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Lending (1539)

Fed Holds Rates Steady, Signals Pause for 2020

Fed Holds Rates Steady, Signals Pause for 2020

Saturday, 14 December 2019
Lending
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The Federal Reserve kept interest rates unchanged at its December meeting and indicated no plans to cut them further in the year ahead. So reports CBS News. Read more...
Substantial Risk, Compliance Concerns Remain for U.S. Lenders: Survey

Substantial Risk, Compliance Concerns Remain for U.S. Lenders: Survey

Tuesday, 10 December 2019
Lending
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Notable regulatory compliance and risk challenges remain high in a number of key areas for U.S. banks and credit unions, according to results of Wolters Kluwer’s 2019 Regulatory & Risk Management Indicator survey. Read more...
Servicer Retention Rates Fall in Q3: Black Knight

Servicer Retention Rates Fall in Q3: Black Knight

Friday, 13 December 2019
Lending
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After hitting an 18-year low in Q4 2018, refinance lending has nearly doubled (+94%) over the past three quarters. In Q3 2019, refinance lending hit its highest level in nearly three years. Read more...
Fannie, Freddie Name Common Securitization Solutions CEO

Fannie, Freddie Name Common Securitization Solutions CEO

Thursday, 12 December 2019
Lending
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Fannie Mae and Freddie Mac have announced Anthony Renzi as the CEO of Common Securitization Solutions. So reports the Philadelphia Business Journal. Read more...
Millennial Refinances Hit Record High in October

Millennial Refinances Hit Record High in October

Wednesday, 11 December 2019
Lending
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The monthly share of refinances closed by millennials rose to a new high in October, according to the latest Ellie Mae Millennial Tracker report. Read more...
Jobs Growth Rebounds Strongly in November

Jobs Growth Rebounds Strongly in November

Sunday, 08 December 2019
Lending
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A surprisingly great jobs reports for November has joined positive consumer sentiment, resilient spending and a soaring stock market as another positive sign for the U.S. economy amid concerns about a global slowdown. So reports CNBC. Read more...
Regulatory Panel Calls Out Nonbank Mortgage Lenders as Risk

Regulatory Panel Calls Out Nonbank Mortgage Lenders as Risk

Sunday, 08 December 2019
Lending
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The Financial Stability Oversight Council has called the rise of nonbank mortgage lenders and servicers a potential threat to financial stability. So reports Reuters. Read more...
Mortgage Delinquencies See Strong Decline in October: Black Knight

Mortgage Delinquencies See Strong Decline in October: Black Knight

Tuesday, 03 December 2019
Lending
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Black Knight provided a “first look” at October 2019 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Read more...
Rising House-Buying Power Accelerating House Price Appreciation: First American

Rising House-Buying Power Accelerating House Price Appreciation: First American

Thursday, 05 December 2019
Lending
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First American Financial released the September 2019 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan area levels. Read more...
Mortgage Fraud Risk Reaches Turning Point: First American

Mortgage Fraud Risk Reaches Turning Point: First American

Monday, 02 December 2019
Lending
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First American Financial released the First American Loan Application Defect Index for October 2019, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. Read more...

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