Lending

Lending (1495)

Mortgage Rates Slip Closer to Record Bottom

A third straight week of declines has brought mortgage rates inching closer to their all-time low. So reports MarketWatch. Read more...

Bodnar of MMG: 3 Things to Think About Heading into the Week

Bill Bodnar of the Mortgage Market Guide offers three things he's focused on heading into the week. Read more...

Fed Chair Powell: 'We All Want to Avoid a False Start'

Federal Reserve Chair Jerome Powell has urged caution about prematurely reopening the economy in the face of the COVID-19 pandemic. So reports NBC News. Read more...

Mortgage Rates Sit Near Lows, But Volatility Poses Challenges

While mortgage rates stayed near record lows in the past week, their turbulent swings this year means home buyers might have trouble actually securing such cheap financing. So reports MarketWatch. Read more...

Where is Housing Most at Risk from COVID-19 Fallout?

New Jersey leads the nation with the most counties at risk of a housing downturn due to the coronavirus outbreak, according to new research from Attom Data Solutions. So reports MarketWatch. Read more...

Mortgage Industry Hits Back at Calabria Over Payment Delays

Industry leaders have fired back sharply at Federal Housing Finance Agency director Mark Calabria’s remarks that mortgage servicers won’t need help for at least a year. Calabria also estimated that 2 million mortgage holders could miss payments by the end of May. So reports CNBC. Read more...

Policy, FinTech Innovation to Help Protect Against Fraud Risk in Days Ahead: First American

First American Financial has released the First American Loan Application Defect Index for February 2020, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. Read more...

DocMagic Launches AutoPrep Technology, Enabling Total eClose to Accept Documents from Any Provider for Paperless eClosings

DocMagic, a provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of AutoPrep, a new technology that enables the company’s Total eClose™ platform to accept documents from any source, including non-e-enabled documents. Read more...

Mortgage Rates Fall Again, Near Record Low

Interest rates on home loans have dropped for a second straight week and are again within striking distance of their all-time lows. So reports Yahoo Finance. Read more...

HUD Launches Mortgage Relief Plan to Help With COVID-19

The U.S. Department of Housing and Urban Development has imposed a moratorium of up to a year on struggling borrowers’ payments for government-insured mortgage loans. So reports Politico. Read more...

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