Lending

Lending (1468)

HUD Earmarks $75M for Tribal Community Development

The Department of Housing and Urban Development has unveiled plans to offer $75 million via the Indian Community Development Block Grant Program. So reports DS News. Read more...

UWM Employees Attend Golf’s Rocket Mortgage Classic

Around 20 employees from competitor United Wholesale Mortgage unexpectedly turned up on the second day of the Rocket Mortgage Classic golf tournament. So reports the Detroit Free Press. Read more...

Veterans Like Their Chances of Buying a House

A survey by Veterans United Home Loans has found that about 75% of veterans and service members are mulling home purchases in the coming year. So reports TheMReport. Read more...

Mortgage Rates Leap to Highest So Far This Year

U.S. long-term mortgage rates have climbed to a year-to-date peak. So reports CNN. Read more...

Bodnar of MMG: A Central Bank Induced Recession?

Bill Bodnar of the Mortgage Market Guide discusses Jerome Powell on Capitol Hill, the potential for Central Bank-induced recession, Janet Yellen's forward guidance and the Fed's favored inflation gauge. Read more...

Mortgage Rates Inch Down for Third Straight Week

U.S. long-term mortgage rates have edged lower for a third consecutive week. So reports CNN. Read more...

Truist Names Head of Mortgage Business

Truist Financial has appointed David Smith, previously head of the mortgage lending business at Keller Williams, as head of Truist Mortgage. So reports TheMReport. Read more...

Rocket Mortgage Moves to Reverse $9.7M Appraisal Ruling

Rocket Mortgage has called on a federal appeals court to quash a $9.7 million judgment in a class action suit over the lender’s appraisal practices. So reports NEXT Mortgage News. Read more...

First Federal Completes Purchase of BNC Mortgage Unit

First Federal Bank has closed its acquisition of BNC National Bank’s mortgage unit, including both the assets and the employees. So reports MortgageOrb. Read more...

Bodnar of MMG: What The Fed 'Skip' Means for Mortgage Pros

Bill Bodnar of the Mortgage Market Guide (MMG) weighs in on The Fed "skip" and its impact for mortgage professionals. He also provides insight into the technical limitations to rate improvement and the Fed Chair on Capitol Hill. Read more...

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