Lending

Lending (1447)

Fannie Mae Fourth-Quarter Profit, Revenue Fall

Fannie Mae has posted slumping fourth-quarter financial results. So reports MarketWatch. Read more...

Bodnar of MMG: When Good News is Bad News

Bill Bodnar of the Mortgage Market Guide explains a crazy week where good news is bad news. Bodnar digs into the jobs report and its impact on the bond market. Read more...

CFPB Warns Mortgage Comparison-Shopping Sites

The Consumer Financial Protection Bureau has put digital mortgage comparison-shopping platforms on notice about double dealing laws. So reports Financial Regulation News. Read more...

Mortgage Rates Rise, Snapping Four Weeks of Declines

U.S. long-term mortgage rates have posted a weekly increase after dropping for each of the four previous weeks. So reports CNN. Read more...

Fannie Mae: Buyers' Moods Improve for Third Straight Month

The Fannie Mae Home Purchase Sentiment Index rose 0.6 points in January to 61.6, its third consecutive monthly increase. So reports Builder. Read more...

loanDepot’s Anthony Hsieh Gone as Executive Chair

loanDepot has cut loose its founder during a fight over control of the corporate board of directors at the direct-to-consumer lender. So reports The Real Deal. Read more...

Finance of America Sells Incenter’s Title Arms for $100M

Finance of America Co. has agreed to sell its subsidiary Incenter’s businesses—Agents National Title Holding Co. and Boston National Holdings—to Bermuda-based holding company Essent Group for $100 million. So reports The Title Report. Read more...

Mortgage Rates Slip for Fourth Straight Week

U.S. long-term mortgage rates have fallen modestly, posting their fourth consecutive week of declines. So reports CNN. Read more...

Wells Fargo Pink-Slips 140, Exiting Correspondent Channel

Wells Fargo has laid off 140 employees from its home-lending division’s correspondent channel. So reports The State Journal-Register. Read more...

USAA Bank Lays Off Another 130 Mortgage Pros

USAA Federal Savings Bank has cut an additional 130 jobs from its mortgage business. So reports San Antonio Express-News. Read more...

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