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Lending

Lending (1504)

loanDepot Settles with Anthony Hsieh, Expands Board

loanDepot Settles with Anthony Hsieh, Expands Board

Friday, 07 April 2023
Lending
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loanDepot announced a settlement with the direct-to-consumer lender’s founder and largest shareholder, Anthony Hsieh, who is also chairman of the board. So reports Insider. Read more...
Home Prices Rise for the First Time in Eight Months: Black Knight

Home Prices Rise for the First Time in Eight Months: Black Knight

Friday, 07 April 2023
Lending
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February brought the first month-over-month gain for U.S. home prices in eight months, according to Black Knight. So reports Mortgage Orb. Read more...
IMBs Just Had Worst Year Since the MBA Has Kept Track

IMBs Just Had Worst Year Since the MBA Has Kept Track

Friday, 07 April 2023
Lending
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Last year was the worst for independent mortgage banks’ production profits since the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report began in 2008. Read more...
Pending Home Sales Climb for Third Month in a Row

Pending Home Sales Climb for Third Month in a Row

Friday, 31 March 2023
Lending
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By one measurement, the volatile housing market has shown signs of possible stabilization. So reports The Real Deal. Read more...
Mortgage Rates Drop for Third Straight Week

Mortgage Rates Drop for Third Straight Week

Friday, 31 March 2023
Lending
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U.S. long-term mortgage rates have seen a third consecutive weekly decline as markets adjusted to the impact of bank turmoil on the Federal Reserve’s inflation-fighting efforts. So reports CNN. Read more...
FHFA Widens Use of COVID-19 Payment Deferrals

FHFA Widens Use of COVID-19 Payment Deferrals

Friday, 31 March 2023
Lending
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The Federal Housing Finance Agency has declared that Fannie Mae and Freddie Mac will make its expanded COVID-19 payment deferrals available to all borrowers facing financial hardship. So reports DSNews. Read more...
Fidelity National Financial Fined $3.5M For No-Poach Deals

Fidelity National Financial Fined $3.5M For No-Poach Deals

Friday, 31 March 2023
Lending
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Fidelity National Financial has agreed to pay a $3.5 million fine to settle antitrust allegations over its “no poach” agreements, the New York state attorney general’s office has announced. So reports The Mortgage Note. Read more...
Bodnar of MMG: What Will It Take to Get Inflation Down to 2%?

Bodnar of MMG: What Will It Take to Get Inflation Down to 2%?

Friday, 31 March 2023
Lending
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Bill Bodnar of the Mortgage Market Guide shares his thoughts on the Fed and inflation. "The Core PCE Index came in light. What will it take for it to get to 2%?"   Read more...
Prepayments Rebound from All-Time Low: Black Knight

Prepayments Rebound from All-Time Low: Black Knight

Friday, 24 March 2023
Lending
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Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight. Read more...
Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline

Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline

Friday, 24 March 2023
Lending
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Most mortgage lenders bled cash in the fourth quarter, notwithstanding thoroughgoing attempts to cut costs. So reports The Real Deal. Read more...

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