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Mortgage Lenders Gloomy About Profits, Fannie Mae Survey Finds

Mortgage Lenders Gloomy About Profits, Fannie Mae Survey Finds

Friday, 11 March 2022
Lending
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A quarterly Fannie Mae survey finds that mortgage lenders remain downbeat about near-term profitability. So reports DSNews. Read more...
Bodnar of MMG: The Fed is in a Pickle

Bodnar of MMG: The Fed is in a Pickle

Friday, 11 March 2022
Lending
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Bill Bodnar of the Mortgage Market Guide (MMG) discusses how interest rates ticked despite continued uncertainty with the Ukraine/Russia war. Read more...
Mortgage Rates Follow Bond Yields Lower After Ukraine Invasion

Mortgage Rates Follow Bond Yields Lower After Ukraine Invasion

Friday, 04 March 2022
Lending
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Yields on U.S. Treasuries fell after the Russian invasion of Ukraine, and mortgage rates, as they typically do, have followed suit. So reports MarketWatch. Read more...
Industry Slowdown Hits Rocket’s and UWM’s 2021 Earnings

Industry Slowdown Hits Rocket’s and UWM’s 2021 Earnings

Friday, 04 March 2022
Lending
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The country’s two biggest non-bank mortgage lenders have each announced strong 2021 profits, though their earnings were down from the prior year amid a cooling mortgage market. So reports The Detroit Free Press. Read more...
Mortgage Demand Fizzles, But Could See Boost as Rates Drop

Mortgage Demand Fizzles, But Could See Boost as Rates Drop

Friday, 04 March 2022
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Although appetite for mortgages wavered in the most recent weekly survey, demand will likely revive soon as the Russian invasion of Ukraine impacts interest rates. So reports CNBC. Read more...
Fannie Mae Hires First Chief Diversity and Inclusion Officer

Fannie Mae Hires First Chief Diversity and Inclusion Officer

Friday, 04 March 2022
Lending
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Fannie Mae has appointed its first-ever chief diversity and inclusion officer. So reports RISMedia. Read more...
Bodnar of MMG: Safe-haven Trading Into U.S. Debt

Bodnar of MMG: Safe-haven Trading Into U.S. Debt

Friday, 04 March 2022
Lending
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Interest rates moved lower as the Ukraine/Russian war drives a safe-haven trade into the US debt market, says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...
Foreclosure Starts See 7x Spike: Black Knight

Foreclosure Starts See 7x Spike: Black Knight

Sunday, 27 February 2022
Lending
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Black Knight has been waiting for signs that foreclosure activity would pick up in the wake of various COVID-related protections rolling off the books. January brought those signs in the form of a sevenfold increase in foreclosure starts from the month before, with about 33,000 loans referred to foreclosure in the month, the most in… Read more...
HUD Probe Urged After Racist Appraisal Email

HUD Probe Urged After Racist Appraisal Email

Sunday, 27 February 2022
Lending
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Rep. Maxine Waters (D-Calif.) has urged Housing and Urban Development Secretary Marcia Fudge to investigate potential illegal appraisal discrimination. Read more...
Mortgage Rates Edge Down Ahead of Ukraine Invasion

Mortgage Rates Edge Down Ahead of Ukraine Invasion

Sunday, 27 February 2022
Lending
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U.S. long-term mortgage rates saw a slight dip in the week leading up to the Russian invasion of Ukraine. So reports ABC News. Read more...

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