Lending

Lending (1516)

CFPB Proposes New 'Seasoned' Qualified Mortgage Category

The Consumer Financial Protection Bureau (CFPB) has proposed establishing a new category of qualified mortgages called Seasoned QM. Read more...

Loans in Forbearance Fall for 10th Straight Week

Fewer Americans are postponing their mortgage payments. That’s according to the latest weekly report by the Mortgage Bankers Association. Read more...

Fannie, Freddie’s New Refinance Fee Faces Criticism

A new fee that Fannie Mae and Freddie Mac have announced they will soon charge on all refinances has run into widespread resistance. So reports MarketWatch. Read more...

Mortgage Rates Rise as Homebuyer Demand Remains Bright Spot

Long-term mortgage rates have risen but remain near historic lows, amid mixed signals on the broader economy. So reports the Associated Press. Read more...

Forbearances Fall by 101,000: Black Knight

The number of active forbearance plans fell by 101,000 from the week prior, driven in part by the estimated 500,000 plans that were set to expire at the end of July entering the last week of the month. Read more...

Fintech Hunting Podcast: Ellie Mae's Kujala on Improving the Way Lenders Process Loans

Eric Kujala, Director of Product Marketing at Ellie Mae, discuss trends in the industry, the current state of AI (artificial intelligence), the difference between AI and RPA, and how they are currently being used in the mortgage industry. Read more...

Bodnar of MMG: A Lotta Green

Bill Bodnar of The Mortgage Market Guide (MMG) discusses mortgage-backed securities, stocks, rates, jobs and housing. Read more...

Weekly Jobless Claims Hit Lowest Since COVID-19

Defying economist predictions, weekly unemployment claims have fallen to their lowest since the onset of the coronavirus pandemic. So reports CNBC. Read more...

Dan Gilbert’s Rocket Cos. Blasts Off After Shrunken IPO

Shares in billionaire Dan Gilbert’s Rocket Companies soared as much as 26% in their Wall Street debut, following a downsized initial public offering. So reports Bloomberg. Read more...

Household Debt Falls for 1st Time Since 2014, But Mortgages Rise

While mortgage loans kept increasing in the second quarter, overall household debt dropped for the first time since 2014 amid the coronavirus pandemic. So reports Bloomberg. Read more...

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