Lending - The Mortgage Leader

Emphasizing Risk Assessment in Mortgage Lending Explore the evolving landscape of risk assessment in mortgage lending, highlighting data analytics and innovative strategies that ensure informed lending decisions.

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Lending (1526)

CFPB Declares 'Fresh Look' at Qualified Mortgage Rules

Saturday, 25 June 2022

Lending

Written by The Mortgage Leader

The Consumer Financial Protection Bureau announced it will revisit, and possibly update, decade-old rules for the mortgage market. Read more...

JPMorgan Lays Off Hundreds of Home Lending Pros

Saturday, 25 June 2022

Lending

Written by The Mortgage Leader

JPMorgan Chase has confirmed that it will lay off hundreds of home lending employees “as a result of cyclical changes in the mortgage market.” So reports Bloomberg. Read more...

Q4 2021 Critical Defect Rate Rose to 1.95%: ACES Report

Saturday, 18 June 2022

Lending

Written by The Mortgage Leader

ACES Quality Management has released its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and full calendar year (CY) of 2021. It analyzes post-closing quality control data. Read more...

Fannie Mae’s Chief: One Encouraging Sign from New Residential Construction Report

Saturday, 18 June 2022

Lending

Written by The Mortgage Leader

Doug Duncan, Fannie Mae Chief Economist, says one encouraging sign in the residential construction report from the Census Bureau is the 9.1% jump in completions. That’s its highest rate since 2007. Read more...

Bodnar of MMG: What the Fed's Move Means for Long-term Rates

Saturday, 18 June 2022

Lending

Written by The Mortgage Leader

The Fed raised the Fed Funds Rate by .75%, the largest such rate hike since 1994. What does it mean for long-term rates? Read more...

Fannie Mae Launches Weekly Refinance Application-Level Index

Friday, 17 June 2022

Lending

Written by The Mortgage Leader

Fannie Mae has announced its new Refinance Application-Level Index (RALI), a weekly series geared toward tracking refinance activity and historical trends. Read more...

Loan-Modification Scam Spawns $4.5M Consent Order

Friday, 17 June 2022

Lending

Written by The Mortgage Leader

Florida businesses that allegedly targeted Hispanics in violation of the Fair Housing Act have agreed to pay $4.5 million in a consent order, according to the Department of Justice. So reports the Orlando Sentinel. Read more...

Mortgage Demand Has Fallen By Half Since a Year Ago

Friday, 17 June 2022

Lending

Written by The Mortgage Leader

With home prices high and rates rising, overall mortgage demand has tumbled by roughly half from the same time a year ago, according to one weekly measure. So reports CNBC. Read more...

Foreclosures Continue Their 'Slow, Steady Climb Back to Normal'

Thursday, 16 June 2022

Lending

Written by The Mortgage Leader

Foreclosure activity has continued ticking back up from its pandemic lows, according to the latest monthly data from ATTOM. So reports Forbes.com. Read more...