Lending - The Mortgage Leader

Bodnar of MMG: The Most Important Line of the Week "Until substantial further progress is made" was the most important line of the week for anyone buying or selling loans, according to Bill Bodnar of The Mortgage Market Guide.

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Lending (912)

Bodnar of MMG: The Most Important Line of the Week

Friday, 30 July 2021

Lending

Written by The Mortgage Leader

"Until substantial further progress is made" was the most important line of the week for anyone buying or selling loans, according to Bill Bodnar of The Mortgage Market Guide. Read more...

Existing Home Sales Rise After Four Straight Months of Declines

Monday, 26 July 2021

Lending

Written by Chris Frankie

Sales of previously owned homes have finally rebounded after falling for four consecutive months, with a slight increase in housing inventory, too. So reports CNBC. Read more...

FHFA Ends Adverse Market Fee

Sunday, 25 July 2021

Lending

Written by The Mortgage Leader

The Federal Housing Finance Agency has announced that it is eliminating the so-called adverse market fee. So reports MarketWatch. Read more...

Mortgage Rates Fall for Fourth Straight Week

Sunday, 25 July 2021

Lending

Written by The Mortgage Leader

As concern about the spread of the Delta variant sent jitters across global markets, U.S. mortgage rates have dropped for a fourth consecutive week. So reports the Associated Press. Read more...

Biden Boosts Aid for Borrowers at Risk of Foreclosure

Sunday, 25 July 2021

Lending

Written by The Mortgage Leader

The Biden administration has unveiled more help for mortgage borrowers struggling with their payments since the pandemic. So reports Bloomberg. Read more...

Bodnar of MMG: The Impact of the Delta Variant

Sunday, 25 July 2021

Lending

Written by The Mortgage Leader

Mortgage rates improved in response to Delta variant fears, but the rally was stopped dead at a technical level, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

Bodnar of MMG: Love in the Bond Market

Thursday, 22 July 2021

Lending

Written by Chris Frankie

This week rates declined heading into the weekend as Fed Chair Powell showered the bond market with love, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

Purchase & Cash-Out Locks Up in June; Jumbos Gain Market Share: Black Knight

Monday, 12 July 2021

Lending

Written by The Mortgage Leader

After two consecutive months of declines, mortgage rate lock activity picked back up, with increases in both purchase (+6%) and cash-out refinance (10%) originations in June, according to data from Black Knight. Read more...

Mortgage Servicers Prep for End of COVID-19 Bailout Programs

Sunday, 11 July 2021

Lending

Written by The Mortgage Leader

U.S. mortgage servicers are readying for a surge in delinquent loans as the government’s bailout programs finally expire in September and early October. So reports CNBC. Read more...

Fed’s Taper Tightrope Could Keep Mortgage Rates Low

Sunday, 11 July 2021

Lending

Written by The Mortgage Leader

The latest minutes from the Federal Reserve’s Open Market Committee indicate that mortgage rates, at historic lows lately, will probably stay down, at least in the short-term. So reports BankRate.com. Read more...