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Lending (1539)

MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API

MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API

Friday, 27 January 2023
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Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits. Read more...
Bodnar to MMG: From 75 to 50 to 25 Pretty Darn Quick

Bodnar to MMG: From 75 to 50 to 25 Pretty Darn Quick

Friday, 27 January 2023
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"Good economic news is Good News," says Bill Bodnar of the Mortgage Market Guide. "Despite the good news, the Fed is only expected to raise by .25% next week." Read more...
Delinquencies Tick Up, Prepayments Hit Fresh Low: Black Knight

Delinquencies Tick Up, Prepayments Hit Fresh Low: Black Knight

Friday, 27 January 2023
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The U.S. mortgage delinquency rate edged higher by seven basis points to 3.08% in the month of December, according to Black Knight’s “First Look” at the data. So reports DSNews. Read more...
Goldman Sachs Predicts 2008-Style Housing Crash for Four U.S. Cities

Goldman Sachs Predicts 2008-Style Housing Crash for Four U.S. Cities

Friday, 27 January 2023
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Goldman Sachs has projected that four U.S. cities will experience housing collapses this year similar to what happened in the 2008 financial crisis. So reports Fox Business. Read more...
Ex-Rocket Mortgage Exec Ascends to CEO of QC Ally

Ex-Rocket Mortgage Exec Ascends to CEO of QC Ally

Friday, 27 January 2023
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Mortgage industry executive Nicole Booth has become CEO of QC Ally, which offers loan quality and audit services. So reports MReport. Read more...
Mortgage Rates Slip As Home Demand 'Thawing': Freddie Mac

Mortgage Rates Slip As Home Demand 'Thawing': Freddie Mac

Friday, 27 January 2023
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U.S. long-term mortgage rates have edged lower as financial market participants awaited the Federal Reserve’s interest rate-setting meeting. So reports CNN. Read more...
CFPB Updates Mortgage Servicing Examination Procedures

CFPB Updates Mortgage Servicing Examination Procedures

Monday, 23 January 2023
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The Consumer Financial Protection Bureau has released updates to its mortgage servicing examination procedures. So reports Consumer Financial Services Law Monitor. Read more...
Jay Farner: Market 'Even' Between Buyers, Sellers

Jay Farner: Market 'Even' Between Buyers, Sellers

Monday, 23 January 2023
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Jay Farner, CEO of Rocket Mortgage parent Rocket Companies, says the housing market isn’t a buyer’s market or a seller’s market right now—it’s “even.” So reports CNN. Read more...
How Low Can Home Builders’ Mortgage Rate Offers Go?

How Low Can Home Builders’ Mortgage Rate Offers Go?

Monday, 23 January 2023
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Home builders have been touting mortgage rates going down to 3% or lower as incentives to attract buyers. So reports MarketWatch. Read more...
Mortgage Rates Dip to Lowest Since September 2022

Mortgage Rates Dip to Lowest Since September 2022

Monday, 23 January 2023
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Fresh indicators of cooling inflation have pushed long-term U.S. mortgage rates to their lowest levels since last September. So reports CNN. Read more...

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