National Mortgage News, October 05, 2023–Maria VolkovaThere’s a lot of home equity to be tapped, but a lot of hurdles in doing so, a report published Thursday said.Click here for …
Category: Top National News
Agency Securitization Volume Up Slightly in Third Quarter
Inside Mortgage Finance, Oct. 6, 2023–John BancroftMortgage lenders delivered $282.16 billion of first-lien home loans into the agency secondary market during the third quarter of 2023, a modest 2.3% increase …
Federal Court Rules Against Servicers in Pay-to-Pay Lawsuit
National Mortgage News, Oct. 2, 2023–Spencer LeeA federal district court in Houston ruled in favor of a class-action plaintiff last week in a three-year-old case involving pay-to-pay fees, approving a …
MBA Education Advantage: Learn for Less
MBA Education Advantage is an annual subscription-based training that provides your organization with unlimited access to 200-plus self-studies, complimentary seats in specific courses, discounts on designations and much more. MBA …
MBA Education Advantage: Learn for Less
MBA Education Advantage is an annual subscription-based training that provides your organization with unlimited access to 200-plus self-studies, complimentary seats in specific courses, discounts on designations and much more. MBA …
Federal Court Rules Against Servicers in Pay-to-Pay Lawsuit
National Mortgage News, Oct. 2, 2023–Spencer LeeA federal district court in Houston ruled in favor of a class-action plaintiff last week in a three-year-old case involving pay-to-pay fees, approving a …
Worried About Living in a Flood Zone? Try a House That Floats.
The New York Times, Sept. 29, 2023-Ronda Kaysen As sea levels rise and storms worsen, threatening the planet’s fragile coastlines, some architects and developers are looking to the water not …
Housing Affordability Declines in August – Report
MPA, Sept. 29, 2023-Jonalyn CuetoNew data from the Mortgage Bankers Association (MBA) show the national median payment applied for by purchase applicants has increased slightly to $2,170 compared to July’s …
CFPB Finds Big Jump in Mortgage Payments and Costs Due to High Rates
American Banker, Sept. 27, 2023-Kate BerryThe Consumer Financial Protection Bureau said that higher interest rates have wreaked havoc on the mortgage market causing monthly payments to skyrocket for new homebuyers …
Fed’s Kashkari Warns of Possible Need for More Rate Hikes
Wall Street Journal, Sept. 26, 2023–Bob FernandezNeel Kashkari, president of the Federal Reserve Bank of Minneapolis, gives the U.S. economy a 60% chance of a soft landing with one more …