The post Mortgage overpayments surge as borrowers fend off rising interest bills appeared first on Weekly Real Estate News.
Mortgage overpayments surge as borrowers fend off rising interest bills
Housing Wire
Inside the collapse of a top reverse mortgage lender
After returning from the Thanksgiving holiday, the roughly 575 staffers at Reverse Mortgage Funding assembled nervously on two separate Microsoft Teams meetings. On the first virtual meeting, 472 employees received the bad news that many […]
Housing Wire
Housing Market Tracker: Mortgage rates fall after SVB failure
Last week was wild, and not just for the housing market. We had a 21st-century bank run on Silicon Valley Bank and then the federal government took action over the weekend to stop the contagion. […]
Housing Wire
Pricing exceptions are widespread in mortgage — and so are the regulatory risks
Mortgage lenders are offering discounts on loan pricing to capture borrowers. But which customers get a discount and which do not is attracting scrutiny from regulators. Image generated by AI in MidJourney.Mike, a North […]