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Recent reports by Standard & Poor’s, Experian and an industry trade group show changes in loan performance and credit over the course of the past month.
February 16
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The buyers spent an average of $433K per house and paid cash in three of every four purchases, Redfin reported.
February 16
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Credit availability also tightened in January, contributing to early 2022’s lending slowdown, according to the Mortgage Bankers Association.
February 16
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Current president Joe Nackashi will become CEO in place of Anthony Jabbour who will be taking the role of executive chairman.
February 15
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The lender and servicer cited negative media coverage over two dozen times in a filing describing the fallout of CEO Vishal Garg’s mass layoffs in December.
February 15
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"The quality of our new business is high. The pricing of that business does not reflect the capital requirements of our regulatory rule," CEO Hugh Frater said.
February 15
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Remote workers and young families fleeing coastal cities for the Sun Belt during the pandemic spurred double-digit increases in housing costs and squeezed supply.
February 15
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Heidi Mason takes over as head attorney of the government-sponsored enterprise from Jerry Weiss, who had been in the position on an interim basis.
February 14
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Guidelines first eased during the coronavirus pandemic have been signed into law.
February 14
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Cryptocurrency exchanges and other financial services companies were stars amid a Super Bowl ad blitz that featured the return of many longtime sponsors and an overall more upbeat mood than last year.
February 14
