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Lending (1539)

Quicken Loans Mortgage Services Names Paul Yatooma VP of Sales

Quicken Loans Mortgage Services Names Paul Yatooma VP of Sales

Wednesday, 16 October 2019
Lending
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Quicken Loans Mortgage Services (QLMS) announced the promotion of Paul Yatooma to the newly created position of Vice President of Sales. Read more...
9 Ways Lenders Can Prepare for an Economic Recession

9 Ways Lenders Can Prepare for an Economic Recession

Tuesday, 15 October 2019
Lending
Written by
It seems every second article you read these days foreshadows our imminent economic demise. This onslaught of recession-focused think pieces seem like an overreaction, but if we learned anything from our recent past, it’s that we’d be foolish to ignore the economic red flags in front of us. Read more...
Bill Bodnar of MMG: What An Unbelievable Interest Rate Environment

Bill Bodnar of MMG: What An Unbelievable Interest Rate Environment

Monday, 14 October 2019
Lending
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Bill Bodnar of the Mortgage Market Guide discusses unemployment, homebuyer demand, a goldilocks scenario, and how the hard data is pointing to no recession. Read more...
Ginnie Mae Loses Another Acting Head

Ginnie Mae Loses Another Acting Head

Friday, 18 October 2019
Lending
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The U.S. Department of Housing and Urban Development has announced the resignation of Ginnie Mae’s acting leader, Maren Kasper. So reports Politico. Read more...
CFPB Eases HMDA 'Burden' in Final Rule

CFPB Eases HMDA 'Burden' in Final Rule

Thursday, 17 October 2019
Lending
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The U.S. Consumer Financial Protection Bureau has issued a final rule under the Home Mortgage Disclosure Act, extending for two years the current temporary threshold for collecting and reporting data about open-end lines of credit. So reports Reverse Mortgage Daily. Read more...
Altisource to Shut Down Owners.com

Altisource to Shut Down Owners.com

Wednesday, 16 October 2019
Lending
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Altisource Portfolio Solutions has announced that it is shutting down its online brokerage Owners.com, which generated $3.8 million of revenue and $8.1 million of loss before income taxes in the first six months of 2019. So reports Seeking Alpha. Read more...
Fed Minutes Show Markets’ Rate-cut Hopes May Be Overdone

Fed Minutes Show Markets’ Rate-cut Hopes May Be Overdone

Tuesday, 15 October 2019
Lending
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The Federal Reserve has released the minutes from the September meeting, showing that some policymakers said investors appear to be pricing in more interest rate cuts than the central bank expects to provide. So reports CNBC. Read more...
Bill Bodnar of MMG: Will Bonds Get Punched in the Face?

Bill Bodnar of MMG: Will Bonds Get Punched in the Face?

Monday, 07 October 2019
Lending
Written by
Bill Bodnar of the Mortgage Market Guide previews a number of factors that could impact mortgage professionals, including last Friday's jobs report and the ongoing trade war with China, among others. Read more...
Jobs Report: Signs Point to Stronger Purchasing Power for Home Buyers

Jobs Report: Signs Point to Stronger Purchasing Power for Home Buyers

Tuesday, 08 October 2019
Lending
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The recently released September Jobs Report signaled good news for the economy, labor force and consumer buying power, according to First American Deputy Chief Economist Odeta Kushi. Read more...
Ditech Completes $1.2B Sale to New Residential

Ditech Completes $1.2B Sale to New Residential

Thursday, 10 October 2019
Lending
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New Residential has closed its deal to buy “select assets” from Ditech Financial and Ditech Holdings, with a price tag of $1.2 billion. So reports Seeking Alpha. Read more...

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