Lending

Lending (1519)

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...

Q3 Home Equity Jumps 51%, or $457B

U.S. homeowners with mortgages saw their equity rise by 5.1% in the third quarter of 2019 from the same period a year earlier, representing an almost $457 billion gain. That’s according to CoreLogic’s latest Home Equity Report. Read more...

Mortgage Rates Rise Again, But for How Long?

While mortgage rates have trended upward over the past three months, it’s uncertain how much further they can go up without making homes look unaffordable. So reports MarketWatch. Read more...

Fed Holds Rates Steady, Signals Pause for 2020

The Federal Reserve kept interest rates unchanged at its December meeting and indicated no plans to cut them further in the year ahead. So reports CBS News. Read more...

Substantial Risk, Compliance Concerns Remain for U.S. Lenders: Survey

Notable regulatory compliance and risk challenges remain high in a number of key areas for U.S. banks and credit unions, according to results of Wolters Kluwer’s 2019 Regulatory & Risk Management Indicator survey. Read more...

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