Lending - The Mortgage Leader

Navigating the Changing Landscape of Mortgage Interest Rates Explore how fluctuating mortgage interest rates are impacting home affordability, influencing lending practices, and shaping borrower strategies in today's dynamic market.

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Lending (1540)

Homeowner Equity Hits All-time High in Q2

Tuesday, 01 October 2019

Lending

Written by Chris Frankie

Homeowners have piled up record sums of potential cash amid climbing home prices and cautious borrowing. So reports CNBC. Read more...

Ditech Wins Court Approval for Restructuring Plan

Thursday, 03 October 2019

Lending

Written by Chris Frankie

A federal bankruptcy judge in New York has approved Ditech’s plans for selling off its forward and reverse mortgage businesses and gaining Chapter 11 bankruptcy protection. So reports Seeking Alpha. Read more...

Weak Business Investment Hobbles Slowing Economy

Wednesday, 02 October 2019

Lending

Written by Chris Frankie

Updated figures show that American businesses tightened their purse strings more than previously estimated last quarter while economic growth continued to slow. So reports Reuters. Read more...

Pending Home Sales Rise 1.6% on Low Rates

Monday, 30 September 2019

Lending

Written by Chris Frankie

Contract signings to buy a home rose in August, the third monthly increase of 2019, according to the National Association of Realtors. So reports MarketWatch. Read more...

Chinese Buying of U.S. Homes May Sink to Eight-year Low

Friday, 04 October 2019

Lending

Written by Chris Frankie

Chinese purchases of U.S. homes will probably fall to their lowest in eight years in the year ending in March 2020 as fallout from the trade war between the two nations continues. That's according to, Chinese real estate website Juwai.com. So reports Reuters. Read more...

Foreclosure Starts Hit 18-Year Low, Prepays Keep Climbing: Black Knight

Monday, 23 September 2019

Lending

Written by Chris Frankie

August saw continued improvement in mortgage performance. At just 36,200 for the month, foreclosure starts hit an 18-year low, and were down more than 23% from this time last year, according to Black Knight. Read more...

Flagstar Bank to Recover $1M of Loan to Live Well

Thursday, 26 September 2019

Lending

Written by Chris Frankie

Flagstar Bank has announced that it expects to recover $1 million of its loan to now-defunct Live Well Financial. So reports Seeking Alpha. Read more...

Better.com to Hire 1,000 in New North Carolina Office

Wednesday, 25 September 2019

Lending

Written by Chris Frankie

New York-based online mortgage lender Better.com has opened an office in Charlotte, North Carolina, and plans to hire 1,000 people for it. So reports WSOC TV. Read more...

CFPB Tells Supreme Court It’s Unconstitutional

Monday, 23 September 2019

Lending

Written by Chris Frankie

In a reversal, the Consumer Financial Protection Bureau has sided with the Trump administration’s argument that the structure of the agency is unconstitutional. So reports Reuters. Read more...