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Lending (1572)

Forbearance Rate Below 5% For 1st Time Since April: Black Knight

Forbearance Rate Below 5% For 1st Time Since April: Black Knight

Friday, 12 March 2021
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This week saw the largest weekly decline in forbearance plans since early January, according to Black Knight’s McDash Flash Forbearance Tracker. Active plans fell by 77,000 from the prior Tuesday, a 2.9% decline. Read more...
Bodnar of MMG: Big Questions on New Bonds and Inflation

Bodnar of MMG: Big Questions on New Bonds and Inflation

Friday, 12 March 2021
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Rates were pretty much unchanged week over week on what was a volatile few days, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...
Fannie Mae Launches 19th Sale of Reperforming Loans

Fannie Mae Launches 19th Sale of Reperforming Loans

Friday, 12 March 2021
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Fannie Mae has announced the start of its 19th sale of reperforming loans, which are loans that were once delinquent but have reperformed for a time period. Read more...
Mortgage Applications Fall for Fourth Time in Five Weeks

Mortgage Applications Fall for Fourth Time in Five Weeks

Friday, 12 March 2021
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Ahead of the pivotal spring homebuying season, mortgage applications have been mired in a consistent decline. So reports Axios. Read more...
Owners of Cheaper Homes Overpay on Property Taxes: Study

Owners of Cheaper Homes Overpay on Property Taxes: Study

Friday, 12 March 2021
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The property tax valuations for cheaper homes are a higher ratio of the homes value than for more expensive homes, a new study by University of Chicago Harris School of Public Policy Professor Christopher Berry finds. So reports Bankrate. Read more...
Senate Confirms Marcia Fudge as Biden’s HUD Secretary

Senate Confirms Marcia Fudge as Biden’s HUD Secretary

Friday, 12 March 2021
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The Senate has voted to confirm Rep. Marcia Fudge, an Ohio Democrat, as Secretary of Housing and Urban Development under the Biden administration. So reports Cox Media. Read more...
Bodnar of MMG: What Can the Fed Do To Pin Down Long-term Rates?

Bodnar of MMG: What Can the Fed Do To Pin Down Long-term Rates?

Friday, 05 March 2021
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Interest rates stabilized a bit this week, according to Bill Bodnar of The Mortgage Market Guide. However, the Fed has lost the long-end of the bond market, meaning rates are ticking higher despite the bond buying. Read more...
Fannie Mae Boosts Board of Directors, Adding Pair of Academics

Fannie Mae Boosts Board of Directors, Adding Pair of Academics

Friday, 05 March 2021
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Fannie Mae has named two veterans of academia to its board of directors, the government-backed housing finance giant has announced. Read more...
U.S. Economy Adds 379,000 Jobs in February As Hiring Surges

U.S. Economy Adds 379,000 Jobs in February As Hiring Surges

Friday, 05 March 2021
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Job growth took off last month, particularly in the hard-hit service sector, as distribution of COVID-19 vaccines boosted the U.S. economy. So reports CNBC. Read more...
Powell: Fed Will Be 'Patient' on Rates Amid Inflation Worries

Powell: Fed Will Be 'Patient' on Rates Amid Inflation Worries

Friday, 05 March 2021
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Federal Reserve chairman Jerome Powell has signaled that the central bank would maintain its easy monetary policy even if faced with a short-term rise in inflation. So reports Yahoo! Finance. Read more...

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