Lending - The Mortgage Leader

Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Lending (1549)

Bill Bodnar of MMG: The Week to Be Dialed In

Monday, 28 October 2019

Lending

Written by Chris Frankie

Bill Bodnar of the Mortgage Market Guide discusses why the week ahead will have a number of factors to watch, including the jobs report, the fed’s favorite gauge of inflation and a probable rate cut. Read more...

Fintech Vendor Total Expert Raises $52M in VC

Wednesday, 30 October 2019

Lending

Written by Chris Frankie

Total Expert, a Minneapolis-based fintech firm that helps banks and lenders with marketing and customer engagement, has raised $52 million in its most recent round of financing. So reports TechCrunch. Read more...

Compass Launches Bridge Lending Program

Thursday, 31 October 2019

Lending

Written by Chris Frankie

Compass has announced Compass Bridge Loan Services. So reports CNBC. The real estate brokerage says will make it easier for homeowners to buy their next home before selling their existing home. Read more...

Younger Veterans Drive VA Lending to 8th Straight Annual Rise

Tuesday, 29 October 2019

Lending

Written by Chris Frankie

VA loans to purchase homes have increased for an eight straight fiscal year, and that’s driven by younger veterans and service members. That’s according to a report by Veterans United Home Loans, the largest U.S. VA lender. Read more...

FHFA's Calabria: U.S. Could 'Wipe Out' GSE Shareholders

Saturday, 26 October 2019

Lending

Written by Chris Frankie

A passing comment by U.S. Federal Housing Finance Agency Director Mark Calabria during a House Financial Services Committee hearing demonstrates how little is set in stone for Fannie Mae and Freddie Mac. So reports MarketWatch. Read more...

Fannie Mae Veteran Joins Fintech Firm FormFree

Friday, 25 October 2019

Lending

Written by Chris Frankie

FormFree, a fintech company, has poached an executive from Fannie Mae. Read more...

CFPB Head Testifies in Heated House Hearing

Wednesday, 23 October 2019

Lending

Written by Chris Frankie

A House Financial Services Committee hearing with Kathy Kraninger, director of the Consumer Financial Protection Bureau, grew heated last week as Democrats contended the agency had walked away from its job of protecting Americans from financial fraud. So reports The Hill. Read more...

Foreclosures Fall to 14-year Low in Q3

Tuesday, 22 October 2019

Lending

Written by Chris Frankie

Foreclosure activity has continued its decline to levels last seen well before the Great Recession, a new report from ATTOM Data Solutions. Read more...