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Lending (1538)

Homebuyer 'Love Letter' Ban Halted By U.S. Judge in Oregon

Homebuyer 'Love Letter' Ban Halted By U.S. Judge in Oregon

Friday, 18 March 2022
Lending
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Oregon’s ban on “love letters” from would-be homebuyers to sellers goes too far, a federal judge has ruled. So reports The Oregonian. Read more...
Bodnar of MMG: We Have Liftoff!

Bodnar of MMG: We Have Liftoff!

Thursday, 17 March 2022
Lending
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The Fed raised the Fed Funds Rate for the first time in three years. "Now, we have to watch how many rate hikes the economy can absorb," says Bill Bodnar of the Mortgage Market Guide (MMG).  Read more...
More Americans See Rates and Prices Continuing to Rise: Survey

More Americans See Rates and Prices Continuing to Rise: Survey

Friday, 11 March 2022
Lending
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When it comes to mortgage rates and house prices, the prevailing view among U.S. consumers is that both will keep rising even more in the year ahead. That’s according to Fanne Mae’s monthly Home Purchase Sentiment Index report. Read more...
Guaranteed Rate Merges with Title Underwriter ATG

Guaranteed Rate Merges with Title Underwriter ATG

Friday, 11 March 2022
Lending
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Title insurance underwriter Attorneys’ Title Guaranty Fund has announced that it has agreed to merge with mortgage lender Guaranteed Rate. Read more...
Wolters Kluwer Buys IDS in $70M Deal

Wolters Kluwer Buys IDS in $70M Deal

Friday, 11 March 2022
Lending
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Wolters Kluwer has announced a roughly $70 million cash deal with The Reynolds and Reynolds Company to acquire International Document Services. So reports Dow Jones Newswires. Read more...
Mortgage Lenders Gloomy About Profits, Fannie Mae Survey Finds

Mortgage Lenders Gloomy About Profits, Fannie Mae Survey Finds

Friday, 11 March 2022
Lending
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A quarterly Fannie Mae survey finds that mortgage lenders remain downbeat about near-term profitability. So reports DSNews. Read more...
Bodnar of MMG: The Fed is in a Pickle

Bodnar of MMG: The Fed is in a Pickle

Friday, 11 March 2022
Lending
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Bill Bodnar of the Mortgage Market Guide (MMG) discusses how interest rates ticked despite continued uncertainty with the Ukraine/Russia war. Read more...
Mortgage Rates Follow Bond Yields Lower After Ukraine Invasion

Mortgage Rates Follow Bond Yields Lower After Ukraine Invasion

Friday, 04 March 2022
Lending
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Yields on U.S. Treasuries fell after the Russian invasion of Ukraine, and mortgage rates, as they typically do, have followed suit. So reports MarketWatch. Read more...
Industry Slowdown Hits Rocket’s and UWM’s 2021 Earnings

Industry Slowdown Hits Rocket’s and UWM’s 2021 Earnings

Friday, 04 March 2022
Lending
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The country’s two biggest non-bank mortgage lenders have each announced strong 2021 profits, though their earnings were down from the prior year amid a cooling mortgage market. So reports The Detroit Free Press. Read more...
Mortgage Demand Fizzles, But Could See Boost as Rates Drop

Mortgage Demand Fizzles, But Could See Boost as Rates Drop

Friday, 04 March 2022
Lending
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Although appetite for mortgages wavered in the most recent weekly survey, demand will likely revive soon as the Russian invasion of Ukraine impacts interest rates. So reports CNBC. Read more...

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