UBS sues Bank of America over $200 million Countrywide-related legal costs
Aug 1, 2024Bank of America’s acquisition of Countrywide for $2.5 billion in July 2008 came at a steep cost, as the bank...
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Most Recent Mortgage News
Mortgage
Mortgage activity cools for second straight week
Jul 31, 2024Home lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association....
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Mortgage
Paragon reports new business is higher than expected – Mortgage Strategy
Jul 30, 2024Paragon has reported that new business levels are running ahead of expectations in its Q3 trading update today. Although its...
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Mortgage
Will the Housing Market Crash in 2025?
Jul 29, 2024I got active on Twitter over the past year and change and to my surprise (not sure why it’s surprising...
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Mortgage
How widespread is the housing market’s ‘lock-in’ effect?
Jul 28, 2024The run-up in rates means for the majority of those borrowers, it makes little sense to move, swapping their existing...
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Mortgage
Waterstone Mortgage has best quarter in two years
Jul 27, 2024Waterstone Mortgage reported a second consecutive quarter of profitability, although management at its parent company cautioned about the macro environment...
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Mortgage
22 Jul to 26 Jul – Mortgage Strategy
Jul 26, 2024Mortgage Strategy’s Top 10 Stories of the Week: This week’s highlights include the start of the first ‘mortgage prisoners’ court...
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Mortgage
Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage
Jul 25, 2024By now you’ve heard the news. President Biden dropped out of the 2024 presidential race and paved the way for...
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Mortgage
Is opportunity improving for first-time homebuyers?
Jul 24, 2024For Kristin O’Neil (pictured top), senior loan officer at Open Door Lending, 2024 has seen an uptick in first-time buyers...
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Mortgage
20 states where mortgage delinquency is increasing the most
Jul 23, 2024Enjoy complimentary access to top ideas and insights — selected by our editors. Some mortgage delinquency is inevitable, but when...
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