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Lending (1513)

Mortgage Demand Posts First Weekly Increase Since June

Mortgage Demand Posts First Weekly Increase Since June

Sunday, 07 August 2022
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A key weekly measure of mortgage demand has edged upward, marking its first weekly rise since June 24. So reports CNBC. Read more...
Cost-Cutting Leads Lenders' 2022 Business Priorities: Fannie Mae

Cost-Cutting Leads Lenders' 2022 Business Priorities: Fannie Mae

Friday, 05 August 2022
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Reducing expenses has become the most commonly cited business priority among senior mortgage executives surveyed by Fannie Mae, the mortgage finance giant announced. Read more...
Loan Transfers Hurt Customer Satisfaction: J.D. Power

Loan Transfers Hurt Customer Satisfaction: J.D. Power

Sunday, 07 August 2022
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Customer satisfaction suffers when a loan is transferred from an originator to a different servicer. That’s according to J.D. Power’s 2022 U.S. Mortgage Servicer Satisfaction Study. Read more...
Mortgage Rates Tick Up as Activity Hits 22-Year Low

Mortgage Rates Tick Up as Activity Hits 22-Year Low

Thursday, 21 July 2022
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Weekly long-term U.S. mortgage rates have inched upward, as mortgage demand sank to its lowest in 22 years. So reports Yahoo! Money. Read more...
Rocket Mortgage Expands Into Canada with Edison Rebrand

Rocket Mortgage Expands Into Canada with Edison Rebrand

Thursday, 21 July 2022
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Windsor, Ontario-based digital mortgage broker Edison Financial has announced that it is changing its name to Rocket Mortgage Canada, bringing the biggest U.S. mortgage company’s brand to the Great White North. So reports Toronto’s Storeys. Read more...
United Wholesale Mortgage CFO Timothy Forrester Dies at 55

United Wholesale Mortgage CFO Timothy Forrester Dies at 55

Thursday, 21 July 2022
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United Wholesale Mortgage chief financial officer Timothy Forrester has passed away at age 55 after a fight with cancer. So reports The Detroit News. Read more...
Bodnar of MMG: The ECB Did Us a Solid

Bodnar of MMG: The ECB Did Us a Solid

Thursday, 21 July 2022
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"The ECB did us a solid," says Bill Bodnar of the Mortgage Market Guide (MMG). The Fed will soon raise rates by .75% again, he adds. Read more...
Bodnar of MMG: A Good Reminder on the Fed

Bodnar of MMG: A Good Reminder on the Fed

Thursday, 21 July 2022
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"We saw the highest inflation reading in four decades and mortgage rates stabilized....why?" asks Bill Bodnar of the Mortgage Market Guide.  Read more...
Only 2 in 10 Consumers Say It’s a Good Time to Buy a House

Only 2 in 10 Consumers Say It’s a Good Time to Buy a House

Friday, 08 July 2022
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Fannie Mae announced that its Home Purchase Sentiment Index fell 3.4 points in June to 64.8, its second-lowest reading in a decade, with consumers continuing to signal a slowing housing market. Read more...
Flagstar Bank Data Breach Affects 1.5M Customers

Flagstar Bank Data Breach Affects 1.5M Customers

Friday, 08 July 2022
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Flagstar Bank has acknowledged a data breach involving 1.5 million customers’ personal details. So reports CPO Magazine. Read more...

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