Most Recent Mortgage News

‘Feeling numb’: Celebrities who’ve lost their homes in ‘horrific’ LA wildfire

‘Feeling numb’: Celebrities who’ve lost their homes in ‘horrific’ LA wildfire

“Wildfires continue to be a leading cause of carriers’ refusal to insure large geographic swaths of California or leaving the...

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Fire razes LA enclave bigger than Manhattan

Fire razes LA enclave bigger than Manhattan

Three days after the fire began raging in the Pacific Palisades of Los Angeles, only 8% of it has been contained and...

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Lenders search for calm in turbulent bond market to avoid mortgage rises   – Mortgage Strategy

Lenders search for calm in turbulent bond market to avoid mortgage rises   – Mortgage Strategy

Lenders are closely monitoring the turmoil in the bond markets before deciding whether to lift mortgage rates. This week, 30-year...

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Ally Financial Calls It Quits on Mortgage Lending, Will Lay Off Staff

Ally Financial Calls It Quits on Mortgage Lending, Will Lay Off Staff

Well, 2025 is off to a rough start with one fairly large mortgage lender calling it quits already. Ally Financial...

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CFPB sues Berkshire-owned mortgage lender

CFPB sues Berkshire-owned mortgage lender

The lawsuit claims Vanderbilt relied on unrealistic financial projections for borrowers, failing to account for essential living expenses like food...

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Negative MBS trends reversing: what’s driving the turnaround

Negative MBS trends reversing: what’s driving the turnaround

Trends that once posed challenges for mortgage-backed securities are now transforming into market drivers according to a new report by...

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Significant year ahead for sales and lettings: Propertymark – Mortgage Strategy

Significant year ahead for sales and lettings: Propertymark – Mortgage Strategy

The average number of new prospective buyers registered per member branch saw an uplift in November 2024 to 108 per...

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The Opposite of Paying Points on Your Mortgage

The Opposite of Paying Points on Your Mortgage

Mortgage Q&A: “What is a lender credit?” If you’ve been shopping mortgage rates, whether for a new home purchase or...

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Over 250k homeowners remain in forbearance — report

Over 250k homeowners remain in forbearance — report

“The overall mortgage forbearance rate increased three basis points in November and has now risen for six consecutive months,” said...

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FHFA, Treasury amend GSE conservatorship agreements

FHFA, Treasury amend GSE conservatorship agreements

The Federal Housing Finance Agency and Treasury on Thursday made changes to the pacts the U.S. government has with two...

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