Lending

Lending (1573)

95% of Real Estate Agents See Seller’s Market Despite Rate Rise

Although mortgage rates have recently climbed to their highest since 2008, 95% of real estate agents surveyed still say that it’s a seller’s market. That’s according to a blog post by HomeLight. Read more...

Aging Population Won’t Help Housing Supply Crunch: MBA

More than 4 million existing homes are expected to hit the market over the next decade as the U.S. population ages, but that shouldn’t lead to much extra housing supply. That’s according to new research by the Mortgage Bankers Association. Read more...

Bodnar of MMG: Recession, Restrictive and Retreat

These three words dominate the recent headlines as oil and bond yields retreat from recent highs in response to rising recession fears, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

Mortgage Rates Hit Highest Since 2008

Mortgage rates have hit their highest level in almost 14 years, according to weekly data from Freddie Mac. So reports the Mortgage Research Center. Read more...

New Residential Restructures, Rebrands As Rithm Capital

New Residential Investment Corp., provider of capital and services to the mortgage and financial services industry, has announced that it is internalizing its management and rebranding as Rithm Capital. Read more...

CFPB Declares 'Fresh Look' at Qualified Mortgage Rules

The Consumer Financial Protection Bureau announced it will revisit, and possibly update, decade-old rules for the mortgage market. Read more...

JPMorgan Lays Off Hundreds of Home Lending Pros

JPMorgan Chase has confirmed that it will lay off hundreds of home lending employees “as a result of cyclical changes in the mortgage market.” So reports Bloomberg. Read more...

Q4 2021 Critical Defect Rate Rose to 1.95%: ACES Report

ACES Quality Management has released its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and full calendar year (CY) of 2021. It analyzes post-closing quality control data. Read more...

Fannie Mae’s Chief: One Encouraging Sign from New Residential Construction Report

Doug Duncan, Fannie Mae Chief Economist, says one encouraging sign in the residential construction report from the Census Bureau is the 9.1% jump in completions. That’s its highest rate since 2007. Read more...

Bodnar of MMG: What the Fed's Move Means for Long-term Rates

The Fed raised the Fed Funds Rate by .75%, the largest such rate hike since 1994. What does it mean for long-term rates? Read more...

FOLLOW US