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Lending (1563)

Former Chick-Fil-A Director Admits to Mortgage Fraud

Former Chick-Fil-A Director Admits to Mortgage Fraud

Friday, 24 September 2021
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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

Podcast: FirstClose’s Kathleen Mantych Talks Mortgage Tech

Friday, 24 September 2021
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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

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

Thursday, 23 September 2021
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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

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

Friday, 17 September 2021
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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

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

Friday, 17 September 2021
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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

Mortgage Delinquency Rate Falls for 10th Straight Month

Friday, 17 September 2021
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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

FHFA Proposes Changes to Capital Rule for Fannie and Freddie

Friday, 17 September 2021
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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...
Homeowners Put Off Refinances Despite Low Rates

Homeowners Put Off Refinances Despite Low Rates

Friday, 17 September 2021
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Demand for mortgage refinance loans has kept dropping, despite mortgage rates that continue near historically low levels. So reports Moneywise. Read more...
Mortgage Rates Slip Amid Delta Variant Anxiety

Mortgage Rates Slip Amid Delta Variant Anxiety

Friday, 17 September 2021
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Long-term mortgage rates have posted a weekly average decline, as financial markets grapple with a fresh bout of delta variant COVID cases. So reports the Associated Press. Read more...
With 92K Drop, Forbearances Down 3.1M from Peak: Black Knight

With 92K Drop, Forbearances Down 3.1M from Peak: Black Knight

Saturday, 11 September 2021
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The number of active forbearance plans fell by 92,000 (-5.4%) in the most recent week's data from Black Knight, driven by lingering August expirations and new activity taking place in September. Read more...

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