Category: Top National News

National Mortgage Professional, Feb. 7, 2020–Phil HallFannie Mae’s Home Purchase Sentiment Index increased from December to January by 1.3 points to 93.0, marking the third consecutive month of upward motion …

National Mortgage News, Feb. 7, 2020–Bonnie Sinnock (subscription)The latest employment numbers show mortgage payrolls were smaller than originally reported, but it also finds industry employment improved by year-end.https://www.nationalmortgagenews.com/news/why-mortgage-jobs-actually-increased-this-winter

Wall Street Journal, Feb. 8, 2020–Orla McCaffrey (subscription)Mortgage rates are at their lowest level in more than three years, potentially boosting the U.S. housing market as it enters the crucial …

HousingWire, Feb. 7, 2020–Brena NathMortgage Bankers Association Senior Vice President of Residential Policy and Member Engagement Pete Mills commented on the importance of the way loan limit changes are handled, …

National Mortgage News, Feb. 7, 2020–Brad Finkelstein (subscription)Ocwen Financial Corp. is on track to become profitable on a pretax basis by the third quarter without any special items enhancing earnings, …

HousingWire, Feb. 6, 2020–Julia FalconAlmost 15 million homes in the U.S. were equity-rich in the fourth quarter, meaning their mortgages were 50% or less of their estimated market value, according …

Scotsman Guide, Feb. 5, 2020–Arnie AurellanoData from the U.S. Census Bureau’s quarterly Residential Vacancies and Homeownership Survey revealed that the nation’s minority homeownership rate increased to 48.6% in fourth-quarter 2019.https://www.scotsmanguide.com/browse/content/minority-homeownership-rate-highest-since-2011?utm_source=The%20Originator_02%2F06%2F2020&utm_medium=email&utm_campaign=The%20Originator

American Banker, Feb. 6, 2020–Kate Berry (subscription)At yet another tense hearing Thursday of the House Financial Services Committee focused on the CFPB, Director Kathy Kraninger butted heads with several lawmakers …

Mortgage News Daily, Feb. 6, 2020–Jann SwansonAvailability of mortgage credit declined slightly last month. The Mortgage Bankers Association said its Mortgage Credit Availability Index dipped 0.2 percent to 181.9 in …

Marketplace, Feb. 5, 2020–Amy ScottThe recent wave of refinancing seems to be more about people taking advantage of lower rates to reduce their monthly payments or to pay off a …