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Lending (1514)

Feds Raise Appraisals Threshold to $400,000

Feds Raise Appraisals Threshold to $400,000

Wednesday, 09 October 2019
Lending
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Federal banking agencies have announced a rule that raises the floor for home sales requiring an appraisal from $250,000 to $400,000. So reports Financial Regulation News. Read more...
U.S. Unemployment Falls to Lowest Level Since 1969

U.S. Unemployment Falls to Lowest Level Since 1969

Friday, 11 October 2019
Lending
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The rate of unemployment in America has fallen to 3.5%, a 50-year low, according to U.S. government figures. So reports MarketWatch. Read more...
Homeowner Equity Hits All-time High in Q2

Homeowner Equity Hits All-time High in Q2

Tuesday, 01 October 2019
Lending
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Homeowners have piled up record sums of potential cash amid climbing home prices and cautious borrowing. So reports CNBC. Read more...
Ditech Wins Court Approval for Restructuring Plan

Ditech Wins Court Approval for Restructuring Plan

Thursday, 03 October 2019
Lending
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A federal bankruptcy judge in New York has approved Ditech’s plans for selling off its forward and reverse mortgage businesses and gaining Chapter 11 bankruptcy protection. So reports Seeking Alpha. Read more...
Weak Business Investment Hobbles Slowing Economy

Weak Business Investment Hobbles Slowing Economy

Wednesday, 02 October 2019
Lending
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Updated figures show that American businesses tightened their purse strings more than previously estimated last quarter while economic growth continued to slow. So reports Reuters. Read more...
Pending Home Sales Rise 1.6% on Low Rates

Pending Home Sales Rise 1.6% on Low Rates

Monday, 30 September 2019
Lending
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Contract signings to buy a home rose in August, the third monthly increase of 2019, according to the National Association of Realtors. So reports MarketWatch. Read more...
Chinese Buying of U.S. Homes May Sink to Eight-year Low

Chinese Buying of U.S. Homes May Sink to Eight-year Low

Friday, 04 October 2019
Lending
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Chinese purchases of U.S. homes will probably fall to their lowest in eight years in the year ending in March 2020 as fallout from the trade war between the two nations continues. That's according to, Chinese real estate website Juwai.com. So reports Reuters. Read more...
Foreclosure Starts Hit 18-Year Low, Prepays Keep Climbing: Black Knight

Foreclosure Starts Hit 18-Year Low, Prepays Keep Climbing: Black Knight

Monday, 23 September 2019
Lending
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August saw continued improvement in mortgage performance. At just 36,200 for the month, foreclosure starts hit an 18-year low, and were down more than 23% from this time last year, according to Black Knight. Read more...
Flagstar Bank to Recover $1M of Loan to Live Well

Flagstar Bank to Recover $1M of Loan to Live Well

Thursday, 26 September 2019
Lending
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Flagstar Bank has announced that it expects to recover $1 million of its loan to now-defunct Live Well Financial. So reports Seeking Alpha. Read more...
Better.com to Hire 1,000 in New North Carolina Office

Better.com to Hire 1,000 in New North Carolina Office

Wednesday, 25 September 2019
Lending
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New York-based online mortgage lender Better.com has opened an office in Charlotte, North Carolina, and plans to hire 1,000 people for it. So reports WSOC TV. Read more...

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