Lending

Lending (1514)

Weekly Mortgage Activity Rises 1.5% As Rates Stay Low

Total mortgage application volume increased by 1.5% in the week ended November 22, compared with the previous week, according to data from the Mortgage Bankers Association. So reports CNBC. Read more...

Supreme Court Will Hear CFPB Challenge in March

The U.S. Supreme Court has set a date—March 3—for oral arguments in a constitutional challenge to the leadership structure of the Consumer Financial Protection Board. So reports SCOTUS Blog. Read more...

3 Best Days to Buy a Home Are All in December: ATTOM

Home buyers willing to brave the December elements may be able to save money. That's according to ATTOM Data Solutions. Read more...

Conforming Loan Limits Will Rise Above $500,000 in 2020

Next year, borrowers nationwide will be able to take out home loans of more than $500,00 and still enjoy the backing of Fannie Mae and Freddie Mac. So reports MarketWatch. Read more...

Does Shared Equity Housing Work?

Shared equity housing strategies are drawing increasing interest from people in all corners of the housing and community development field. Read more...

Bill Bodnar of MMG: Lower Rates for Longer Than Most Would Expect

Bill Bodnar of the Mortgage Market Guide (MMG) discusses the impact of the strong labor market, inflation near its target and declning fears of a recession. He also notes three things to look out for this week. Read more...

FHA Boasts Highest Capital Reserves in 12 Years

The Federal Housing Administration’s capital reserve ratio reached 4.84% in the latest fiscal year, up from 2.76% in 2018 and its highest level since fiscal 2007. That’s according to the regulator’s annual report to Congress (PDF). Read more...

Fannie-Freddie Stock Sales May Happen By 2022: FHA

Fannie Mae and Freddie Mac will probably be prepared for new public offerings by 2021 or 2022, the mortgage finance giants’ regulator has said. So reports Bloomberg. Read more...

Mortgage Delinquencies Dip to Lowest Since 1995

The seasonally adjusted delinquency rate for mortgage loans on one- to four-unit residential properties fell to 3.97% of all loans outstanding at the end of the third quarter, the Mortgage Bankers Association has announced, citing its survey results. Read more...

Why the Time May Be Right for New Home Construction to Accelerate: First American

Thus far in 2019, the story of the housing market has been a tale of strong housing demand and limited supply. On the demand side, steadily rising house-buying power has fueled greater demand. Falling mortgage rates and rising household income sparked a nearly 12.6% increase in house-buying power year to date through September. Read more...

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