Lending - The Mortgage Leader

Prepayments Rebound from All-Time Low: Black Knight Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight.

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Lending (1295)

Mortgage Rates Drop for Fourth Straight Week

Friday, 09 December 2022

Lending

Written by The Mortgage Leader

U.S. long-term mortgage rates have turned in their fourth consecutive week of declines. So reports CNN. Read more...

Bodnar of MMG: What's Happening Now and Why

Friday, 09 December 2022

Lending

Written by The Mortgage Leader

"On Friday, the Producer Price Index was hotter than expected on headline, core, annual and month over month basis," says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...

United Wholesale Mortgage Expands Buydown Options

Friday, 02 December 2022

Lending

Written by The Mortgage Leader

United Wholesale Mortgage has expanded buydown options, building on a trend of lenders offering home buyers concessions. So reports RealTrends. Read more...

Reverse Mortgage Funding Files for Bankruptcy

Friday, 02 December 2022

Lending

Written by The Mortgage Leader

Reverse Mortgage Funding has filed for Chapter 11 bankruptcy, joining the ranks of companies felled by rising mortgage rates. So reports Bloomberg. Read more...

Mortgage Rates Fall for a Third Straight Week

Friday, 02 December 2022

Lending

Written by The Mortgage Leader

U.S. long-term mortgage rates have declined for a third consecutive week as inflation fears eased. So reports the Associated Press. Read more...

Does $1M Conforming Limit Help or Harm Affordability?

Friday, 02 December 2022

Lending

Written by The Mortgage Leader

The housing industry has been debating whether a recent move by the Federal Housing Finance Agency to raise the top conforming loan limit to more than $1 million will help make homes more affordable for buyers. So reports CNN. Read more...

Bodnar of MMG: Takeaways from the Jobs Report and Fed Chair's Speech

Friday, 02 December 2022

Lending

Written by The Mortgage Leader

The speech from Fed Chair Jerome Powell and the recent Jobs Report are dominating the financial markets. Read more...

Bodnar of MMG: Does Mortgage Rate Relief Have Legs?"

Tuesday, 22 November 2022

Lending

Written by The Mortgage Leader

Mortgage rates endured the sharpest weekly decline in decades. Bill Bodnar of the Mortgage Market Guide asks: "Does the rate relief have legs?" Read more...

G-Fees Rose in 2021 Thanks to Adverse Market Fee

Tuesday, 22 November 2022

Lending

Written by The Mortgage Leader

The average single-family guarantee fee last year was 56 basis points, up two basis points from the year before, according to the latest data from the Federal Housing Finance Agency. So reports MReport. Read more...