Most Recent Mortgage News

29 June to 03 July – Mortgage Strategy

29 June to 03 July – Mortgage Strategy

This week’s top headlines: Nationwide Building Society is expected to axe 600 jobs and Halifax brand to disappear after 173...

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Soft Jobs Report Takes Pressure Off Mortgage Rates

Soft Jobs Report Takes Pressure Off Mortgage Rates

I said it was going to be a big week for mortgage rates and it didn’t disappoint. But oddly, mortgage...

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Finally a decision: Two Harbors stockholders approve CrossCountry merger

Finally a decision: Two Harbors stockholders approve CrossCountry merger

Mat Ishbia, UWM’s president and CEO, had made clear in May that he viewed the outcome as a win for...

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HECM endorsements climb even as securitization slips

HECM endorsements climb even as securitization slips

Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the...

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Accord launches dedicated larger loans service – Mortgage Strategy

Accord launches dedicated larger loans service – Mortgage Strategy

Accord Mortgages has launched a dedicated larger loans service, designed to simplify and tailor the application journey for brokers with...

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Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal

Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal

Looking for mortgage rate relief? It could come without any further improvement in bond yields. Instead, Basel re-proposal, which boils...

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FHA foreclosure pressure builds as May delinquency rate ticks up

FHA foreclosure pressure builds as May delinquency rate ticks up

Cure volumes fell 6% month over month in May, with FHA cures continuing to lag broader market performance, a signal brokers...

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Clash of titans: GSIB proposal pits megabank against megabank

Clash of titans: GSIB proposal pits megabank against megabank

Key takeaway: JPMorganChase and Bank of America objected to the proposed removal of risk-weighted assets from the denominator of the...

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TMW cuts switcher rates as Leeds and Principality trim costs – Mortgage Strategy

TMW cuts switcher rates as Leeds and Principality trim costs – Mortgage Strategy

TMW is lowering rates on its switcher deals tomorrow by up to 25 basis points, following cuts to its new...

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Are Mortgage Rates Finally Poised to Start Falling Again?

Are Mortgage Rates Finally Poised to Start Falling Again?

A while back I noted that mortgage rates were trending higher. This was after a long period of trending lower....

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