Lending - The Mortgage Leader

Bodnar of MMG: The Bond Market Is Being Held Hostage Bill Bodnar of the Mortgage Market Guide explores the impact of the debt ceiling debacle.

Subscribe to this RSS feed

Lending (1340)

Fed Says It Won’t Sell Mortgage-Backed Securities Just Yet

Friday, 23 September 2022

Lending

Written by The Mortgage Leader

Federal Reserve chairman Jerome Powell said that selling the central bank’s $2.7 trillion in mortgage bond holdings is “not something we are considering right now.” So reports Bloomberg. Read more...

CFPB Eyes Making COVID-era Mortgage Protections Permanent

Friday, 23 September 2022

Lending

Written by The Mortgage Leader

The Consumer Financial Protection Bureau has asked for public input as it considers whether to potentially bring back pandemic-era automatic refinancing and forbearance measures for the long haul. So reports Bloomberg. Read more...

Mortgage Rates Rise for Fifth Straight Week to Highest Since 2008

Friday, 23 September 2022

Lending

Written by The Mortgage Leader

U.S. long-term mortgage rates have increased for five consecutive weeks as the Federal Reserve signals further aggressive monetary tightening. So reports CNN. Read more...

Guaranteed Rate, CrossCountry Target Hispanic Borrowers

Friday, 23 September 2022

Lending

Written by The Mortgage Leader

Guaranteed Rate and CrossCountry Mortgage have each separately announced initiatives aimed at Hispanic homebuyers. Read more...

Bodnar of MMG: Up, Up, Up

Friday, 23 September 2022

Lending

Written by Chris Frankie

This week, the Fed raised rates, reminded us they can't forecast very well and they want rates higher for longer. Read more...

Rocket Launches 'Inflation Buster' Program

Saturday, 17 September 2022

Lending

Written by The Mortgage Leader

Rocket Mortgage has introduced its “Inflation Buster” program, which helps homebuyers reduce their monthly mortgage payment by one percentage point for the first year of their loan. Read more...

House Passes Bill to Streamline VA Appraisals

Saturday, 17 September 2022

Lending

Written by The Mortgage Leader

The U.S. House of Representatives has passed a bill that would prompt the U.S. Department of Veterans Affairs to revamp its regulations on when appraisals are necessary. So reports MReport. Read more...

loanDepot Brings Aboard New Chief Legal Officer

Saturday, 17 September 2022

Lending

Written by The Mortgage Leader

loanDepot has named Gregory Smallwood as chief legal officer and corporate secretary. Read more...

Mortgage Demand Slips Again Over Labor Day Weekend

Saturday, 17 September 2022

Lending

Written by The Mortgage Leader

Across both refinances and home purchases, demand for mortgages has continued its downward trend, according to the Mortgage Bankers Association. Read more...