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David Krechevsky

Editor

David Krechevsky was an editor at NMP.

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Fitch: Non-Bank Mortgage Lenders Can Weather The Storms

Ratings service says they are well-positioned to handle liquidity and funding challenges.

Jul 06, 2023
Mortgage Applications Fall As Rates Rise

MBA says applications down 4.4% last week after 2 straight increases, as the 30-year mortgage rate rose.

Jul 05, 2023
FHA Urged To Modify Proposed Loss-Mitigation Plan

MBA, ABA, NMSA sign joint letter seeking to simplify & clarify the plan, as well as to extend the time to implement it.

Movement Mortgage To Pay $23.75M To Settle False Claims Act Probe

Lender accused of not following guidelines for originating, underwriting some FHA, VA loans.

Guaranteed Rate Acquires Full Ownership of Premia

Relocation mortgage firm was previously a joint venture with Sirva.

Jul 05, 2023
FTC Delays Hearing On ICE-Black Knight Merger

Rescheduled for September to allow federal court to rule on injunction first.

Jun 30, 2023
UWM Expands Non-QM Loan Program

Analyst says expansion of Bank Statement Loan Program just another way to serve the market.

Jun 29, 2023
Mortgage Rates Tick Up After 3 Weeks Of Declines

The 30-year fixed mortgage rate averaged 6.71% this week.

Jun 29, 2023
Angel Oak Mortgage REIT Issues $284.5M Non-QM Securitization

Calls securitization an 'inflection point' for the company.

Jun 29, 2023
Pending Home Sales Fell 2.7% In May

NAR says housing market remains resilient, with approximately 3 offers for each listing.

Jun 29, 2023