Lending

Lending (1146)

Santander Bank, Rocket Mortgage Team Up

Rocket Mortgage is now the exclusive preferred mortgage provider for Santander Bank customers, the companies announced. Read more...

Rate Locks Fall in July for Fourth Straight Month: Black Knight

Rate lock activity slid 14.4% in July, marking a fourth consecutive month of declines. That’s according to Black Knight’s latest Originations Market Monitor report. Read more...

Mortgage Demand Posts First Weekly Increase Since June

A key weekly measure of mortgage demand has edged upward, marking its first weekly rise since June 24. So reports CNBC. Read more...

Cost-Cutting Leads Lenders' 2022 Business Priorities: Fannie Mae

Reducing expenses has become the most commonly cited business priority among senior mortgage executives surveyed by Fannie Mae, the mortgage finance giant announced. Read more...

Loan Transfers Hurt Customer Satisfaction: J.D. Power

Customer satisfaction suffers when a loan is transferred from an originator to a different servicer. That’s according to J.D. Power’s 2022 U.S. Mortgage Servicer Satisfaction Study. Read more...

Mortgage Rates Tick Up as Activity Hits 22-Year Low

Weekly long-term U.S. mortgage rates have inched upward, as mortgage demand sank to its lowest in 22 years. So reports Yahoo! Money. Read more...

Rocket Mortgage Expands Into Canada with Edison Rebrand

Windsor, Ontario-based digital mortgage broker Edison Financial has announced that it is changing its name to Rocket Mortgage Canada, bringing the biggest U.S. mortgage company’s brand to the Great White North. So reports Toronto’s Storeys. Read more...

United Wholesale Mortgage CFO Timothy Forrester Dies at 55

United Wholesale Mortgage chief financial officer Timothy Forrester has passed away at age 55 after a fight with cancer. So reports The Detroit News. Read more...

Bodnar of MMG: The ECB Did Us a Solid

"The ECB did us a solid," says Bill Bodnar of the Mortgage Market Guide (MMG). The Fed will soon raise rates by .75% again, he adds. Read more...

Bodnar of MMG: A Good Reminder on the Fed

"We saw the highest inflation reading in four decades and mortgage rates stabilized....why?" asks Bill Bodnar of the Mortgage Market Guide.  Read more...

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