Lending

Lending (1514)

Foreclosures Fall to 14-year Low in Q3

Foreclosure activity has continued its decline to levels last seen well before the Great Recession, a new report from ATTOM Data Solutions. Read more...

Market Potential Healthy for Rest of 2019: First American

First American Financial Corporation released it's proprietary Potential Home Sales Model for the month of September 2019. Read more...

Bill Bodnar of MMG: 3 Things That Caused a Mortgage Rate Jump

Bill Bodnar of the Mortgage Market Guide discusses corporate earnings and guidance, the China deal and Brexit. Read more...

Quicken Loans Mortgage Services Names Paul Yatooma VP of Sales

Quicken Loans Mortgage Services (QLMS) announced the promotion of Paul Yatooma to the newly created position of Vice President of Sales. Read more...

9 Ways Lenders Can Prepare for an Economic Recession

It seems every second article you read these days foreshadows our imminent economic demise. This onslaught of recession-focused think pieces seem like an overreaction, but if we learned anything from our recent past, it’s that we’d be foolish to ignore the economic red flags in front of us. Read more...

Bill Bodnar of MMG: What An Unbelievable Interest Rate Environment

Bill Bodnar of the Mortgage Market Guide discusses unemployment, homebuyer demand, a goldilocks scenario, and how the hard data is pointing to no recession. Read more...

Ginnie Mae Loses Another Acting Head

The U.S. Department of Housing and Urban Development has announced the resignation of Ginnie Mae’s acting leader, Maren Kasper. So reports Politico. Read more...

CFPB Eases HMDA 'Burden' in Final Rule

The U.S. Consumer Financial Protection Bureau has issued a final rule under the Home Mortgage Disclosure Act, extending for two years the current temporary threshold for collecting and reporting data about open-end lines of credit. So reports Reverse Mortgage Daily. Read more...

Altisource to Shut Down Owners.com

Altisource Portfolio Solutions has announced that it is shutting down its online brokerage Owners.com, which generated $3.8 million of revenue and $8.1 million of loss before income taxes in the first six months of 2019. So reports Seeking Alpha. Read more...

Fed Minutes Show Markets’ Rate-cut Hopes May Be Overdone

The Federal Reserve has released the minutes from the September meeting, showing that some policymakers said investors appear to be pricing in more interest rate cuts than the central bank expects to provide. So reports CNBC. Read more...

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