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Lending (1515)

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...

Veterans Like Their Chances of Buying a House

A survey by Veterans United Home Loans has found that about 75% of veterans and service members are mulling home purchases in the coming year. So reports TheMReport. Read more...

Mortgage Rates Leap to Highest So Far This Year

U.S. long-term mortgage rates have climbed to a year-to-date peak. So reports CNN. Read more...

Bodnar of MMG: A Central Bank Induced Recession?

Bill Bodnar of the Mortgage Market Guide discusses Jerome Powell on Capitol Hill, the potential for Central Bank-induced recession, Janet Yellen's forward guidance and the Fed's favored inflation gauge. Read more...

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