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Lending (1519)

Impac Mortgage’s Stock Delisted from NYSE American

Impac Mortgage’s Stock Delisted from NYSE American

Friday, 28 April 2023
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NYSE American has delisted Impac Mortgage’s common shares from trading on the exchange. So reports NEXTMortgageNews. Read more...
CFPB Targets Time-Barred 'Zombie Mortgages'

CFPB Targets Time-Barred 'Zombie Mortgages'

Friday, 28 April 2023
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The Consumer Financial Protection Bureau has warned debt collectors against pursuing debt on so-called “zombie mortgages” after the statute of limitations. So reports DSNews. Read more...
Mortgage Rates Tick Up for Second Week in a Row

Mortgage Rates Tick Up for Second Week in a Row

Friday, 28 April 2023
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U.S. long-term mortgage rates have edged upward for a second consecutive week. So reports MReport. Read more...
Rocket’s Gilbert Must Face Insider Trading Suit, Judge Rules

Rocket’s Gilbert Must Face Insider Trading Suit, Judge Rules

Sunday, 23 April 2023
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A class action shareholder lawsuit claiming insider trading by Rocket Companies, Rocket Holdings, chairman Dan Gilbert and Rocket CEO Jay Farner may go ahead, a Detroit federal judge has ruled. So reports The Detroit News. Read more...
Mortgage Delinquency Rate Falls to Record Low: Black Knight

Mortgage Delinquency Rate Falls to Record Low: Black Knight

Sunday, 23 April 2023
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According to Black Knight’s “First Look” report on monthly mortgage performance data, the U.S. mortgage delinquency rate dropped to a record low of 2.92% in March.  Read more...
U.S. Home Building Improves for Second Straight Month

U.S. Home Building Improves for Second Straight Month

Sunday, 23 April 2023
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After five consecutive months of decline, U.S. home building has now increased for two months in a row. So reports Reuters. Read more...
UWM Aims to Hire 500 More Workers Despite Housing Slump

UWM Aims to Hire 500 More Workers Despite Housing Slump

Sunday, 23 April 2023
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United Wholesale Mortgage has announced that it intends to hire 500 more employees over the coming three months, notwithstanding a housing slowdown that has led rivals to reduce headcount. So reports the Detroit Free Press. Read more...
Bodnar of MMG: Bad News Stems the Rate Rise

Bodnar of MMG: Bad News Stems the Rate Rise

Friday, 21 April 2023
Lending
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The Fed is going "quiet" and their favored gauge of inflation hits next Friday. Read more...
FHA Eyes Changes for Accessory Dwelling Units

FHA Eyes Changes for Accessory Dwelling Units

Sunday, 16 April 2023
Lending
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The Federal Housing Administration has proposed updates to its guidelines with the aim of making it easier to build or buy a home with an accessory dwelling unit. So reports the Los Angeles Times. Read more...
UWM Disputes Report of Hostile Culture

UWM Disputes Report of Hostile Culture

Sunday, 16 April 2023
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United Wholesale Mortgage has hit back at a Bloomberg report that portrays a hostile workplace culture, including alleged sexual harassment, drug use and racial discrepancies. So reports The Detroit News. Read more...

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