Ally Financial Calls It Quits on Mortgage Lending, Will Lay Off Staff
Jan 9, 2025Well, 2025 is off to a rough start with one fairly large mortgage lender calling it quits already. Ally Financial...
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Most Recent Mortgage News
Mortgage
CFPB sues Berkshire-owned mortgage lender
Jan 8, 2025The lawsuit claims Vanderbilt relied on unrealistic financial projections for borrowers, failing to account for essential living expenses like food...
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Mortgage
Negative MBS trends reversing: what’s driving the turnaround
Jan 7, 2025Trends that once posed challenges for mortgage-backed securities are now transforming into market drivers according to a new report by...
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Mortgage
Significant year ahead for sales and lettings: Propertymark – Mortgage Strategy
Jan 6, 2025The average number of new prospective buyers registered per member branch saw an uplift in November 2024 to 108 per...
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Mortgage
The Opposite of Paying Points on Your Mortgage
Jan 5, 2025Mortgage 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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Mortgage
Over 250k homeowners remain in forbearance — report
Jan 4, 2025“The overall mortgage forbearance rate increased three basis points in November and has now risen for six consecutive months,” said...
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Mortgage
FHFA, Treasury amend GSE conservatorship agreements
Jan 3, 2025The Federal Housing Finance Agency and Treasury on Thursday made changes to the pacts the U.S. government has with two...
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Mortgage
Mortgage Strategy Top 10 Stories 2024 – Mortgage Strategy
Jan 2, 2025As we wrap up 2024, Mortgage Strategy reflects on a year filled with significant developments in the mortgage market. From...
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Mortgage
2025 Mortgage and Real Estate Predictions: Where Is the Market Headed Next?
Jan 1, 20251. Mortgage rates will move lower and hit the 5s at some point I always start my New Year predictions...
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Mortgage
U.S. Treasury says it was breached by Chinese-backed hacker
Dec 31, 2024The U.S. Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a...
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