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Lending (1572)

Mortgage Rates Stay Near All-Time Lows as Fed Remains Dovish

Mortgage Rates Stay Near All-Time Lows as Fed Remains Dovish

Friday, 18 September 2020
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Mortgage rates have remained at or near their historic lows as the Federal Reserve has continued to signal that it will maintain a loose monetary policy to prop up the coronavirus-battered economy. So reports Moneywise. Read more...
Delinquencies Slip But Stay at High Level in June: CoreLogic

Delinquencies Slip But Stay at High Level in June: CoreLogic

Friday, 11 September 2020
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The share of home mortgage loans in delinquency has declined modestly but remains elevated. So reports 24/7 Wall Street. Read more...
Citi Picks Ex-Mortgage Boss Jane Fraser as CEO

Citi Picks Ex-Mortgage Boss Jane Fraser as CEO

Friday, 11 September 2020
Lending
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Citigroup has named Jane Fraser, former head of its global mortgage business, to succeed the retiring Michael Corbat. So reports Bloomberg. Read more...
Mortgage Lenders Post Record Second-Quarter Profits

Mortgage Lenders Post Record Second-Quarter Profits

Friday, 11 September 2020
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America’s mortgage lenders just enjoyed their highest profits on record, and their outlook for next quarter has improved as well. So reports CNBC. Read more...
Mortgage Rates Fall to Ninth Record Low of 2020

Mortgage Rates Fall to Ninth Record Low of 2020

Friday, 11 September 2020
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For the ninth time since March, U.S. mortgage borrowers have been enjoying record-low interest rates. So reports CNN. Read more...
Bodnar of MMG: A Solid Jobs Report

Bodnar of MMG: A Solid Jobs Report

Saturday, 05 September 2020
Lending
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Bill Bodnar of The Mortgage Market Guide discusses the recent jobs report, wage-based inflation and stock movement. Read more...
Forbearances Down 1M From Peak: Black Knight

Forbearances Down 1M From Peak: Black Knight

Friday, 04 September 2020
Lending
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After holding flat for the last couple of weeks, the total number of mortgages in active forbearance saw stronger than expected improvement, with the number of active forbearance plans declining by 147k (-4%) over the past week. That’s according to Black Knight. Read more...
Mortgage Applications Fall Despite Surge in Home Buying

Mortgage Applications Fall Despite Surge in Home Buying

Saturday, 05 September 2020
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With interest rates near record lows, homebuyers have been hustling to take advantage, but refinances have slowed considerably compared with earlier in the year. So reports CNBC. Read more...
Feds Delay Refinance Fee Until December

Feds Delay Refinance Fee Until December

Saturday, 05 September 2020
Lending
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A contentious new fee on refinanced mortgages won’t take effect as soon as originally planned. So reports CNN. Read more...
Millennials Now Driving Home Sales: Ellie Mae

Millennials Now Driving Home Sales: Ellie Mae

Saturday, 05 September 2020
Lending
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The mortgage market is booming, with the generation born in the 1980s and 1990s to thank for it. So reports The Real Deal. Read more...

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