Lending

Lending (880)

Forbearances Tick Up for First Time in 9 Weeks: Black Knight

After seeing weekly declines for two months straight, the number of homeowners in active forbearance rose for the first time in nine weeks, according to data from Black Knight. Read more...

Bodnar of MMG: An Overwhelming Policy Response from the Fed, Administration

This week it is all about an overwhelming policy response from the Fed and Administration meeting the market response... and what stocks, bonds and the U.S. dollar think of it all, according to Bill Bodnar… Read more...

Veritex Bank Buys 49% of Thrive Mortgage for $53.9M

The holding company for Dallas-based Veritex Community Bank is spending $53.9 million in cash for a 49% stake in Georgetown, Texas-based Thrive Mortgage. So reports The Dallas Morning News. Read more...

Fed Sticks with Near-Zero Interest Rates as Inflation Rises

The Federal Reserve has held its benchmark interest rate near zero, saying that vaccine distribution has boosted the U.S. economy but remaining committed to strong stimulus. So reports Yahoo Finance. Read more...

Economy Revs Up With 6.4% GDP Gain in First Quarter

The U.S. economy roared to life to start the year, as a government report found that gross domestic product climbed by an annualized 6.4% in the first quarter. So reports CNBC. Read more...

Flagstar Bought By New York Community in $2.6B Deal

New York Community Bancorp is purchasing Troy, Mich.-based Flagstar Bank in a tentative $2.6 billion agreement. So reports the Detroit Free Press. Read more...

8th Straight Week of Forbearance Improvement: Black Knight

Once again, forbearance volumes improved, edging slightly lower (-1,000) since last week. This is typical of the mid-month lull in improvement, according to Black Knight. Read more...

Bodnar of MMG: No News Is Good News

Bill Bodnar of The Mortgage Market Guide says no news was good news during the week. Bond prices followed the path of least resistance: higher--thereby pushing rates to the lowest level in nearly two months--back… Read more...

FHFA Extends COVID-19 Loan Flexibilities for Fannie, Freddie

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will let some temporary loan origination flexibilities last a little longer. So reports DS News. Read more...

HUD Dumps Trump Rule on Transgender Access to Shelters

The Department of Housing and Urban Development (HUD) has moved to revoke a Trump rule, proposed last July, that would have allowed federally funded single-sex homeless shelters to turn away transgender people. So reports Politico. Read more...

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