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Lending (1513)

December 2021 Forbearance Rate Slides to 1.41%

December 2021 Forbearance Rate Slides to 1.41%

Friday, 21 January 2022
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The share of mortgage borrowers under agreements to pause or reduce payments continued to slide to end 2021, according to new data from the Mortgage Bankers Association. So reports RISMedia. Read more...
United Wholesale Strikes Chord with Rebranded Music Venue

United Wholesale Strikes Chord with Rebranded Music Venue

Friday, 21 January 2022
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United Wholesale Mortgage has announced a partnership with a venerable Detroit-area music venue that is rebranding under its original name. So reports Detroit Free Press. Read more...
Mortgage Rates Climb for Third Week, Topping 3.5%

Mortgage Rates Climb for Third Week, Topping 3.5%

Friday, 21 January 2022
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U.S. long-term mortgage rates have notched their consecutive weekly increase, returning to their highest since the start of the pandemic. So reports CNN. Read more...
Home Construction Caps 2021 With a Boom

Home Construction Caps 2021 With a Boom

Friday, 21 January 2022
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U.S. homebuilding had a robust finish to last year, with construction starts rising 1.4% in December, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. So reports Builder. Read more...
Redfin to Lay Off 121 Mortgage Employees, Buy Bay Equity

Redfin to Lay Off 121 Mortgage Employees, Buy Bay Equity

Friday, 14 January 2022
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Redfin has signaled that 121 people in its mortgage business will lose their jobs as the company braces for the acquisition of California mortgage lender Bay Equity Home Loans. So reports RISMedia. Read more...
CoreLogic Names Interim CEO as Frank Martell Steps Down

CoreLogic Names Interim CEO as Frank Martell Steps Down

Friday, 14 January 2022
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CoreLogic has tapped Pat Dodd as interim president and CEO, taking over for Frank Martell, who moves to non-executive board chairman. So reports MortgageOrb. Read more...
Refi Candidate Population Shrinks to 7.1M: Black Knight

Refi Candidate Population Shrinks to 7.1M: Black Knight

Friday, 14 January 2022
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With mortgage rates rising, refinance candidates have become fewer and farther between, new data shows. Read more...
Mortgage Rates Surge to Highest Level Since March 2020

Mortgage Rates Surge to Highest Level Since March 2020

Friday, 14 January 2022
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U.S. long-term mortgage rates have logged their second major leap of the year, soaring to their highest since the early days of the pandemic. So reports CNN. Read more...
Bodnar of MMG: Caught Between a Hawkish Fed and Sliding Consumer Sentiment

Bodnar of MMG: Caught Between a Hawkish Fed and Sliding Consumer Sentiment

Friday, 14 January 2022
Lending
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Bill Bodnar of the Mortgage Market Guide says the financial markets continue to be volatile and are caught between a hawkish Fed and multiple rate hikes along with weak retail sales and sliding consumer sentiment. Read more...
Bill Bodnar of MMG: Seeing Shades of 2018

Bill Bodnar of MMG: Seeing Shades of 2018

Sunday, 09 January 2022
Lending
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Bill Bodnar of The Mortgage Market Guide he's seeing shades of 2018. "We expected market volatility and we got it. The Fed Minutes came and the surprisingly hawkish tone hurt bonds, rates and stocks." Read more...

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