Lending - The Mortgage Leader

Emerging Trends in Mortgage Lending: Navigating the Landscape with Confidence Explore the emerging trends in mortgage lending, including digital platforms, data-driven decisions, green lending, and regulatory changes, and how they are reshaping the industry.

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Lending (1516)

DocMagic Launches AutoPrep Technology, Enabling Total eClose to Accept Documents from Any Provider for Paperless eClosings

Wednesday, 08 April 2020

Lending

Written by Chris Frankie

DocMagic, a provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of AutoPrep, a new technology that enables the company’s Total eClose™ platform to accept documents from any source, including non-e-enabled documents. Read more...

Mortgage Rates Fall Again, Near Record Low

Sunday, 05 April 2020

Lending

Written by Chris Frankie

Interest rates on home loans have dropped for a second straight week and are again within striking distance of their all-time lows. So reports Yahoo Finance. Read more...

HUD Launches Mortgage Relief Plan to Help With COVID-19

Sunday, 05 April 2020

Lending

Written by Chris Frankie

The U.S. Department of Housing and Urban Development has imposed a moratorium of up to a year on struggling borrowers’ payments for government-insured mortgage loans. So reports Politico. Read more...

Bodnar of MMG: It's Not Just About the Numbers Right Now

Sunday, 29 March 2020

Lending

Written by Chris Frankie

Bill Bodnar of The Mortgage Market Guide discusses The Fed's 'unlimited quantitative easing,' liquidity, the apparent stabilization of the mortgage-backed securities market, upcoming jobs data and the coronavirus. Read more...

Record Unemployment Could Spell Pause for Housing Market

Friday, 03 April 2020

Lending

Written by Chris Frankie

Unprecedented unemployment levels, as businesses shut down to slow the coronavirus pandemic, might portend a sharp and abrupt slowdown for the housing market. So reports Realtor.com. Read more...

Mortgage Rates Tumble as Fed Reassures Lenders

Tuesday, 31 March 2020

Lending

Written by Chris Frankie

Mortgage rates swung sharply downward last week after the Federal Reserve gave lenders a confidence boost amid the coronavirus pandemic. So reports MarketWatch. Read more...

Big Banks Agree to California Mortgage Moratorium

Thursday, 02 April 2020

Lending

Written by Chris Frankie

Leading banks have agreed to allow up to an extra 90 days on mortgage payments in California, the governor has announced. So reports The Hill. Read more...

Foreclosure Starts Hit Lowest Level on Record: Black Knight

Thursday, 26 March 2020

Lending

Written by Chris Frankie

February’s mortgage delinquency rate ticked up slightly from January’s record low, but remained more than 15% below where they were at this time last year, according to a "first look" at February 2020 month-end mortgage performance statistics by Black Knight. Read more...

Mortgage Rates Spike to Highest Since January Despite Fed Cut

Tuesday, 24 March 2020

Lending

Written by Chris Frankie

Borrowing costs for home buyers jumped last week as lenders raced to keep up with refinancing applications amid turmoil in financial markets. That’s despite the Federal Reserve actually cutting its benchmark interest rate. So reports MarketWatch. Read more...