Lending

Lending (1223)

Willow Servicing Nabs $5M in Seed Funding

Willow Servicing, a startup offering a cloud-based mortgage servicing platform, has announced that it closed a $6 million seed funding round. Read more...

Bill Bodnar of MMG: A Bad Week for Bonds

"Bonds and interest rates had a bad week," says Bill Bodnar of the Mortgage Market Guide. Read more...

Bodnar of MMG: Inflation May Have Peaked, So What's Next?

Bill Bodnar of the Mortgage Market Guide (MMG) discusses inflation, oil, the Consumer Price Index and the Producer Price Index. Read more...

Mortgage Rates Edge Down on Favorable Inflation Signals

Long-term U.S. mortgage rates have inched lower following healthy indications on inflation. So reports CNN. Read more...

Mortgage Demand Dips to 22-Year Low

Appetite for home loans has sunk to levels not seen since the turn of the millennium. So reports The Real Deal. Read more...

UWM Profit Shrinks to $215M in 2Q, Besting Rocket

United Wholesale Mortgage has declared $215 million in net income for the second quarter, down from $453 million in the first quarter. However, it still bested the $139 million it saw during the same period last year. So reports the Detroit Free Press. Read more...

Rate Lock Volume Keeps Falling From 2021’s Boom Levels: MCT

Overall rate lock volume tumbled 46.5% in July when compared with the lofty heights reached during the same month last year. That’s according to Mortgage Capital Trading’s latest MCTlive! Lock Volume Indices. Read more...

Santander Bank, Rocket Mortgage Team Up

Rocket Mortgage is now the exclusive preferred mortgage provider for Santander Bank customers, the companies announced. Read more...

Rate Locks Fall in July for Fourth Straight Month: Black Knight

Rate lock activity slid 14.4% in July, marking a fourth consecutive month of declines. That’s according to Black Knight’s latest Originations Market Monitor report. Read more...

Mortgage Demand Posts First Weekly Increase Since June

A key weekly measure of mortgage demand has edged upward, marking its first weekly rise since June 24. So reports CNBC. Read more...

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