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Lending (1514)

Proposed Changes to Appraisal Rules Hold Pros and Cons

Proposed Changes to Appraisal Rules Hold Pros and Cons

Friday, 08 January 2021
Lending
Written by
A federal housing watchdog’s move to potentially overhaul home appraisal rules could save time but, if done wrong, could exacerbate racial inequities. So reports MarketWatch. Read more...
Bodnar of MMG: The Problem and Opportunity with Inflation

Bodnar of MMG: The Problem and Opportunity with Inflation

Thursday, 07 January 2021
Lending
Written by
Bill Bodnar of The Mortgage Market Guide (MMG) discusses the big change in the financial markets. Read more...
Bodnar of MMG: What to Expect Heading Into 2021

Bodnar of MMG: What to Expect Heading Into 2021

Saturday, 02 January 2021
Lending
Written by
Bill Bodnar of The Mortgage Market Guide (MMG) notes that heading into 2021, home loan rates are near the best levels ever. Read more...
Critical Defect Rate Highest Since 2018: ACES Report

Critical Defect Rate Highest Since 2018: ACES Report

Saturday, 02 January 2021
Lending
Written by
ACES Quality Management, which provides enterprise quality management and control software for the financial services industry, released its quarterly ACES Mortgage QC Trends Report covering the second quarter (Q2) of 2020. Read more...
Forbearances Increase for 3rd Week in a Row: Black Knight

Forbearances Increase for 3rd Week in a Row: Black Knight

Saturday, 02 January 2021
Lending
Written by
Forbearance plan volumes ticked upward for the third consecutive week, rising by 15,000 from the week prior and pushing the number of active plans to its highest level since early November. That's according to data from Black Knight. Read more...
FHFA Extends Multifamily Forbearance Through March

FHFA Extends Multifamily Forbearance Through March

Saturday, 02 January 2021
Lending
Written by
The Federal Housing Finance Agency has pushed back the end date to March 31 for its forbearance program for landlords with multifamily mortgages. So reports Yahoo Finance. Read more...
Fed Policy for 2021 May Depend on Unusual Tools

Fed Policy for 2021 May Depend on Unusual Tools

Saturday, 02 January 2021
Lending
Written by
With interest rates expected to stay near zero through 2023, and the coronavirus still rampant nationwide, the Federal Reserve will likely need to turn toward unorthodox monetary policy tools this year. So reports Yahoo Finance. Read more...
COVID-19 Stimulus Bill Extends Rental Relief

COVID-19 Stimulus Bill Extends Rental Relief

Saturday, 02 January 2021
Lending
Written by
The 5,600-page coronavirus relief bill signed by President Trump on December 27 includes provisions extending assistance to renters. So reports The New York Times. Read more...
Wells Fargo Extends Work From Home Through February

Wells Fargo Extends Work From Home Through February

Saturday, 02 January 2021
Lending
Written by
Wells Fargo has given employees more time to work from home, pushing back the date for a possible return to the office until at least March 1. So reports Bloomberg. Read more...
Bodnar of MMG: A New Trend to Share with Clients

Bodnar of MMG: A New Trend to Share with Clients

Thursday, 24 December 2020
Lending
Written by
Bill Bodnar of The Mortgage Market Guide (MMG) discussed how the Fed has played an enormous role in the housing gift that was 2020. This is due to its Bond buys. However things may be changing a bit. Read more...

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