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Lending (1573)

MBA Forecast: Commercial/Multifamily Lending to Climb 9% to $683B in 2020

MBA Forecast: Commercial/Multifamily Lending to Climb 9% to $683B in 2020

Monday, 13 January 2020
Lending
Written by
Commercial and multifamily mortgage bankers are expected to close a record $683 billion of loans backed by income-producing properties in 2020, a 9% increase from 2019’s anticipated record volume of $628 billion, according to a new forecast from the Mortgage Bankers Association (MBA). Read more...
What Does the Expiration of the CFPB’s Qualified Mortgage 'GSE Patch' Mean for Lenders?

What Does the Expiration of the CFPB’s Qualified Mortgage 'GSE Patch' Mean for Lenders?

Thursday, 16 January 2020
Lending
Written by
Last Friday marked the one year countdown until GSE patch on non-qualified mortgages is set to expire. This is not a lot of time. Read more...
2020 Mortgage Lending Resolutions: 7 Tips for a Successful 2020

2020 Mortgage Lending Resolutions: 7 Tips for a Successful 2020

Friday, 17 January 2020
Lending
Written by
Maxwell has released its latest ebook, 2020 Mortgage Lending Resolutions: 7 Tips for a Successful 2020. Read more...
Fed Vice Chair Says Economy is in a 'Good Place'

Fed Vice Chair Says Economy is in a 'Good Place'

Thursday, 16 January 2020
Lending
Written by
Federal Reserve Vice Chairman Richard Clarida said the U.S. economy is in a “good place,” during recent remarks. He also vouched for the central bank’s current stance on interest rates. So reports MarketWatch. Read more...
HUD to Scrap Obama-Era Desegregation Rule

HUD to Scrap Obama-Era Desegregation Rule

Wednesday, 15 January 2020
Lending
Written by
The Department of Housing and Urban Development has unveiled a proposed rule that rolls back 2015 fair housing regulations put in place by the Obama administration. So reports The Hill. Read more...
Mortgage Rates Dive to Three-Month Lows on Iran Tensions

Mortgage Rates Dive to Three-Month Lows on Iran Tensions

Monday, 13 January 2020
Lending
Written by
Last week, mortgage rates fell to their lowest levels since October as investors worried about a military back-and-forth between the United States and Iran. So reports MarketWatch. Read more...
California Governor Pushes Plan for State CFPB

California Governor Pushes Plan for State CFPB

Tuesday, 14 January 2020
Lending
Written by
California Governor Gavin Newsom has proposed a new California Consumer Financial Protection Law, modeled on the federal Consumer Financial Protection Bureau. Read more...
Bill Bodnar of MMG: A Pretty Rough Ride

Bill Bodnar of MMG: A Pretty Rough Ride

Monday, 13 January 2020
Lending
Written by
Bill Bodnar of The Mortgage Market Guide talks about the impact of the de-escalation between Iran and the United States, jobs reports, and good news coming out of Europe. Read more...
First American Expands Ownership Interest and Acquires Title Security Agency

First American Expands Ownership Interest and Acquires Title Security Agency

Friday, 10 January 2020
Lending
Written by
First American Financial announced it has fully acquired Title Security Agency, a well known brand within the Arizona real estate community with four decades of experience. First American had been a minority owner for five years. Read more...
Construction Spending Rises 0.6%, Led By Home Building

Construction Spending Rises 0.6%, Led By Home Building

Thursday, 09 January 2020
Lending
Written by
U.S. construction spending increased for a fifth consecutive month in November, increasing by a hefty 0.6%, according to the Commerce Department. So reports the Associated Press. Read more...

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