Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Chris Frankie

Chris Frankie

Bodnar of MMG: Why Bond Pricing Worsened

Friday, 12 February 2021
Bodnar of MMG: Why Bond Pricing Worsened

Bill Bodnar of The Mortgage Market Guide explains that rates ticked up a bit and MBS saw price declines despite Fed bond buying. On Wednesday, the Fed purchased $9 Billion in bonds and pricing worsened... why? $20 Billion was offered for sale.

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Forbearances Fall Below 2.7M for First Time Since April: Black Knight

Saturday, 13 February 2021
Forbearances Fall Below 2.7M for First Time Since April: Black Knight

According to Black Knight’s McDash Flash Forbearance Tracker, the number of mortgages in active forbearance fell again this week, dropping 48,000 (-1.6%) from last Tuesday.

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LoanDepot, in Slimmed-Down IPO, Raises Only $54M

Saturday, 13 February 2021
LoanDepot, in Slimmed-Down IPO, Raises Only $54M

Online mortgage lender LoanDepot has raised $54 million in a downsized initial public offering. So reports Renaissance Capital’s IPO Center.

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