Lending

Lending (1521)

Apartment Demand Jumps, Home Rentals Gain Favor

Demand for rental apartments climbed in the second quarter of the year, up 11% from a year earlier. So reports CNBC, citing data from real estate software vendor RealPage. Read more...

California, Hawaii Have the Most Mortgage Debt

California and Hawaii are by far the states with the highest average mortgage debt. So reports 24/7 Wall Street, drawing on 2017 data from Experian and the U.S. Census Bureau. Read more...

Stearns Holdings Files for Bankruptcy in Deal to Stay Open

Stearns Holdings has filed for chapter 11 bankruptcy after what is said was an agreement to stay in operation and preserve jobs. So report Bloomberg and USA Today. Read more...

Mortgage Delinquency Falls to 20-Year Low

Loan performance continued to improve in April as the national mortgage delinquency rate dropped to its lowest level in more than 20 years, according to new monthly data from Corelogic. So reports Forbes. Read more...

Housing Confidence Dips But Remains Near Survey High

The Fannie Mae Home Purchase Sentiment Index® decreased 0.5 points in June to 91.5 after nearing its survey high last month. Read more...

Mortgage Rates Inch Up, Vets to Pay More

Rates for home loans increased modestly in the holiday shortened week ending July 3. So reports MarketWatch. Read more...

U.S. Economic Expansion is Longest in History

The 121-month U.S. economic expansion, which began in June 2009, is the longest in the history of the country, according to the National Bureau of Economic Research. So reports CNBC. Read more...

MBA Releases Q1 Commercial-Multifamily DataBook

The Mortgage Bankers Association's (MBA) has released its first quarter 2019 Commercial/Multifamily DataBook. Read more...

MBA Statement on Trump Housing Affordability Exec Order

Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued a statement regarding President Trump's Executive Order on Housing Affordability. Read more...

Austin Niemiec Named New Executive Vice President of Quicken Loans Mortgage Services

Quicken Loans Mortgage Services (QLMS), the second largest mortgage lender serving the needs of brokers, regional banks and credit unions, today announced that Austin Niemiec has been named Executive Vice President. Niemiec began his career with the company 10 years ago as a mortgage banker and he embodies a “street” focus that came from working… Read more...

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