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Lending (1520)

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
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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
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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...
Mortgage Lending Boom Will Continue in 2022: MBA

Mortgage Lending Boom Will Continue in 2022: MBA

Sunday, 09 January 2022
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The Mortgage Bankers Association has projected that homebuyers will keep driving mortgage borrowing higher in the year ahead after a record 2021. So reports ABC News. Read more...
United Wholesale Mortgage Faces State COVID-19 Probe

United Wholesale Mortgage Faces State COVID-19 Probe

Sunday, 09 January 2022
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United Wholesale Mortgage has fallen subject to an investigation by the Michigan Occupational Safety and Health Administration following complaints about the company’s handling of the COVID-19 pandemic. So reports local FOX 2. Read more...
FHFA Boosts Fees for High-Balance and Second-Home Mortgages

FHFA Boosts Fees for High-Balance and Second-Home Mortgages

Sunday, 09 January 2022
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The Federal Housing Finance Agency has unveiled plans to hike upfront fees on mortgages for second homes as well as homes with balances higher than standard conforming loan limits. So reports Realtor Magazine. Read more...
Mortgage Rates Hit Highest Level Since May 2020

Mortgage Rates Hit Highest Level Since May 2020

Sunday, 09 January 2022
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U.S. long-term mortgage rates have rung in the new year in style, with a key benchmark climbing higher than at any point in 2021. So reports CNN. Read more...
One Spicy Neighborhood: FHFA Flags Evidence of Racial Bias in Home Appraisals

One Spicy Neighborhood: FHFA Flags Evidence of Racial Bias in Home Appraisals

Sunday, 02 January 2022
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Some home appraisers still use potentially race-related language in neighborhood descriptions used for home valuations, a study by the Federal Housing Finance Agency has found. So reports MarketWatch. Read more...
FHFA Proposes Requiring GSEs to File Annual Capital Plans

FHFA Proposes Requiring GSEs to File Annual Capital Plans

Sunday, 02 January 2022
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The Federal Housing Finance Agency has issued a proposed rule that would require Fannie Mae and Freddie Mac to present annual capital plans. So reports ABA Banking Journal. Read more...
MBA Cheers Biden’s Nomination of FHFA Director

MBA Cheers Biden’s Nomination of FHFA Director

Sunday, 02 January 2022
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The Mortgage Bankers Association has issued a statement applauding President Joe Biden’s recent nomination of Sandra Thompson as director of the Federal Housing Finance Agency. Read more...

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