Subscribe to this RSS feed
Lending

Lending (1218)

Typical Monthly Mortgage Payment Rose 30% in First Quarter

Typical Monthly Mortgage Payment Rose 30% in First Quarter

Wednesday, 04 May 2022
Lending
Written by
Home buyers may find housing less affordable, as monthly mortgage payments on a median existing single-family home with a 20% down payment rose 30% from a year earlier to $1,383. So reports Realtor Magazine.  Read more...
Fannie Mae Q1 Profit Drops Despite Fewer Delinquencies

Fannie Mae Q1 Profit Drops Despite Fewer Delinquencies

Wednesday, 04 May 2022
Lending
Written by
Fannie Mae has disclosed a decline in its first-quarter net income even as the government-sponsored housing-finance giant said the rate of serious delinquencies on single-family mortgages kept declining. So reports Dow Jones Newswires. Read more...
Bodnar of MMG: What's Next After a Quiet Week?

Bodnar of MMG: What's Next After a Quiet Week?

Friday, 29 April 2022
Lending
Written by
"This week was quiet, literally, as there was no Fed speak or jawboning of the markets," says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...
CFPB Dusts Off 'Dormant Authority' to Regulate Nonbanks

CFPB Dusts Off 'Dormant Authority' to Regulate Nonbanks

Thursday, 28 April 2022
Lending
Written by
The Consumer Financial Protection Bureau has announced that it will leverage a “largely unused” provision of 2010’s Dodd-Frank financial overhaul law to regulate nonbanks that it deems risky. Read more...
FHFA Unveils Underserved Market Plans for GSEs

FHFA Unveils Underserved Market Plans for GSEs

Thursday, 28 April 2022
Lending
Written by
The Federal Housing Finance Agency has announced its 2022-2024 underserved market plans for government-sponsored enterprises Fannie Mae and Freddie Mac. Read more...
Delinquencies Sank to Record Low in March: Black Knight

Delinquencies Sank to Record Low in March: Black Knight

Thursday, 28 April 2022
Lending
Written by
Seasonal and wider economic improvements helped drive mortgage delinquencies to all-time low in March, Black Knight’s monthly “first look” at mortgage-performance statistics has found. Read more...
Adjustable-Rate Mortgage Demand Gains Amid Rate Rise

Adjustable-Rate Mortgage Demand Gains Amid Rate Rise

Thursday, 28 April 2022
Lending
Written by
Home buyers have increasingly turned toward adjustable-rate mortgages, which are riskier but offer lower interest rates, as mortgage rates have climbed overall. So reports CNBC. Read more...
Bodnar of MMG: A Silver Lining for Mortgage and Housing Pros

Bodnar of MMG: A Silver Lining for Mortgage and Housing Pros

Friday, 22 April 2022
Lending
Written by
"This week, hawkish Fed rhetoric spooked the bond market again, causing rates to spike," says Bill Bodnar of the Mortgage Market Guide. "However, there's a silver lining for mortgage and housing professionals to follow." Read more...
Mr. Cooper Promotes Finance Deputy to CFO

Mr. Cooper Promotes Finance Deputy to CFO

Friday, 22 April 2022
Lending
Written by
Mr. Cooper Group has named Jaime Gow as executive vice president and chief financial officer.  Read more...
Banks' Mortgage Volumes Dive as Borrowing Costs Surge

Banks' Mortgage Volumes Dive as Borrowing Costs Surge

Friday, 22 April 2022
Lending
Written by
The recent jump in interest rates has hammered demand for mortgage originations, according to bank executives and Mortgage Bankers Association data. So reports Reuters. Read more...

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline