Lending

Lending (1539)

Mortgage Rates Climb for Third Week, Topping 3.5%

U.S. long-term mortgage rates have notched their consecutive weekly increase, returning to their highest since the start of the pandemic. So reports CNN. Read more...

Home Construction Caps 2021 With a Boom

U.S. homebuilding had a robust finish to last year, with construction starts rising 1.4% in December, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. So reports Builder. Read more...

Redfin to Lay Off 121 Mortgage Employees, Buy Bay Equity

Redfin has signaled that 121 people in its mortgage business will lose their jobs as the company braces for the acquisition of California mortgage lender Bay Equity Home Loans. So reports RISMedia. Read more...

CoreLogic Names Interim CEO as Frank Martell Steps Down

CoreLogic has tapped Pat Dodd as interim president and CEO, taking over for Frank Martell, who moves to non-executive board chairman. So reports MortgageOrb. Read more...

Refi Candidate Population Shrinks to 7.1M: Black Knight

With mortgage rates rising, refinance candidates have become fewer and farther between, new data shows. Read more...

Mortgage Rates Surge to Highest Level Since March 2020

U.S. long-term mortgage rates have logged their second major leap of the year, soaring to their highest since the early days of the pandemic. So reports CNN. Read more...

Bodnar of MMG: Caught Between a Hawkish Fed and Sliding Consumer Sentiment

Bill Bodnar of the Mortgage Market Guide says the financial markets continue to be volatile and are caught between a hawkish Fed and multiple rate hikes along with weak retail sales and sliding consumer sentiment. Read more...

Bill Bodnar of MMG: Seeing Shades of 2018

Bill Bodnar of The Mortgage Market Guide he's seeing shades of 2018. "We expected market volatility and we got it. The Fed Minutes came and the surprisingly hawkish tone hurt bonds, rates and stocks." Read more...

Mortgage Lending Boom Will Continue in 2022: MBA

The Mortgage Bankers Association has projected that homebuyers will keep driving mortgage borrowing higher in the year ahead after a record 2021. So reports ABC News. Read more...

United Wholesale Mortgage Faces State COVID-19 Probe

United Wholesale Mortgage has fallen subject to an investigation by the Michigan Occupational Safety and Health Administration following complaints about the company’s handling of the COVID-19 pandemic. So reports local FOX 2. Read more...

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