Lending

Lending (1572)

Fannie Mae Pushes Flood Risk Disclosure Standard

Fannie Mae has called on the ​​Federal Emergency Management Agency to create a national flood risk reporting standard to help homebuyers. So reports Politico. Read more...

Mortgage Rates Drift at Highest Levels Since Pandemic

U.S. long-term mortgage rates have held basically steady, remaining at their highest levels since the pandemic hit in early 2020. So reports MarketWatch. Read more...

Bodnar of MMG: Can the Fed Act as Tough as It's Talking?

The bond market is trying to find a bottom in price/peak in rates, says Bill Bodnar of the Mortgage Market Guide (MMG). "It's all about the Fed and can they act as tough as they are talking? Next week bring the Fed Meeting. Read more...

December 2021 Forbearance Rate Slides to 1.41%

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 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%

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

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 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 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

With mortgage rates rising, refinance candidates have become fewer and farther between, new data shows. Read more...

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