Lending

Lending (1514)

Trump: Fed 'Boneheads' Should Cut Rates to Zero or Less

President Donald Trump has said Federal Reserve officials are “boneheads,” calling on the Fed and its Chairman Jerome Powell to lower interest to zero or potentially below. So reports USA Today. Read more...

Housing Affordability Widely Seen As Crisis: NAHB

A new survey released by the National Association of Home Builders has found that four out of five U.S. households consider housing affordability in America to be a crisis. So reports LBM Journal. Read more...

Bill Bodnar of MMG: Helping Clients Make Sense of Good News and Mortgage Rates

Bill Bodnar from the Mortgage Market Guide recaps the week, discusses China trade talks, recession fears and why good news is bad for bonds. Read more...

Live Well’s Founder Charged with $140M Fraud

The founder of reverse mortgage lender Live Well Financial faces federal charges of running a $140 million fraud by overstating the value of its bonds. So reports Reuters. Read more...

Realogy Overhauls Structure, Integrates Coldwell Banker

Realogy Holdings has announced sweeping organizational changes, reports NJBiz.com. Read more...

Homeowners Prefer Mortgage Payments to Renting: BofA

According to a recent Bank of America survey, 93% of U.S. homeowners indicate that they feel happier owning than renting. So reports Builder Online. Read more...

August Jobs Report Keeps Fed on Track to Cut Rates

A soft set of employment numbers was likely to keep the Federal Reserve headed for an interest rate cut this month. So reports MarketWatch. Read more...

Refinance Boom Decreasing Fraud Risk: First American

First American Financial Corporation released the First American Loan Application Defect Index for July 2019, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. Read more...

Waterstone Mortgage Names Andy Peach As CEO

Wisconsin-based Waterstone Mortgage has named industry veteran Andy Peach as president and CEO. So reports the Milwaukee BizTimes. Read more...

Opendoor Launches Mortgage Lending Arm

Homebuying startup Opendoor has introduced a new mortgage lending division, called Opendoor Home Loans. So reports The Real Deal. Read more...

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