Lending

Lending (1519)

Bodnar of MMG: A New Trend to Share with Clients

Bill Bodnar of The Mortgage Market Guide (MMG) discussed how the Fed has played an enormous role in the housing gift that was 2020. This is due to its Bond buys. However things may be changing a bit. Read more...

Bodnar of MMG: The Fed and the Unsaid

Bill Bodnar of The Mortgage Market Guide shares his thoughts on this week’s Fed meeting. Read more...

What Can Housing Market Expect with President Biden?

The U.S. election played against the dark milieu of the devastating COVID-19 pandemic, a stricken economy, and a host of racial and immigration issues. As the 46th president of the United States takes office, it remains to be seen how he will shape the housing market in the country. Read more...

Homeowners OK with Appraisal Process, But That’s Changing: Survey

A new Javelin/ServiceLink survey finds that more than one-third of consumers who recently bought, sold or refinanced their homes expressed a willingness to use self-serve technology in the home inspection process. Most say they believe it would be faster. Read more...

Wolters Kluwer to Acquire eOriginal for $280M

Wolters Kluwer Governance, Risk & Compliance has agreed to buy Baltimore-based eOriginal, a cloud-based digital lending software provider. Read more...

To Stimulate Or Not to Stimulate?

Bill Bodnar of The Mortgage Market Guide (MMG) discusses current stimulus negotiations and the latest pandemic developments. Read more...

Mr. Cooper to Pay $91M to Settle Claims of Deceptive Practices

Nationstar, which now operates as Mr. Cooper, has agreed to pay $91 million to resolve allegations by the Consumer Financial Protection Bureau and 50 state attorneys general that it engaged in unlawful servicing practices. So reports CNBC. Read more...

CFPB Wraps Up Revamp of Mortgage Underwriting Rules

The Consumer Financial Protection Bureau has issued two final rules easing mortgage-lending rules about a borrower’s repayment ability. So reports Reuters. Read more...

Supreme Court Hears Fannie Mae, Freddie Mac Case

The Supreme Court has been listening to oral arguments via phone in a pivotal case involving the Federal Housing Finance Agency and its oversight of mortgage giants Fannie Mae and Freddie Mac since the 2008 financial crisis. So reports the Associated Press. Read more...

Biden Administration Could Play Big Role in Housing

Housing experts foresee President-elect Joe Biden being more engaged in housing issues than previous White House occupants. So reports MarketWatch. Read more...

FOLLOW US