Lending

Lending (1516)

Mortgage Services Call on Feds for Help Over Forbearances

U.S. mortgage servicers are keeping up their pressure on the government for emergency aid as more borrowers stop paying their loans. So reports Reuters. Read more...

Millennials Ramp Up Refinance Activity in March

Millennial borrowers seized an opportunity to refinance in March, as interest rates tumbled. So reports Forbes.com. Read more...

Mortgage Credit Availability Index Falls to Lowest Level Since 2014

Mortgages haven’t been this hard to get in more than five years, as lenders tighten their standards during the fallout from the coronavirus pandemic. So reports Forbes.com. Read more...

Mortgage Rates Hover Near All-Time Lows

Long-term U.S. mortgage rates inched in different directions last week but stayed near the record lows set a week earlier. So reports the Associated Press. Read more...

Bodnar of MMG: Why Didn’t Prices Improve More This Week?

Bill Bodnar of The Mortgage Market Guide says there were three events last week that should have pushed bond prices even higher, but didn’t. That begs the question: Is this the bottom? Read more...

Inflow of New COVID-19 Forbearance Plans Declines: Black Knight

After a surge in early April, the number of new forbearance plans being enacted daily began to taper down following the 15th of the month when late fees are traditionally charged for past-due mortgage payments. That's according to Black Knight. Read more...

Mr Cooper Loses $168M in First Quarter

Mr Cooper has posted a first-quarter loss of $168 million. So reports the Associated Press. Read more...

Fannie, Freddie Privatization Looks Tricky Post-Pandemic

The impact of the coronavirus on the mortgage market has added fresh difficulties to the Trump administration’s plan of releasing Fannie Mae and Freddie Mac from federal sway. So reports Bloomberg. Read more...

Weekly Home Purchase Applications Jump 12%

Mortgage applications to buy a home last week rose by 12%, according to the Mortgage Bankers Association. So reports CNBC. Read more...

Mortgage Rates Sink Again to All-Time Low

American mortgage rates have dropped again to the lowest since data-keeping began. So reports Bloomberg. Read more...

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