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Tim Johnson, former Senate Banking Committee chairman, dies at 77

Andrew Harrer/Bloomberg WASHINGTON — Sen. Tim Johnson, D-S.D., a former three-term senator and five-term U.S. representative who took...

Mr. Cooper regears posts to sharpen digital mortgage focus

Mr. Cooper is making management changes that put more emphasis on technology and add to a restructuring trend among publicly-traded housing finance companies.The changes...

Why does the rise in vacant homes not solve inventory woes?

Vacant home rates increased nationwide in 2023 over the prior year, and these properties are empty for many reasons beyond simply being uninhabitable, a...

Ginnie Mae discloses rural makeup of MBS for investors

Investors will get deeper insights into rural housing profiles within Ginnie Mae guaranteed mortgage-backed securities.Ginnie will share monthly disclosures detailing the number of loans...

Treasury yields rise as Fed rate-cut hopes fade before CPI

U.S. Treasury yields rose as traders nixed bets on additional Federal Reserve interest-rate cuts this year ahead of inflation data to be released on...

No landlord exodus after introduction of Renters’ Rights Bill: Lomond – Mortgage Strategy

The Renters’ Rights Bill has not yet resulted in the max exodus of landlords that many feared it would, Lomond reveals. The data shows...

Federal flood maps are no match for Florida’s double hurricane

Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast U.S., it's already clear that federal flood-risk maps underpinning decisions by...

Paragon   – Mortgage Strategy

Rents in the North East deliver the highest yields across England and Wales hitting an average of 8.13%, according to Paragon Bank. Typical rental...

Mortgage broker Meridian will be freed From Freddie Mac ban

Mortgage broker Meridian Capital Group will be freed from a Freddie Mac ban months after Freddie stopped buying loans handled by the firm amid...

Gen H Legal introduces fixed fee guarantee for failed transactions – Mortgage Strategy

Gen H Legal has introduced a fixed fee guarantee for failed transactions. As part of the launch, clients will be given the option at...

Hurricane Milton’s damage to Florida could exceed $100 billion

Hurricane Milton, currently a Category 4 storm, is expected to make landfall on Florida's west coast Wednesday night or early Thursday, potentially affecting hundreds...

ModaMortgages in ‘controlled launch’ ahead of national rollout   – Mortgage Strategy

Buy-to-let mortgage lender ModaMortgages has entered a “controlled launch” phase ahead of a national rollout over the coming months. The business, which operates exclusively...

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