shopping platforms could be violating the Real Estate Settlement Procedures Act's anti-kickback rules if they provide more prominent,.. Read More;

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Bluestone Mortgages reduces home loan and BTL rates by up to 70bps Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The specialist lender has reduced rates by up to 70 basis points across its residential two- and five-year fixed-rate product,.. Read More;

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