Some of the points in last week's Financial Stability Oversight Council report on mortgage servicing overstate potential risk posed by IMBs, writes the Executive Director of the Community Home Lenders of America.
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Millennials are likely to drive purchase business, while Gen X is the most likely refinance candidates, a related Freddie Mac analysis said.
May 17
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The two mortgage consultancy firms touted services that complement each other and will transition to a single brand name in the coming months.
May 17 -
Federal Housing Administration-backed lending was the only mortgage type to grow in volume at the end of last year, but the pace of decline among originations overall also slowed.
May 17 -
Test your knowledge of the biggest mortgage headlines, from new mortgage execs to AI chatbots. No. 2 pencil not required!
May 17 -
The agency seeks the public's thoughts on how the regulatory statement governing FHLBanks could better reflect the part they play in housing finance.
May 16
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The lender will advertise Mortgage Matchup, which features brokers, with prominent television and on-court advertisements during games.
May 16 -
The move further diversifies a company working to grow beyond its roots in what is currently a small — but possibly expanding — single-family distressed market.
May 16 -
Investors reacted negatively to New York Community Bancorp's divestiture of a $5 billion loan warehouse portfolio to JPMorgan Chase. The deal has triggered a debate about whether other banks might retreat from lending to nonbank home lenders.
May 15 -
This is the fourth transaction EasyKnock has made of home equity alternative providers since the start of 2023.
May 15 -
Compared to a year ago, investors bought a greater number of properties and made up a larger share of overall purchases, returning to the market faster than individual buyers, according to Redfin.
May 15
