Lending

Lending (1462)

Rocket Cos. Names Varun Krishna as CEO

Rocket Companies has appointed Varun Krishna as its new permanent CEO. So reports the Detroit Free Press. Read more...

Bodnar of MMG: A Lot Of Buying Momentum in Bonds

"This week, we look at the 10-year note yield chart and watched yields right from an important yield resistance level on the heels of a softer than expected Jobs Report," says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...

Bodnar of MMG: The Calm Before the Storm

Bill Bodnar of the Mortgage Market Guide says this past week is the calm before the storm. Read more...

Fannie Mae Maintains Forecast of Mild Recession

Fannie Mae’s Economic and Strategic Research Group has noticed the resiliency of the U.S. economy, but isn’t backing away from its recession projections just yet. So reports NEXT Mortgage News. Read more...

First American: "Home Sales Have Likely Already Bottomed"

First American Financial has suggested that existing home sales may have nowhere to go but up, which would be welcome news for mortgage lenders. So reports MReport. Read more...

Mortgage Rates Drop to Lowest in Four Weeks

U.S. long-term mortgage rates have fallen amid signs of slowing inflation. So reports ABC News. Read more...

Wells Fargo and JPMorgan See Mortgages Improve

Wells Fargo and JPMorgan Chase have each announced second-quarter earnings, and the two banks’ mortgage originations rose from earlier the year at both. So reports The Wall Street Journal. Read more...

Bodnar of MMG: Higher-for-Longer Double Whammy

Bill Bodnar of the Mortgage Market Guide explains how the Jobs Report from Friday was a mixed bag. Read more...

HUD Earmarks $75M for Tribal Community Development

The Department of Housing and Urban Development has unveiled plans to offer $75 million via the Indian Community Development Block Grant Program. So reports DS News. Read more...

UWM Employees Attend Golf’s Rocket Mortgage Classic

Around 20 employees from competitor United Wholesale Mortgage unexpectedly turned up on the second day of the Rocket Mortgage Classic golf tournament. So reports the Detroit Free Press. Read more...

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