Most Recent Mortgage News

Finally a Big Week for Mortgage Rates Thanks to Delayed Jobs Report

Finally a Big Week for Mortgage Rates Thanks to Delayed Jobs Report

I feel like I haven’t written a word about mortgage rates since the government shutdown began. Part of that is...

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Executive: ‘Florida condo crisis’ is Fannie Mae’s fault, but a fix could be coming soon

Executive: ‘Florida condo crisis’ is Fannie Mae’s fault, but a fix could be coming soon

“Number one, it is going to increase the amount of money available for maintenance and keeping condos in the right...

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FHA borrowers face growing payment challenges

FHA borrowers face growing payment challenges

Mortgage delinquencies increased by 6 basis points from the second quarter, as the performance of Federal Housing Administration-insurance loans declined,...

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10 Nov to 14 Nov – Mortgage Strategy

10 Nov to 14 Nov – Mortgage Strategy

This week’s top headlines: FCA chief flags up ‘structural challenges’ to homeownership and OSB Group launches specialist BTL lender Rely...

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No, Fannie Mae and Freddie Mac Haven’t Abandoned Credit Scores

No, Fannie Mae and Freddie Mac Haven’t Abandoned Credit Scores

Social media has been abuzz lately with news that Fannie Mae no longer requires a minimum credit score. Traditionally, both...

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Can a 50-year mortgage work? Brokers offer creative solutions despite backlash

Can a 50-year mortgage work? Brokers offer creative solutions despite backlash

Gret Uttal, president of Cyberlink Software Solutions, has been in the mortgage industry for more than 40 years. He said...

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A 50-year mortgage to double interest paid over tenor, UBS says

A 50-year mortgage to double interest paid over tenor, UBS says

A 50-year mortgage on a median-priced US home could reduce borrower’s monthly repayment, but also double the amount of interest...

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Santander to allow brokers to accept PT offers on behalf of clients – Mortgage Strategy

Santander to allow brokers to accept PT offers on behalf of clients – Mortgage Strategy

Santander has announced from 17 November brokers will be able to accept product transfer offers on behalf of its clients....

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Opendoor and Roam Partner to Push More Assumable Mortgages to Home Buyers

Opendoor and Roam Partner to Push More Assumable Mortgages to Home Buyers

In a bid to make iBuying more lucrative for buyers and sellers, Opendoor has partnered with assumable mortgage platform Roam....

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How a lack of home equity products could cost you customers and referral partners

How a lack of home equity products could cost you customers and referral partners

Tom Davis (pictured top), chief sales officer at Deephaven Mortgage, was shocked to see a recent bank survey showing how...

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