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Mortgages for new homes see summer resurgence - National …
WEBAug 16, 2024 · The FHA share of new-home loan applications also increased to a new record high, according to the Mortgage Bankers Association.
Swiss bank reports agreement to sell U.S. mortgage unit
WEBAug 14, 2024 · Swiss bank reports agreement to sell U.S. mortgage unit. UBS Group has found a buyer for the Select Portfolio Servicing unit it inherited when it purchased the troubled Credit Suisse last year, an executive told analysts during an earnings call.
Top mortgage producers of 2021 | National Mortgage News
WEBApr 12, 2021 · The Top Producers of 2021: The complete list. Given that the mortgage industry had its best year ever for originations in 2020, it would naturally follow that individual loan officer production for the year would break some records. For the first time in the 23-year history of the Top Producers survey, there is a billion dollar producer at the ...
Multifamily lending sees steep pullback - National Mortgage News
WEBAug 15, 2024 · While the total dollar volume of apartment originations fell last year, the number of companies making loans increased from 2022, the Mortgage Bankers Association said.
In a surprise, mortgage rates rose this week - National Mortgage …
WEBAug 15, 2024 · In a surprise, the Freddie Mac Primary Mortgage Market Survey found the 30-year fixed rate mortgage increased by 2 basis points this week, bucking industry expectations.
Mortgage rates sink after jobs report - National Mortgage News
WEBAug 8, 2024 · Mortgage rates dropped by 26 basis points this past week, as the market reaction to last Friday's jobs report, at least early in the period, drove bond yields down.
Mortgage rates rise on anticipation of economic news
WEBJul 25, 2024 · Mortgage rates moved up slightly last week, in anticipation of news regarding economic growth and inflation on Thursday morning. When those reports did come out, they drove down the yield on the benchmark 10-year Treasury used to price loans.
2021 mergers and acquisitions in the mortgage industry | National ...
WEBDec 26, 2021 · Lenders took advantage of the exceptional business environment to make deals throughout the last 12 months.
Homeowners insurance a hidden risk for secondary market
WEBAug 12, 2024 · Homeowners insurance is labeled as one of the hidden costs for property owners, and their escalating prices could have an impact on the secondary and capital markets, in terms of loan salability and performance.
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