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Lending (1572)

FHA Proposes Mortgage Payment Cuts to Offset Higher Rates

FHA Proposes Mortgage Payment Cuts to Offset Higher Rates

Sunday, 04 June 2023
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The Federal Housing Administration has asked for public comment on a new proposal for an option for mortgage servicers to lower borrowers’ monthly payments for as long as five years. So reports DSNews. Read more...
Shopping Around Could Save Borrowers $100 Per Month: CFPB

Shopping Around Could Save Borrowers $100 Per Month: CFPB

Sunday, 04 June 2023
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A study by the Consumer Financial Protection Bureau has found that loan shopping could save borrowers $100 or more each month. So reports NEXT Mortgage News. Read more...
UBS Plans to Shutter Business in U.S. Mortgage-Trading Unit

UBS Plans to Shutter Business in U.S. Mortgage-Trading Unit

Sunday, 04 June 2023
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UBS has been preparing to close the “to-be-announced” trading business, which involves forward sales of mortgage-backed securities, within its U.S. mortgage unit. So reports Bloomberg. Read more...
Bodnar of MMG: The Bond Market Is Being Held Hostage

Bodnar of MMG: The Bond Market Is Being Held Hostage

Friday, 26 May 2023
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Bill Bodnar of the Mortgage Market Guide explores the impact of the debt ceiling debacle.   Read more...
Setpoint Snaps Up Resolute Diligence Solutions

Setpoint Snaps Up Resolute Diligence Solutions

Friday, 26 May 2023
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Real-estate funding platform Setpoint has acquired due-diligence provider Resolute Diligence Solutions. So reports FinTech Futures. Read more...
Fannie Mae, Freddie Mac Put on Negative Watch by Fitch

Fannie Mae, Freddie Mac Put on Negative Watch by Fitch

Friday, 26 May 2023
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Fannie Mae and Freddie Mac have been put on notice of a potential credit rating downgrade after Fitch placed them on negative watch amid debt-ceiling negotiations. So reports Reuters. Read more...
Rocket Launches 1% Down Home Loan Program

Rocket Launches 1% Down Home Loan Program

Friday, 26 May 2023
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Rocket Mortgage has rolled out a new 1% down home loan program called ONE+. So reports RISMedia. Read more...
Mortgage Rates Rise to 10-Week High of 6.57%

Mortgage Rates Rise to 10-Week High of 6.57%

Friday, 26 May 2023
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U.S. long-term mortgage rates have climbed to their highest level since mid-March. So reports ABC News. Read more...
Sagent, American Savings Bank Add Seven Years to Partnership

Sagent, American Savings Bank Add Seven Years to Partnership

Monday, 22 May 2023
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Sagent has announced a seven-year extension of its partnership with American Savings Bank. So reports MortgageOrb. Read more...
Mortgage Rates Rebound Slightly Amid Economic Crosscurrents

Mortgage Rates Rebound Slightly Amid Economic Crosscurrents

Monday, 22 May 2023
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U.S. long-term mortgage rates have recovered modestly in the face of cooling inflation and uncertainty around debt-ceiling negotiations. So reports CNN. Read more...

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