Planet Home Lending to take over Axia Home Loan’s retail arm
Aug 4, 2024The news came unexpectedly to many at Axia, who had not anticipated such changes given the company’s employee stock ownership...
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Most Recent Mortgage News
Mortgage
Is the latest jobs report the turning point for rates?
Aug 3, 2024Interest rates on home loans at deadline had reportedly plummeted then moderated following weakness in overall employment numbers that surfaced...
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Mortgage
29 Jul to 02 Aug – Mortgage Strategy
Aug 2, 2024Mortgage Strategy’s Top 10 Stories of the Week: Accord and NatWest are slashing rates tomorrow, and the industry breathes a...
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Mortgage
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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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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