Lending

Lending (1472)

Figure Hires Banks to Take Lending Arm Public: Bloomberg

Fintech company Figure Technologies has enlisted banks such as Goldman Sachs, JPMorgan Chase and Jefferies Financial for its lending arm’s initial public offering, according to sources with knowledge of the situation. So reports Bloomberg. Read more...

Mortgage Rates Post Fifth Weekly Decline in a Row

U.S. long-term mortgage rates have fallen for a fifth consecutive week. So reports CNN. Read more...

VA Pauses Foreclosures for 6 Months

The Department of Veterans Affairs has called a moratorium on foreclosures for veterans and servicemembers with VA-guaranteed loans until May 31, 2024. So reports NPR. Read more...

NAR's Lawrence Yun Sees Home Sales Rebounding in 2024

According to Lawrence Yun, chief economist at the National Association of Realtors, mortgage rates will fall in time for home sales to climb next year. So reports DSNews. Read more...

Pending Home Sales Rise to 12-Month High: Redfin

Price cuts, paying for closing costs and other concessions have helped drive home sales to their highest level in a year. So reports Money. Read more...

Rithm Capital Caps Sculptor Deal After Fight

Newrez parent Rithm Capital has wrapped up its acquisition of hedge fund Sculptor following months of rival offers, legal filings and other drama. So reports Bloomberg. Read more...

MMG's Bodnar: Inflation Going in the Right Direction

Bill Bodnar of the Mortgage Market Guide (MMG) discusses yield resistance, housing starts and comments on potential Fed activity in 2024. Read more...

MMG's Bodnar: A Crazy Week Last Week

Bill Bodnar of the Mortgage Market Guide discusses interest rates, Treasury yields, Fed chairman Powell's comments that sent the bond market haywire, and the labor market starting to crack a little bit.  Read more...

Freddie Mac Taps Lance Drummond as Board Chair

Freddie Mac has named Lance Drummond as the next chair of its board of directors. So reports DSNews. Read more...

Housing Affordability Falls to 39-Year Low: ICE

Home buyers have gone back to the 1980s, at least in terms of how little house they can afford, according to a new report by Intercontinental Exchange. So reports NEXT Mortgage News. Read more...

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