Lending

Lending (1526)

Bodnar of MMG: Headline Risk Ahead

"After six weeks of moving higher, rates have stabilized despite more tough talk from a Fed Member and Europe raising rates by .75%," says Bill Bodnar of the Mortgage Market Guide (MMG).  Read more...

Bodnar of MMG: Pain Predicted, Pain Underway

On Friday August 26th, Fed Chair Jerome Powell said there would be "PAIN." And pain there has been, says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...

BoA Launches Zero-Down-Payment Mortgages to Help Minorities

Bank of America has rolled out mortgages with zero down payment and zero closing costs in certain cities, part of a bid to increase homeownership in Black and Hispanic/Latino neighborhoods. So reports NBC. Read more...

Mortgage Rates Spike More Than Half a Point in Two Weeks

U.S. long-term mortgage rates have continued their upward climb, giving homebuyers no break from affordability worries. So reports Yahoo! Money. Read more...

Willow Servicing Nabs $5M in Seed Funding

Willow Servicing, a startup offering a cloud-based mortgage servicing platform, has announced that it closed a $6 million seed funding round. Read more...

Bill Bodnar of MMG: A Bad Week for Bonds

"Bonds and interest rates had a bad week," says Bill Bodnar of the Mortgage Market Guide. Read more...

Bodnar of MMG: Inflation May Have Peaked, So What's Next?

Bill Bodnar of the Mortgage Market Guide (MMG) discusses inflation, oil, the Consumer Price Index and the Producer Price Index. Read more...

Mortgage Rates Edge Down on Favorable Inflation Signals

Long-term U.S. mortgage rates have inched lower following healthy indications on inflation. So reports CNN. Read more...

Mortgage Demand Dips to 22-Year Low

Appetite for home loans has sunk to levels not seen since the turn of the millennium. So reports The Real Deal. Read more...

UWM Profit Shrinks to $215M in 2Q, Besting Rocket

United Wholesale Mortgage has declared $215 million in net income for the second quarter, down from $453 million in the first quarter. However, it still bested the $139 million it saw during the same period last year. So reports the Detroit Free Press. Read more...

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