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Homebuyer Demand for Mortgages Rises: MBA

Homebuyer Demand for Mortgages Rises: MBA

Tuesday, 24 September 2019
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Purchasers of homes do not appear to have been held back by recent weeks’ uptick in interest rates. So reports CNBC, citing a pair of reports from the Mortgage Bankers’ Association. Read more...
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Fed Cuts Rates Again By a Quarter Point

Fed Cuts Rates Again By a Quarter Point

Monday, 23 September 2019
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The Federal Reserve has cut interest rates for a second straight meeting, amid worries about global economic growth. So reports CNN. Read more...
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Bill Bodnar of MMG: Awkward Converations with Clients

Bill Bodnar of MMG: Awkward Converations with Clients

Monday, 23 September 2019
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Bill Bodnar from the Mortgage Market Guide discusses the Fed rate cut and the awkward conversations those in the mortgage business are likely having with clients these days. Read more...
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First Reactions: The Treasury Plan for GSE Reform by Administrative Means

First Reactions: The Treasury Plan for GSE Reform by Administrative Means

Friday, 20 September 2019
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Don Layton, Senior Industry Fellow at the Joint Center for Housing Studies of Harvard University and CEO of Freddie Mac from May 2012 until June 2019, offers his perspectives on the the US Treasury’s much-awaited Housing Reform Plan. Read more...
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Three Ways to Correct Boom or Bust Selling Cycles

Three Ways to Correct Boom or Bust Selling Cycles

Thursday, 19 September 2019
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By Pat Sherlock, Founder QFS Sales Solutions Mortgage origination has always had boom and bust selling cycles. When the good times roll, originators do well. Read more...
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Nearly 2M Borrowers Just Lost Refi Incentive

Nearly 2M Borrowers Just Lost Refi Incentive

Monday, 16 September 2019
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The Freddie Mac 30-year average inched back up to 3.56% last week after dipping to 3.49% the previous week. And, just like that, the population of high-quality refinance candidates fell by almost 2 million to 9.8million, according to data from Black Knight. Read more...
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Bill Bodnar of MMG: One Hell of a Week

Bill Bodnar of MMG: One Hell of a Week

Monday, 16 September 2019
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Bill Bodnar from the Mortgage Market Guide discusses the technical picture, US-China relations, the ongoing tug-of-war and how those in the mortgage market have gotten "smacked in the face" recently. Read more...
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Fidelity National Scraps Stewart Acquisition

Fidelity National Scraps Stewart Acquisition

Wednesday, 18 September 2019
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Fidelity National Financial has announced that it is calling off its proposed purchase of Stewart Information Services Corp., citing opposition by the Federal Trade Commission. So reports MarketWatch. Read more...
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Mortgage Applications Rise on Lower Rates: MBA

Mortgage Applications Rise on Lower Rates: MBA

Tuesday, 17 September 2019
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As U.S. home mortgage rates dipped to new three-year lows, mortgage applications to buy or refinance a home increased in early September, the Mortgage Banking Association’s weekly data show. So reports Reuters. Read more...
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Trump Officials Clash with Senators Over Fannie, Freddie Plan

Trump Officials Clash with Senators Over Fannie, Freddie Plan

Tuesday, 17 September 2019
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Trump administration officials advocated for their plan to bring Fannie Mae and Freddie Mac toward private ownership last week in the face of sharp criticism from Democratic senators. So reports the Associated Press. Read more...
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