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Lending (1534)

Construction Hits 13-Year High, But Lacks Workers

Construction Hits 13-Year High, But Lacks Workers

Friday, 24 January 2020
Lending
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As new government figures arrive showing a sharp uptick in new U.S. home construction in December, a Federal Reserve official has warned that building is being held back by a labor shortfall. So reports MarketWatch. Read more...
Annual Foreclosures Sink to Pre-Crisis Record Low

Annual Foreclosures Sink to Pre-Crisis Record Low

Thursday, 23 January 2020
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U.S. foreclosure activity last year tumbled to the lowest level since ATTOM Data Solutions started keeping track in 2015, the property data provider has announced. Read more...
Rates Inch Higher, But Geopolitics Could Help Borrowers

Rates Inch Higher, But Geopolitics Could Help Borrowers

Sunday, 19 January 2020
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While long-term mortgage rates edged upward last week, experts said ongoing global political uncertainty could benefit prospective home buyers. So reports MarketWatch. Read more...
MBA Forecast: Commercial/Multifamily Lending to Climb 9% to $683B in 2020

MBA Forecast: Commercial/Multifamily Lending to Climb 9% to $683B in 2020

Monday, 13 January 2020
Lending
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Commercial and multifamily mortgage bankers are expected to close a record $683 billion of loans backed by income-producing properties in 2020, a 9% increase from 2019’s anticipated record volume of $628 billion, according to a new forecast from the Mortgage Bankers Association (MBA). Read more...
What Does the Expiration of the CFPB’s Qualified Mortgage 'GSE Patch' Mean for Lenders?

What Does the Expiration of the CFPB’s Qualified Mortgage 'GSE Patch' Mean for Lenders?

Thursday, 16 January 2020
Lending
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Last Friday marked the one year countdown until GSE patch on non-qualified mortgages is set to expire. This is not a lot of time. Read more...
2020 Mortgage Lending Resolutions: 7 Tips for a Successful 2020

2020 Mortgage Lending Resolutions: 7 Tips for a Successful 2020

Friday, 17 January 2020
Lending
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Maxwell has released its latest ebook, 2020 Mortgage Lending Resolutions: 7 Tips for a Successful 2020. Read more...
Fed Vice Chair Says Economy is in a 'Good Place'

Fed Vice Chair Says Economy is in a 'Good Place'

Thursday, 16 January 2020
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Federal Reserve Vice Chairman Richard Clarida said the U.S. economy is in a “good place,” during recent remarks. He also vouched for the central bank’s current stance on interest rates. So reports MarketWatch. Read more...
HUD to Scrap Obama-Era Desegregation Rule

HUD to Scrap Obama-Era Desegregation Rule

Wednesday, 15 January 2020
Lending
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The Department of Housing and Urban Development has unveiled a proposed rule that rolls back 2015 fair housing regulations put in place by the Obama administration. So reports The Hill. Read more...
Mortgage Rates Dive to Three-Month Lows on Iran Tensions

Mortgage Rates Dive to Three-Month Lows on Iran Tensions

Monday, 13 January 2020
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Last week, mortgage rates fell to their lowest levels since October as investors worried about a military back-and-forth between the United States and Iran. So reports MarketWatch. Read more...
California Governor Pushes Plan for State CFPB

California Governor Pushes Plan for State CFPB

Tuesday, 14 January 2020
Lending
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California Governor Gavin Newsom has proposed a new California Consumer Financial Protection Law, modeled on the federal Consumer Financial Protection Bureau. Read more...

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