Lending

Lending (1438)

FHFA Extends Foreclosure Moratorium Through January

The Federal Housing Finance Agency has announced that single-family homeowners with mortgages backed by Fannie Mae and Freddie Mac will be protected from foreclosure for at least another month. Read more...

Mortgage Rates Edge Down to 14th Record Low of 2020

Freddie Mac’s weekly mortgage rate averages have hit their 14th all-time low since the pandemic struck this spring. So reports MarketWatch. Read more...

FHA Hikes Loan Limits for 2021, Raising Floor to $356,362

The Federal Housing Agency has announced its loan limits for 2021, with most areas of the country to see an increase in the next 12 months. Read more...

Bodnar of MMG: Two Dates to Watch

Bill Bodnar of The Mortgage Market Guide (MMG) says he is looking to December 11 and December 21 to see if the government will shut down and whether there will be a stimulus deal prior to Congressional recess. Read more...

A Modest Decline in Active Forbearances: Black Knight

Black Knight says there was a modest decline in the number of active forbearance plans this week. Read more...

Bodnar of MMG: Higher Highs and Higher Lows

Bill Bodnar of The Mortgage Market Guide (MMG) discusses higher highs, and higher lows on the 10-year note and other items that could impact client discussions. Read more...

Forbearances Tick Up Slightly Again: Black Knight

The number of mortgages in active forbearance saw another slight increase, jumping by 27,000 from last Tuesday, according to recently released data from Black Knight. Read more...

Fannie, Freddie Regulator Seeks to Expedite Privatization

The head of the federal agency that oversees Fannie Mae and Freddie Mac has been working to streamline the mortgage giants’ exit from government control. Read more...

Jobless Claims On the Rise Again

After falling for five straight weeks, the number of Americans applying for unemployment assistance has risen again the past two weeks. Read more...

Existing Home Sales Post Fifth Straight Uptick

Sales of previously owned U.S. homes have now risen for five consecutive months. So reports Reuters. Read more...

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