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Lending (1495)

Mortgage Rates Spike More Than Half a Point in Two Weeks

Mortgage Rates Spike More Than Half a Point in Two Weeks

Monday, 05 September 2022
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U.S. long-term mortgage rates have continued their upward climb, giving homebuyers no break from affordability worries. So reports Yahoo! Money. Read more...
Willow Servicing Nabs $5M in Seed Funding

Willow Servicing Nabs $5M in Seed Funding

Monday, 05 September 2022
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Willow Servicing, a startup offering a cloud-based mortgage servicing platform, has announced that it closed a $6 million seed funding round. Read more...
Bill Bodnar of MMG: A Bad Week for Bonds

Bill Bodnar of MMG: A Bad Week for Bonds

Saturday, 20 August 2022
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"Bonds and interest rates had a bad week," says Bill Bodnar of the Mortgage Market Guide. Read more...
Bodnar of MMG: Inflation May Have Peaked, So What's Next?

Bodnar of MMG: Inflation May Have Peaked, So What's Next?

Friday, 12 August 2022
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Bill Bodnar of the Mortgage Market Guide (MMG) discusses inflation, oil, the Consumer Price Index and the Producer Price Index. Read more...
Mortgage Rates Edge Down on Favorable Inflation Signals

Mortgage Rates Edge Down on Favorable Inflation Signals

Saturday, 20 August 2022
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Long-term U.S. mortgage rates have inched lower following healthy indications on inflation. So reports CNN. Read more...
Mortgage Demand Dips to 22-Year Low

Mortgage Demand Dips to 22-Year Low

Saturday, 20 August 2022
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Appetite for home loans has sunk to levels not seen since the turn of the millennium. So reports The Real Deal. Read more...
UWM Profit Shrinks to $215M in 2Q, Besting Rocket

UWM Profit Shrinks to $215M in 2Q, Besting Rocket

Saturday, 20 August 2022
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United Wholesale Mortgage has declared $215 million in net income for the second quarter, down from $453 million in the first quarter. However, it still bested the $139 million it saw during the same period last year. So reports the Detroit Free Press. Read more...
Rate Lock Volume Keeps Falling From 2021’s Boom Levels: MCT

Rate Lock Volume Keeps Falling From 2021’s Boom Levels: MCT

Saturday, 20 August 2022
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Overall rate lock volume tumbled 46.5% in July when compared with the lofty heights reached during the same month last year. That’s according to Mortgage Capital Trading’s latest MCTlive! Lock Volume Indices. Read more...
Santander Bank, Rocket Mortgage Team Up

Santander Bank, Rocket Mortgage Team Up

Wednesday, 10 August 2022
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Rocket Mortgage is now the exclusive preferred mortgage provider for Santander Bank customers, the companies announced. Read more...
Rate Locks Fall in July for Fourth Straight Month: Black Knight

Rate Locks Fall in July for Fourth Straight Month: Black Knight

Monday, 08 August 2022
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Rate lock activity slid 14.4% in July, marking a fourth consecutive month of declines. That’s according to Black Knight’s latest Originations Market Monitor report. Read more...

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