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Lending (1447)

Banks' Mortgage Volumes Dive as Borrowing Costs Surge

Banks' Mortgage Volumes Dive as Borrowing Costs Surge

Friday, 22 April 2022
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The recent jump in interest rates has hammered demand for mortgage originations, according to bank executives and Mortgage Bankers Association data. So reports Reuters. Read more...
Fannie Mae Predicts 'Modest Recession' in 2023

Fannie Mae Predicts 'Modest Recession' in 2023

Friday, 22 April 2022
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Fannie Mae has downgraded its economic forecasts for the rest of 2022 and 2023 and now projects a “modest recession” next year. Read more...
Mortgage Rates Extend Climb, Reach Highest Level Since April 2010

Mortgage Rates Extend Climb, Reach Highest Level Since April 2010

Friday, 22 April 2022
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Mortgage rates kept going up in the latest weekly reading, touching their highest point in a dozen years. So reports CNN. Read more...
Fannie Mae Thinks Inventory Is Constrained By Affordability Fears

Fannie Mae Thinks Inventory Is Constrained By Affordability Fears

Friday, 15 April 2022
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A perception among homeowners that affordable housing in their area is difficult to find may be causing people to stay put, adding to constraints on housing inventory. That's according to a survey by Fannie Mae. Read more...
Mortgage Bankers’ Per-Loan Profits Tumbled 44% in 2021

Mortgage Bankers’ Per-Loan Profits Tumbled 44% in 2021

Friday, 15 April 2022
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Mortgage bankers’ profitability on each loan fell a whopping 44% last year, an annual report by the Mortgage Bankers Association (MBA) finds. Read more...
Mortgage Rates Hit 5% for First Time Since 2011

Mortgage Rates Hit 5% for First Time Since 2011

Friday, 15 April 2022
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Mortgage rates have reached another milestone in their recent rise from historic lows, with the benchmark mortgage product touching 5% for the first time in more than a decade. So reports MarketWatch. Read more...
Purchase Loan Locks Leap as Interest Rates Soar

Purchase Loan Locks Leap as Interest Rates Soar

Friday, 15 April 2022
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Home buyers have rushed to set their loan rates in stone given how quickly the broader interest-rate environment is shifting. That according to a new monthly report from Black Knight. Read more...
Bodnar of MMG: Interpreting the Week's Movements

Bodnar of MMG: Interpreting the Week's Movements

Thursday, 14 April 2022
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Fed speak and sobering words from ECB President Christine Lagarde pushed rates up to important technical markers. Read more...
Black Knight Considers Possible Sale

Black Knight Considers Possible Sale

Friday, 08 April 2022
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Black Knight has heard some acquisition interest and is looking into a possible sale. So reports Bloomberg. Read more...
FHFA Pauses Foreclosures for Homeowners Who Seek HAF Aid

FHFA Pauses Foreclosures for Homeowners Who Seek HAF Aid

Friday, 08 April 2022
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The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will force servicers to put foreclosure activities on hold if the servicer has been informed that a borrower has applied for aid from the Treasury Department’s Homeowner Assistance Fund. Read more...

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