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Bodnar of MMG: Bond Market Not Scared of Inflation

Bodnar of MMG: Bond Market Not Scared of Inflation

Saturday, 17 April 2021
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Bill Bodnar of the Mortgage Market Guide (MMG) has been saying for weeks that inflation may not be a problem. If the bond market is supposed to be scared of inflation, someone better let the bond market know, because interest rates are not behaving as though inflation is an issue. Read more...
No End in Sight for Timber’s Boost to Home Prices

No End in Sight for Timber’s Boost to Home Prices

Saturday, 17 April 2021
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A surge in lumber markets amid a tight supply chain will probably continue through the U.S. summer home building season, pushing home prices ever higher. So reports Bloomberg. Read more...
Most Americans Plan to Spend Stimulus Within Three Months

Most Americans Plan to Spend Stimulus Within Three Months

Saturday, 17 April 2021
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More than six in 10 U.S. adults receiving a third coronavirus relief payment worth $1,400 per adult said the money won’t keep them afloat for more than three months, according to a recent survey. So reports Bankrate. Read more...
Mortgage Rates Fall for Second Straight Week

Mortgage Rates Fall for Second Straight Week

Saturday, 17 April 2021
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U.S. average mortgage rates have logged a second consecutive week of declines after upbeat economic data. So reports the Associated Press. Read more...
Biden Brings Back Two Fair Housing Rules Gutted by Trump

Biden Brings Back Two Fair Housing Rules Gutted by Trump

Saturday, 17 April 2021
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The Biden administration has moved to reinstate two Obama-era fair housing rules that Trump dismantled late in the 2020 presidential campaign. So reports Bloomberg. Read more...
Forbearance Plans Fall 9% in a Week: Black Knight

Forbearance Plans Fall 9% in a Week: Black Knight

Friday, 09 April 2021
Lending
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Not only did we see a sixth week of declining forbearance plan volumes, but this week we saw the largest drop in six months, according to recent data from Black Knight. Read more...
Bodnar of MMG: Fed Fears Turn to Cheers

Bodnar of MMG: Fed Fears Turn to Cheers

Friday, 09 April 2021
Lending
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The markets were on edge heading into the Fed Minutes. However those fears turned into cheers, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...
CFPB Moots Servicing Rule Change to Curb COVID-19 Foreclosures

CFPB Moots Servicing Rule Change to Curb COVID-19 Foreclosures

Friday, 09 April 2021
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The Consumer Financial Protection Bureau (CFPB) has proposed changing mortgage servicing rules to keep homeowners from being forced into foreclosure later this year due to the pandemic. So reports CNBC. Read more...
COVID-19 Kept Many Americans from Financial Events: Poll

COVID-19 Kept Many Americans from Financial Events: Poll

Friday, 09 April 2021
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A new survey finds that many Americans have delayed financial milestones such as buying a home because of the coronavirus pandemic. So reports Bankrate.com. Read more...
Trump HUD Official Rebuked for Violating Federal Law

Trump HUD Official Rebuked for Violating Federal Law

Friday, 09 April 2021
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A former Trump housing official has been penalized for actions that a federal watchdog deemed violations of a law that bans executive branch staffers from engaging in partisan political activity on the job. So reports Politico. Read more...

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