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Lending

Lending (1514)

To Stimulate Or Not to Stimulate?

To Stimulate Or Not to Stimulate?

Friday, 11 December 2020
Lending
Written by
Bill Bodnar of The Mortgage Market Guide (MMG) discusses current stimulus negotiations and the latest pandemic developments. Read more...
Mr. Cooper to Pay $91M to Settle Claims of Deceptive Practices

Mr. Cooper to Pay $91M to Settle Claims of Deceptive Practices

Friday, 11 December 2020
Lending
Written by
Nationstar, which now operates as Mr. Cooper, has agreed to pay $91 million to resolve allegations by the Consumer Financial Protection Bureau and 50 state attorneys general that it engaged in unlawful servicing practices. So reports CNBC. Read more...
CFPB Wraps Up Revamp of Mortgage Underwriting Rules

CFPB Wraps Up Revamp of Mortgage Underwriting Rules

Friday, 11 December 2020
Lending
Written by
The Consumer Financial Protection Bureau has issued two final rules easing mortgage-lending rules about a borrower’s repayment ability. So reports Reuters. Read more...
Supreme Court Hears Fannie Mae, Freddie Mac Case

Supreme Court Hears Fannie Mae, Freddie Mac Case

Friday, 11 December 2020
Lending
Written by
The Supreme Court has been listening to oral arguments via phone in a pivotal case involving the Federal Housing Finance Agency and its oversight of mortgage giants Fannie Mae and Freddie Mac since the 2008 financial crisis. So reports the Associated Press. Read more...
Biden Administration Could Play Big Role in Housing

Biden Administration Could Play Big Role in Housing

Friday, 11 December 2020
Lending
Written by
Housing experts foresee President-elect Joe Biden being more engaged in housing issues than previous White House occupants. So reports MarketWatch. Read more...
Homebuyers Ring in Holiday Season with Mortgage Applications

Homebuyers Ring in Holiday Season with Mortgage Applications

Friday, 04 December 2020
Lending
Written by
The start to the holiday season has brought with it a surge in demand from homebuyers. So reports The Real Deal. Read more...
FHFA Extends Foreclosure Moratorium Through January

FHFA Extends Foreclosure Moratorium Through January

Friday, 04 December 2020
Lending
Written by
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

Mortgage Rates Edge Down to 14th Record Low of 2020

Friday, 04 December 2020
Lending
Written by
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

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

Friday, 04 December 2020
Lending
Written by
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

Bodnar of MMG: Two Dates to Watch

Friday, 04 December 2020
Lending
Written by
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...

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