Tipton & Coseley CEO Newton steps down after decade in role

December 11, 2023by

The chief executive of Tipton and Coseley Building Society Richard Newton will step down from his role at the...

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Nationwide cuts minimum visa validity to one year for resi loans  

December 11, 2023by

Nationwide Building Society has cut the minimum visa validity period required for residential mortgage applications.   The mutual says where...

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Why home prices haven’t crashed even with high mortgage rates

December 10, 2023by

Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation. 2022...

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Mortgage job cuts slow their pace of decline

December 9, 2023by

Employment at nonbank mortgage lenders and brokers dropped by just under 1% between September and October, bucking recent national...

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Wells Fargo settles lawsuit with ex-LO over allegedly discriminatory lending practices

December 9, 2023by

A former mortgage consultant who worked for Wells Fargo and ultimately brought a case against the company in a...

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Fed rate-cut exuberance ebbs after jobs data, boosting U.S. yields

December 9, 2023by

(Bloomberg) -- Treasury yields surged as traders pared expectations for the Federal Reserve to ease monetary policy aggressively next...

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Treasury overhauls community development financial institution certification process

December 9, 2023by

The Treasury Department Friday issued a long-awaited revision to its community development financial institution certification process, a move that...

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How climate risks are influencing home buyers today

December 9, 2023by

Housing stakeholders warn climate risks are already influencing home sale activity and disturbing property values, sentiments shared by a...

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Ginnie Mae details reverse mortgage actions in 2023 annual report

December 9, 2023by

Ginnie Mae released its 2023 annual report this week, touting its additional support for the Federal Housing Administration (FHA)’s...

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Is The Housing Market Entering A Recovery Phase?

December 9, 2023by

December 8, 2023 After briefly approaching the 8% home loan interest rate range, sources (including real estate company Redfin and...

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