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Fannie Mae, Freddie Mac regulator ushers in new housing index

The Federal Housing Finance Agency introduced two new datasets to provide industry insights into manufactured housing, as consumers increasingly...

Molo, Coventry, co-op and LiveMore – Mortgage Strategy

Molo, Coventry for Intermediaries, the co-operative bank for intermediaries and LiveMore have all announced changes. The repricing and product withdrawals from a range of...

LIFT-Financial acquired by Brooks Macdonald for £45m – Mortgage Strategy

Investment management firm Brooks Macdonald has acquired advice business LIFT-Financial, including brand names LIFT-Mortgages and LIFT-Invest. A statement from Brooks Macdonald states that an...

Judge allows Mr. Cooper pay-to-pay suit to move forward

A federal lawsuit accusing Mr. Cooper of charging junk fees will advance over the servicer's objections.A judge Monday denied Mr. Cooper's motion for judgment...

There’s still much to play for – Mortgage Strategy

Welcome, dear reader, as windswept leaves fall around us like mortgage rates, whirling like dervishes in a cacophony of rebroked applications. In other words,...

Rising rates dim refinance activity for conventional loans

Rising mortgage rates last week kept consumers on the sidelines. The Mortgage Bankers Association reported both purchase and refinance applications receding last week, continuing a...

Broker reaction   – Mortgage Strategy

Repricing and product withdrawals from a range of lenders may be a signal that weeks of rate cuts may have come to an...

Mortgage groups take aim at homeownership gap

Building on an existing program, the Mortgage Bankers Association is spearheading 14 housing industry players, including other trade associations and the government-sponsored enterprises, in...

Second charge volumes up 16% in August: FLA – Mortgage Strategy

The second charge mortgage market reported its eighth consecutive month of new business growth with volume up 16% in August, according to the...

Fed rate cut, CFPB leaders on AI and more for September 2024

Enjoy complimentary access to top ideas and insights — selected by our editors. In September's news roundup in the mortgage industry, learn more...

Foundation’s BTL arm adds HMO and MUFB products – Mortgage Strategy

‘Buy to Let’ by Foundation has added products to its range covering larger houses of multiple occupancies (HMOs), multi-unit freehold blocks (MUFBs) and...

Housing market treads water in September: e.surv – Mortgage Strategy

The average September house price now stands  at £353,958 in England and Wales, down  £200 on August, according to the September House Price...

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