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Lending (1507)

Reverse Mortgage Funding Files for Bankruptcy

Reverse Mortgage Funding Files for Bankruptcy

Friday, 02 December 2022
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Reverse Mortgage Funding has filed for Chapter 11 bankruptcy, joining the ranks of companies felled by rising mortgage rates. So reports Bloomberg. Read more...
Mortgage Rates Fall for a Third Straight Week

Mortgage Rates Fall for a Third Straight Week

Friday, 02 December 2022
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U.S. long-term mortgage rates have declined for a third consecutive week as inflation fears eased. So reports the Associated Press. Read more...
Does $1M Conforming Limit Help or Harm Affordability?

Does $1M Conforming Limit Help or Harm Affordability?

Friday, 02 December 2022
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The housing industry has been debating whether a recent move by the Federal Housing Finance Agency to raise the top conforming loan limit to more than $1 million will help make homes more affordable for buyers. So reports CNN. Read more...
Bodnar of MMG: Takeaways from the Jobs Report and Fed Chair's Speech

Bodnar of MMG: Takeaways from the Jobs Report and Fed Chair's Speech

Friday, 02 December 2022
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The speech from Fed Chair Jerome Powell and the recent Jobs Report are dominating the financial markets. Read more...
Bodnar of MMG: Does Mortgage Rate Relief Have Legs?"

Bodnar of MMG: Does Mortgage Rate Relief Have Legs?"

Tuesday, 22 November 2022
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Mortgage rates endured the sharpest weekly decline in decades. Bill Bodnar of the Mortgage Market Guide asks: "Does the rate relief have legs?" Read more...
G-Fees Rose in 2021 Thanks to Adverse Market Fee

G-Fees Rose in 2021 Thanks to Adverse Market Fee

Tuesday, 22 November 2022
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The average single-family guarantee fee last year was 56 basis points, up two basis points from the year before, according to the latest data from the Federal Housing Finance Agency. So reports MReport. Read more...
Mortgage Buydowns Climb as Builders Hunt Buyers

Mortgage Buydowns Climb as Builders Hunt Buyers

Tuesday, 22 November 2022
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Homebuilders have ramped up their incentive offerings to combat weakened demand for new homes. So reports Builder. Read more...
Mortgage Rates See Biggest Weekly Drop in Four Decades

Mortgage Rates See Biggest Weekly Drop in Four Decades

Tuesday, 22 November 2022
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Economic indicators that inflation may be cooling have driven U.S. long-term mortgage rates to their sharpest weekly decline in more than four decades. So reports CNN. Read more...
Mortgages Drive Sharpest Rise in Household Debt Since 2007

Mortgages Drive Sharpest Rise in Household Debt Since 2007

Tuesday, 22 November 2022
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The Federal Reserve has revealed that sharp upticks in mortgage balances and credit card usage helped drive up household debt in the third quarter at the fastest clip in 15 years. So reports CNBC. Read more...
Secured Signing Aims to Position Lenders for Success

Secured Signing Aims to Position Lenders for Success

Friday, 18 November 2022
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In choosing companies to work with, lenders have many considerations. One of the major takeaways from this year’s MBA Annual is that with the ever-increasing cost to do business, paired with low origination volumes, lenders need to make better decisions related to leveraging digital technologies and exploring innovative ways to cut costs while not compromising… Read more...

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