Lending

Lending (939)

Bodnar of MMG: 1st Half Recap, 2nd Half Preview

Bill Bodnar of The Mortgage Market Guide recaps the first half of 2021 and discusses what to look for as the back half of the year begins. Read more...

Forbearances Up By 1K During Past Week: Black Knight

The number of active forbearance plans edged slightly higher (+1,000), continuing what’s become a common trend of marginal mid-month increases, according to data from Black Knight. Read more...

Foreclosure Moratorium Gets Another Extension, Through July

The Biden administration has unveiled another extension for its temporary ban on foreclosures in the wake of the COVID-19 pandemic. So reports NBC News. Read more...

House Votes to Scrap Trump’s 'True Lender' Rule

The Trump administration’s “true lender” rule made it easier for banks and fintech companies to join forces without running afoul of state laws. Now, the House has voted to repeal it. So reports Bloomberg. Read more...

First American Settles With SEC Over Data Leak

First American Financial has resolved SEC allegations stemming from the 2019 discovery of a cybersecurity flaw that exposed customer data. So reports Corporate Secretary. Read more...

Mortgage Rates Climb Over 3%, Hit Two-Month High

U.S. mortgage rates have jumped above the 3% mark to their highest level in 10 weeks. So reports Bloomberg. Read more...

Forbearances Tick Down Slightly Over Past Week

The number of active forbearance plans declined again in the most recently weekly data from Black Knight. The number fell by only 7,000 from the previous Tuesday. Read more...

Bodnar of MMG: What to Make of the Fed Rate Hike Forecast

Bill Bodnar of The Mortgage Market Guide (MMG) says it was all about the Fed last week and how they forecasted hiking rates in 2023 rather than in 2024, which was the previous expectation. Read more...

Mortgage Lending Soared 67.1% in 2020: The Fed

Mortgage lenders handled ballooning volumes last year, driven mainly by refinances to take advantage of extraordinarily low interest rates, according to the latest statistics from the Federal Reserve. So reports Reuters. Read more...

Fed Starts Telegraphing Shift to Tighter Monetary Policy

Federal Reserve officials have signaled that the central bank plans to start tightening up the historically loose monetary policy it has used to spur growth during a pandemic. So reports USA Today. Read more...

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