Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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Home price appreciation remained modest as affordability and tight inventory keep demand down, though prices are expected to accelerate in 2020, according to CoreLogic.
May 7 -
Consumers always want more bang for their buck and are moving to places where their dollar goes further. With that as a driver, here's a look at the 10 hottest housing markets homebuyers are flocking to, according to Redfin.
May 6 -
Alarmed about continued high nonmarket-based prepayment rates, Ginnie Mae is requesting input from lenders on how to make the mortgage-backed securities it guarantees fairer to investors without hurting borrowers.
May 3 -
With nearly $90 million added in the past two months, Goldman Sachs marched closer to its $1.8 billion consumer-relief mortgage settlement with the U.S. Department of Justice.
May 2 -
Freddie Mac will keep building on the financial reforms that produced profitability during conservatorship as broader government-sponsored enterprise proposals take shape, according to departing CEO Don Layton.
May 1 -
In a long-term attempt to stabilize its earnings from the cyclical nature of home loans, HomeStreet took a loss in the opening quarter of 2019.
April 30 -
Growing wages combined with flat mortgage rates handed homebuyers' increased affordability with a 2.4% boost in purchasing power for February, according to First American Financial Corp.
April 29 -
Even after integrating the 52 Wells Fargo branches acquired in December as part of its efforts to diversify beyond home lending, Flagstar Bancorp's first-quarter earnings were driven by increased mortgage revenue.
April 23 -
After a strong February, existing-home sales took a U-turn in March. While buyer conditions heat up and mortgage rates remained low, consumers took a patient approach — especially in the expensive West Coast markets.
April 22 -
Ally Financial took a stake in Better Mortgage, just the latest in the growing trend of banks investing in mortgage fintech companies to enhance their digital lending offerings.
April 18
