Lending

Lending (939)

Bodnar of MMG: Rates Hit 3-Month High, Then Things Changed

Bill Bodnar of The Mortgage Market Guide (MMG) notes that mortgage rates touched the best levels in three months as MBS prices had their highest closing price since March 2nd. But then things changed later in the week as prices faded. Read more...

Bodnar of MMG: Examining Wacky Wednesday and the Fed Minutes

In this video Bill Bodnar of The Mortgage Market Guide (MMG) discusses Wacky Wednesday, Fed Minutes breakdown and knee-jerk reaction, what's next for the Fed, some pipeline management thoughts and what to watch in the days ahead. Read more...

Mortgage Forbearance Helped Businesses, Homeowners: Fed

The Federal Reserve Bank of New York has released research finding that mortgage forbearance was a boon for small businesses and low-income homeowners. So reports Reuters. Read more...

30-Year Mortgage Rate Edges Back Up to 3%

The 30-year fixed-rate mortgage averaged a 3% rate in the week ending May 20, according to Freddie Mac. So reports Bankrate. Read more...

Fannie Mae Cuts Q2 Sales Estimates for Existing Homes

Fannie Mae has reduced its second-quarter projections for sales of existing homes amid a dearth of listings. So reports Inman. Read more...

HUD Secretary Marcia Fudge Unfurls $5B to House Homeless

U.S. Department of Housing and Urban Development Secretary Marcia Fudge announced that her agency will spend $5 billion in American Rescue Plan funding to help shelter the homeless. So reports Cleveland.com. Read more...

Genworth Nixes Mortgage Insurance IPO, Citing 'Volatility'

Genworth has postponed the planned initial public offering of its mortgage insurance subsidiary, Enact Holdings, according to a press release. Read more...

Bodnar of MMG: Get Ready for More Market Volatility This Summer

Bill Bodnar of The Mortgage Market Guide (MMG) says interest rates and stocks were recently jostled around by inflation fears. Read more...

FHFA Asks for Input on Short-Term Rental Mortgages

The Federal Housing Finance Agency has put out a call for input on Fannie Mae and Freddie Mac’s eligibility rules for mortgages in condominiums and other development projects that offer short-term rentals. So reports DS News. Read more...

United Wholesale CEO Says Ultimatum Against Rocket Worked

United Wholesale Mortgage CEO Mat Ishbia has chalked up, as a big win, his contentious tactic that required mortgage brokers to choose between his company and Rocket Companies. So reports the Detroit Free Press. Read more...

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