Lending

Lending (1513)

Bodnar of MMG: Can the Fed Pull Off a Soft Landing

CPI was hot, hot, hot, according to Bill Bodnar of the Mortgage Market Guide (MMG). Now the discussion is whether the Fed can administer a soft landing and hikes rates without putting the economy into a recession. Read more...

Black Knight Joins Forces with AI Data Firm Percy

Black Knight has announced a strategic alliance with Percy, which analyzes real-estate consumer data using artificial intelligence and machine learning. Read more...

Mortgage Rates Dip for Third Straight Week But Still Up From 2021

Mortgage rates have posted their third consecutive weekly decline, but they’re still much higher than they were a year ago. So reports CNN. Read more...

Movement Mortgage Settles Fair Housing Allegations

The U.S. Department of Housing and Urban Development (HUD) announced that Movement Mortgage has settled allegations it violated the Fair Housing Act with racially discriminatory lending practices. Read more...

Mortgage Demand Sinks to Lowest Since 2018

A measure of weekly mortgage demand has fallen to its lowest level in almost four years. So reports CNBC. Read more...

Bodnar of MMG: Jobs, The Fed, and the Recession Threat

Bill Bodnar of the Mortgage Market Guide (MMG) discusses the recent Jobs Report, the recession threat and the next Fed Meeting on June 15th. Read more...

Keller Mortgage Joins Layoff Wave

Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal. Read more...

Freddie Mac Automates Employment Verification

Freddie Mac has automated 10-day pre-closing verification employment as the latest in a new set of automated underwriting capabilities. Read more...

Mortgage Rates Fall Most Since Start of the Pandemic

Long-term mortgage rates have posted their sharpest weekly decline since early in the pandemic. So reports Bloomberg. Read more...

FHFA Director Sandra Thompson Confirmed by Senate

The Senate has confirmed Sandra Thompson as director of the Federal Housing Finance Agency, by a tight 49-46 margin. So reports MReport. Read more...

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