National Mortgage News
282 FOLLOWERS
National Mortgage News is an award-winning comprehensive digital information resource serving the entire residential mortgage industry, including depositories, nonbank lenders and servicers, brokerage firms, vendors and regulators. In addition to providing news analysis and perspective, NMN convenes industry participants to provide insight on topics including regulation, compliance, technology..
National Mortgage News
27s ago
The former mortgage professionals say they routinely worked nights and weekends in excess of 60 hours a week ..read more
National Mortgage News
10h ago
The fireworks that traditionally accompany big bank CEOs' appearances in Congress were absent Wednesday, but instead executives pushed their opposition to the Basel III capital rules and its impact on the economy ..read more
National Mortgage News
13h ago
Procedural limits on condo originations aimed at preventing issues like the Surfside building collapse have frustrated lenders, who will see if this helps ..read more
National Mortgage News
14h ago
The head of the short-selling firm Muddy Waters said he's short Blackstone Mortgage Trust, saying the publicly traded real estate investment trust is exposed to a perfect storm of economic conditions hitting commercial real estate and may face a liquidity crisis ..read more
National Mortgage News
14h ago
Toll Brothers Inc. stock rose as the homebuilder's executives pointed to "solid" demand in recent weeks as mortgage rates pulled back from two-decade highs ..read more
National Mortgage News
16h ago
Heightened government-backed activity also helped bring the average loan size down to its lowest mark in 2023, with purchase amounts falling below $400,000 for the first time since January, the Mortgage Bankers Association found ..read more
National Mortgage News
20h ago
Brokerage giants, reeling from a billion-dollar judgment against them a month ago, face another major trial next year ..read more
National Mortgage News
1d ago
Treasuries resumed their rally on Tuesday as further labor-market slowdown reinforced speculation the Federal Reserve will be able to cut interest rates next year to prevent a recession ..read more
National Mortgage News
2d ago
Rep. Patrick McHenry, chairman of the House Financial Services Committee, says he won't seek reelection next year. He is known for collaboration with Democrats on stablecoin and other issues ..read more
National Mortgage News
2d ago
But the average cost for a mobile home is still more than $300,000 lower than a permanent construction ..read more