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Lending

Lending (1534)

Altisource to Shut Down Owners.com

Altisource to Shut Down Owners.com

Wednesday, 16 October 2019
Lending
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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

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

Tuesday, 15 October 2019
Lending
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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...
Bill Bodnar of MMG: Will Bonds Get Punched in the Face?

Bill Bodnar of MMG: Will Bonds Get Punched in the Face?

Monday, 07 October 2019
Lending
Written by
Bill Bodnar of the Mortgage Market Guide previews a number of factors that could impact mortgage professionals, including last Friday's jobs report and the ongoing trade war with China, among others. Read more...
Jobs Report: Signs Point to Stronger Purchasing Power for Home Buyers

Jobs Report: Signs Point to Stronger Purchasing Power for Home Buyers

Tuesday, 08 October 2019
Lending
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The recently released September Jobs Report signaled good news for the economy, labor force and consumer buying power, according to First American Deputy Chief Economist Odeta Kushi. Read more...
Ditech Completes $1.2B Sale to New Residential

Ditech Completes $1.2B Sale to New Residential

Thursday, 10 October 2019
Lending
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New Residential has closed its deal to buy “select assets” from Ditech Financial and Ditech Holdings, with a price tag of $1.2 billion. So reports Seeking Alpha. Read more...
Mortgage Rates Follow Stock Market Lower

Mortgage Rates Follow Stock Market Lower

Monday, 07 October 2019
Lending
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A sharp downturn in major stock indexes at the start of the month brought with it a return to lower interest rates on mortgages. So reports CNBC. Read more...
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
Written by
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...

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