Lending

Lending (1538)

Little Movement in Forbearance Volumes: Black Knight

The number of active forbearance plans fell by 18,000 (-1.4%) this week, leaving 1.58 million U.S. homeowners in COVID-19 forbearance as of September 14, according to recent data from Black Knight.  Read more...

Mortgage Rates Tick Up But Stay in Narrow Range

Long-term U.S. mortgage rates have edged higher, but they’re still basically treading the same water they have been since mid-August. So reports Money. Read more...

Mortgage Demand Soars in Mid-September

Following a quiet Labor Day week, mortgage demand among homebuyers and homeowners has jumped heading into the fall. So reports CNBC. Read more...

Former Chick-Fil-A Director Admits to Mortgage Fraud

An ex-supervisor for Chick-Fil-A has pleaded guilty to charges based on a scheme that involved bilking $492,000 from the business and forging payroll records for a mortgage loan, according to prosecutors. So reports the Associated Press. Read more...

Podcast: FirstClose’s Kathleen Mantych Talks Mortgage Tech

Kathleen Mantych, senior accounting executive at FirstClose, shares her views on the evolution of mortgage technology. Hear the discussion on a recent episode of the Fintech Hunting podcast. Read more...

Bodnar of MMG: Setting the Stage for a Tapering of Bond Purchases

Fed Chair Jerome Powell set the stage for a tapering of bond purchases as soon as the next Fed Meeting, on November 3rd, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

Forbearances Below 1.6M For 1st Time Since Start of Pandemic: Black Knight

The number of active forbearance plans fell by 22,000 (-1.4%) during the week, bringing the total number of U.S. homeowners in COVID-19 forbearance below 1.6M for the first time since the start of the pandemic, according to recent data from Black Knight.  Read more...

Bodnar of MMG: Talking Taxes, Taper and a Technical Breakout

Bill Bodnar of The Mortgage Market Guide (MMG), says it is all about Taxes, Taper and a Technical Breakout. Read more...

Mortgage Delinquency Rate Falls for 10th Straight Month

The overall U.S. mortgage delinquency rate has declined for a 10th consecutive month, as homeowners weather the economic fallout from a global pandemic. So reports MortgageOrb. Read more...

FHFA Proposes Changes to Capital Rule for Fannie and Freddie

The Federal Housing Finance Agency has proposed a rule to amend the Enterprise Regulatory Capital Framework for Fannie Mae and Freddie Mac. So reports Seeking Alpha. Read more...

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