Lending

Lending (1495)

First American Expands Ownership Interest and Acquires Title Security Agency

First American Financial announced it has fully acquired Title Security Agency, a well known brand within the Arizona real estate community with four decades of experience. First American had been a minority owner for five years. Read more...

Construction Spending Rises 0.6%, Led By Home Building

U.S. construction spending increased for a fifth consecutive month in November, increasing by a hefty 0.6%, according to the Commerce Department. So reports the Associated Press. Read more...

Ex-HUD Secretary Julián Castro Ends White House Run

Julián Castro, the former Housing and Urban Development Secretary, has announced the end of his bid for the presidency. So reports The Hill. Read more...

CEO of Online Mortgage Brokerage Trussle Resigns

The founding CEO of Tussle, a fintech startup, has left the firm with little explanation. So reports TechCrunch. Read more...

Pending Home Sales Bounce Back, Led By Western Region

Contracts to buy existing U.S. homes rebounded modestly in November 2019 thanks to a leap in activity in the nation’s western region. So reports MarketWatch. Read more...

Home Prices Climb to 15% Above 2006 Pre-Crisis Peak

A key measure of nationwide home prices rose in October 2019 to more than 15% above the pre-financial crisis peak reached in July 2006, S&P Dow Jones Indices announced. Read more...

Fraud Risk Rose for Home Purchase Mortgages

A benchmark for the estimated frequency of defects, fraud and misrepresentation in mortgage loan application documents rose for purchase deals in November 2019, the first monthly increase since March, First American Financial has announced. Read more...

Mortgage Rates Start the 2020s Near Historic Lows

Interest rates for home loans dipped slightly as 2020 began, staying at close to historically low points as they have for the last two months. That’s according to weekly data from Freddie Mac. Read more...

15 Strategies for Lenders to Improve Profitability: White Paper

MTC's latest white paper outlines 15 actionable strategies mortgage lenders use to improve profitability. These include secondary marketing strategies, business operations and technology. Read more...

Would End to Single-Family Zoning Fix Housing Affordability?

Abolishing single-family zoning could be a solution for the lack of an adequate supply of entry-level homes, conservative think tank American Enterprise Institute said in a new MarketWatch op-ed. Read more...

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