Lending

Lending (1519)

Mortgage Forbearance Numbers Improve for Fourth Straight Week

Weekly figures on borrowers who need a break on their mortgage payments have been showing signs of improvement in recent weeks. So reports CNBC. Read more...

FHFA’s Calabria Hits Back at Congress Over Refinance Fee

In congressional testimony, Federal Housing Finance Agency director Mark Calabria defended Fannie Mae and Freddie Mac’s new 0.5% adverse market fee on certain refinances. So reports Seeking Alpha. Read more...

U.S. Mortgage Supply Falls to Lowest Since March 2014: MBA

Mortgage lenders haven’t been this choosy about to whom they will lend money to in several years. So reports MarketWatch. Read more...

Mortgage Rates Stay Near All-Time Lows as Fed Remains Dovish

Mortgage rates have remained at or near their historic lows as the Federal Reserve has continued to signal that it will maintain a loose monetary policy to prop up the coronavirus-battered economy. So reports Moneywise. Read more...

Delinquencies Slip But Stay at High Level in June: CoreLogic

The share of home mortgage loans in delinquency has declined modestly but remains elevated. So reports 24/7 Wall Street. Read more...

Citi Picks Ex-Mortgage Boss Jane Fraser as CEO

Citigroup has named Jane Fraser, former head of its global mortgage business, to succeed the retiring Michael Corbat. So reports Bloomberg. Read more...

Mortgage Lenders Post Record Second-Quarter Profits

America’s mortgage lenders just enjoyed their highest profits on record, and their outlook for next quarter has improved as well. So reports CNBC. Read more...

Mortgage Rates Fall to Ninth Record Low of 2020

For the ninth time since March, U.S. mortgage borrowers have been enjoying record-low interest rates. So reports CNN. Read more...

Bodnar of MMG: A Solid Jobs Report

Bill Bodnar of The Mortgage Market Guide discusses the recent jobs report, wage-based inflation and stock movement. Read more...

Forbearances Down 1M From Peak: Black Knight

After holding flat for the last couple of weeks, the total number of mortgages in active forbearance saw stronger than expected improvement, with the number of active forbearance plans declining by 147k (-4%) over the past week. That’s according to Black Knight. Read more...

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