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Lending (1563)

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

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

Thursday, 16 April 2020
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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

Mortgage Rates Sit Near Lows, But Volatility Poses Challenges

Tuesday, 14 April 2020
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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?

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

Friday, 17 April 2020
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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

Mortgage Industry Hits Back at Calabria Over Payment Delays

Wednesday, 15 April 2020
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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

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

Friday, 10 April 2020
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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 Launches AutoPrep Technology, Enabling Total eClose to Accept Documents from Any Provider for Paperless eClosings

Wednesday, 08 April 2020
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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

Mortgage Rates Fall Again, Near Record Low

Sunday, 05 April 2020
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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

HUD Launches Mortgage Relief Plan to Help With COVID-19

Sunday, 05 April 2020
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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...
Bodnar of MMG: It's Not Just About the Numbers Right Now

Bodnar of MMG: It's Not Just About the Numbers Right Now

Sunday, 29 March 2020
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Bill Bodnar of The Mortgage Market Guide discusses The Fed's 'unlimited quantitative easing,' liquidity, the apparent stabilization of the mortgage-backed securities market, upcoming jobs data and the coronavirus. Read more...
Record Unemployment Could Spell Pause for Housing Market

Record Unemployment Could Spell Pause for Housing Market

Friday, 03 April 2020
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Unprecedented unemployment levels, as businesses shut down to slow the coronavirus pandemic, might portend a sharp and abrupt slowdown for the housing market. So reports Realtor.com. Read more...

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