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Lending (1563)

Ex-HUD Secretary Julián Castro Ends White House Run

Ex-HUD Secretary Julián Castro Ends White House Run

Saturday, 04 January 2020
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Julián Castro, the former Housing and Urban Development Secretary, has announced the end of his bid for the presidency. So reports The Hill. Read more...
CEO of Online Mortgage Brokerage Trussle Resigns

CEO of Online Mortgage Brokerage Trussle Resigns

Wednesday, 08 January 2020
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The founding CEO of Tussle, a fintech startup, has left the firm with little explanation. So reports TechCrunch. Read more...
Pending Home Sales Bounce Back, Led By Western Region

Pending Home Sales Bounce Back, Led By Western Region

Saturday, 04 January 2020
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Contracts to buy existing U.S. homes rebounded modestly in November 2019 thanks to a leap in activity in the nation’s western region. So reports MarketWatch. Read more...
Home Prices Climb to 15% Above 2006 Pre-Crisis Peak

Home Prices Climb to 15% Above 2006 Pre-Crisis Peak

Saturday, 04 January 2020
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A key measure of nationwide home prices rose in October 2019 to more than 15% above the pre-financial crisis peak reached in July 2006, S&P Dow Jones Indices announced. Read more...
Fraud Risk Rose for Home Purchase Mortgages

Fraud Risk Rose for Home Purchase Mortgages

Tuesday, 07 January 2020
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A benchmark for the estimated frequency of defects, fraud and misrepresentation in mortgage loan application documents rose for purchase deals in November 2019, the first monthly increase since March, First American Financial has announced. Read more...
Mortgage Rates Start the 2020s Near Historic Lows

Mortgage Rates Start the 2020s Near Historic Lows

Saturday, 04 January 2020
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Interest rates for home loans dipped slightly as 2020 began, staying at close to historically low points as they have for the last two months. That’s according to weekly data from Freddie Mac. Read more...
15 Strategies for Lenders to Improve Profitability: White Paper

15 Strategies for Lenders to Improve Profitability: White Paper

Tuesday, 17 December 2019
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MTC's latest white paper outlines 15 actionable strategies mortgage lenders use to improve profitability. These include secondary marketing strategies, business operations and technology. Read more...
Would End to Single-Family Zoning Fix Housing Affordability?

Would End to Single-Family Zoning Fix Housing Affordability?

Thursday, 19 December 2019
Lending
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Abolishing single-family zoning could be a solution for the lack of an adequate supply of entry-level homes, conservative think tank American Enterprise Institute said in a new MarketWatch op-ed. Read more...
Q3 Home Equity Jumps 51%, or $457B

Q3 Home Equity Jumps 51%, or $457B

Wednesday, 18 December 2019
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U.S. homeowners with mortgages saw their equity rise by 5.1% in the third quarter of 2019 from the same period a year earlier, representing an almost $457 billion gain. That’s according to CoreLogic’s latest Home Equity Report. Read more...
Mortgage Rates Rise Again, But for How Long?

Mortgage Rates Rise Again, But for How Long?

Saturday, 14 December 2019
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While mortgage rates have trended upward over the past three months, it’s uncertain how much further they can go up without making homes look unaffordable. So reports MarketWatch. Read more...

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