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Lending (1545)

Mr. Cooper Restores Some Systems After Disruptive Cyberattack

Mr. Cooper Restores Some Systems After Disruptive Cyberattack

Friday, 10 November 2023
Lending
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Mr. Cooper has brought at least some of its systems back online after a cyberattack that disrupted customers' access to its online payment portal for more than a week. So reports FOX Business. Read more...
Fannie Mae: Rates Only One Reason Homeowners Staying Put

Fannie Mae: Rates Only One Reason Homeowners Staying Put

Friday, 03 November 2023
Lending
Written by
The “lock-in effect” from lower mortgage rates on homes bought before the recent rate surge isn’t the only reason for a decline in existing homes for sale, according to Fannie Mae. So reports MReport. Read more...
Rocket Stays Profitable in Third Quarter Despite Rate Surge

Rocket Stays Profitable in Third Quarter Despite Rate Surge

Friday, 03 November 2023
Lending
Written by
Rocket Companies has posted a net income of $115 million on $1.2 billion in total revenue for the three months ending September 30. So reports the Detroit Free Press. Read more...
Mortgage Rates Edge Lower for First Time in Seven Weeks

Mortgage Rates Edge Lower for First Time in Seven Weeks

Friday, 03 November 2023
Lending
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U.S. long-term mortgage rates have paused their nearly two-month climb but remain unaffordably lofty for many homebuyers. So reports the Associated Press. Read more...
FTC Expands Data Breach Disclosure Rules to Non-Banks

FTC Expands Data Breach Disclosure Rules to Non-Banks

Friday, 03 November 2023
Lending
Written by
The Federal Trade Commission has given the go-ahead to a new rule that will require mortgage brokers and other non-banking financial institutions to report data breaches within 30 days. So reports PYMNTS. Read more...
MMG's Bodnar: Interest Rates Hit the Best Levels in Over a Month

MMG's Bodnar: Interest Rates Hit the Best Levels in Over a Month

Thursday, 02 November 2023
Lending
Written by
Bill Bodnar of the Mortgage Market Guide recaps the week that just passed and previews the week ahead.  Read more...
MMG's Bodnar: A Miserable Trend

MMG's Bodnar: A Miserable Trend

Monday, 30 October 2023
Lending
Written by
Bill Bodnar of the Mortgage Market Guide says this is a market trying to find a bottom. Read more...
September New Home Sales Soar Despite Climbing Rates

September New Home Sales Soar Despite Climbing Rates

Monday, 30 October 2023
Lending
Written by
Purchases of new single-family houses in the United States jumped in September, officials have announced. So reports Bloomberg. Read more...
Homestar Financial to Shutter After 21 Years

Homestar Financial to Shutter After 21 Years

Monday, 30 October 2023
Lending
Written by
Homestar Financial has been in business for 21 years but will close at the end of the year, according to the Gainesville, Georgia-based mortgage bank. So reports local Now Habersham. Read more...
Mortgage Rates Gain for 7th Straight Week in March Toward 8%

Mortgage Rates Gain for 7th Straight Week in March Toward 8%

Monday, 30 October 2023
Lending
Written by
The benchmark U.S. long-term mortgage rate has risen for a seventh consecutive week, exacerbating housing unaffordability. So reports ABC News. Read more...

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