Category: Top National News

HousingWire, Apr. 27, 2017–Ben LaneAs the Financial CHOICE Act, the Republican-crafted replacement for the Dodd-Frank Act, it will do so with the support of Steven Mnuchin, the secretary of the Department of the Treasury.

HousingWire, Apr. 27, 2017–Brena SwansonThe company noted that all of the year’s operating earnings improvement emanated from more profitable consolidated underwriting and related services operations.

Bloomberg, Apr. 27, 2017–Prashant GopalThe U.S. homeownership rate is finally poised to rise significantly as household formations by owners grew faster in the first quarter than those by renters–the first time that’s happened in more than a decade.

Bloomberg, Apr. 27, 2017–Joe LightFannie Mae and Freddie Mac have paid $266 billion to the U.S. Treasury. Investors say it’s time for them to get paid.

GoRion, Apr. 27, 2017–Kerry CurryAs the mortgage market’s refinance volume declines, lenders likely will respond with more flexible underwriting standards as they seek to qualify borrowers for purchase loans, an action that may gradually increase credit risk.

Mortgage Daily, Apr. 27, 2017Despite retreating new business at Radian Group Inc., earnings improved, the book of business expanded and loan performance was better.

Mortgage Daily, Apr. 27, 2017–Sam GarciaThis week’s mortgage rates bounced off of 2017 lows last week but are not likely to move higher over the next week.

Mortgage Daily, Apr. 27, 2017The Foothill Ranch, California-based mortgage banking company serviced $34.096 billion in residential loans as of March 31.

HousingWire, Apr. 27, 2017–Ben LaneNeat Capital announced it acquired Whole Loan Solutions, which delivers advisory services to the secondary residential mortgage market.

HousingWire, Apr. 27, 2017–Ben LaneHome Point Financial Corp.’s $211 million acquisition of Stonegate Mortgage Corp. is one step closer to being finalized after Stonegate’s shareholders “overwhelmingly approved” the deal during a special meeting.