Fannie Mae releases monthly report

October 2, 2023by

Serious delinquency rates, the measure of credit performance as well as an indicator of potential future defaults for single-family...

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Home flippers advised to watch out on pricing as existing home sales decrease

October 2, 2023by

Existing home sales decreased slightly by 0.7% in August to a seasonally adjusted annual rate of 4.04 million units....

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Wholesaler EPM looks to convert retail LOs with new recruiting platform

October 2, 2023by

Equity Prime Mortgage (EPM), which shifted to the TPO business after exiting its retail channel in the fall, has...

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Why are mortgage rates surging?

October 1, 2023by

This statement from the Fed is classic Fed at work. The Fed has not helped its own cause here, as...

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How underwriting technology is progressing as guidance evolves

September 30, 2023by

Artificial intelligence could help lenders navigate secondary market underwriting guidelines, but only if it is in line with the...

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Mr. Cooper CEO Jay Bray on the challenges and opportunities in acquiring Home Point Capital

September 30, 2023by

The recently completed $300 million-plus acquisition of Home Point Capital by Mr. Cooper provided an attractive opportunity to bolster...

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CFPB ‘strikes out’ with reverse mortgage borrower assistance: Guttentag

September 30, 2023by

The Consumer Financial Protection Bureau (CFPB) has regulatory enforcement authority over the reverse mortgage industry at the national level,...

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Commentary: In a tough market, how do reverse mortgage pros stay relevant?

September 30, 2023by

The current reverse mortgage market conditions are not for the faint of heart. The current market is incredibly challenging...

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Fleet Mortgages cuts 5-year BTL deals by 20bps   

September 29, 2023by

Fleet Mortgages has cut rates on all five-year fixes across its three core ranges by 20 basis points.   The buy-to-let...

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Clydesdale launches exclusives, cuts rates by up to 35bps  

September 29, 2023by

Clydesdale Bank has launched new customer products and cut selected rates by up to 35 basis points.   The lender says...

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