Lending

Lending (1487)

Mortgage Delinquency Rate Falls to Record Low: Black Knight

According to Black Knight’s “First Look” report on monthly mortgage performance data, the U.S. mortgage delinquency rate dropped to a record low of 2.92% in March.  Read more...

U.S. Home Building Improves for Second Straight Month

After five consecutive months of decline, U.S. home building has now increased for two months in a row. So reports Reuters. Read more...

UWM Aims to Hire 500 More Workers Despite Housing Slump

United Wholesale Mortgage has announced that it intends to hire 500 more employees over the coming three months, notwithstanding a housing slowdown that has led rivals to reduce headcount. So reports the Detroit Free Press. Read more...

Bodnar of MMG: Bad News Stems the Rate Rise

The Fed is going "quiet" and their favored gauge of inflation hits next Friday. Read more...

FHA Eyes Changes for Accessory Dwelling Units

The Federal Housing Administration has proposed updates to its guidelines with the aim of making it easier to build or buy a home with an accessory dwelling unit. So reports the Los Angeles Times. Read more...

UWM Disputes Report of Hostile Culture

United Wholesale Mortgage has hit back at a Bloomberg report that portrays a hostile workplace culture, including alleged sexual harassment, drug use and racial discrepancies. So reports The Detroit News. Read more...

Mortgage Rates Fall for Fifth Straight Week

U.S. long-term mortgage rates have recorded their fifth consecutive weekly decline amid moderating inflation. So reports CNN. Read more...

Consumer Confidence About Housing Grows, Still Near Lows

Consumers have become slightly less wary about buying a home, but their confidence levels remain close to historic lows. So reports Realtor.com. Read more...

Bodnar of MMG: Higher for Longer Is Back

"Banking contagion fears erode," says Bill Bodnar of the Mortgage Market Guide (MMG). Hear his take on recent earnings, expected Fed rate hikes and cuts, and technicals and their impact on gains.  Read more...

Bodnar of MMG: A Mixed Bag with a Side of Headline Risk

Bill Bodnar of the Mortgage Market Guide explains why the Jobs Report was a mixed bag and gives a preview of the headline risk in the week ahead.  Read more...

FOLLOW US