Lending

Lending (1447)

Trident Mortgage Launches Subsidy Fund After Redlining Settlement

Trident Mortgage has rolled out an $18.4 million mortgage assistant program as part of a settlement announced by the Department of Justice last year over “deliberate discrimination against minority families.” So reports NEXT Mortgage News. Read more...

FHFA Seeks More Input on Credit Score Shift

The Federal Housing Finance Agency has revealed plans for more stakeholder forums, listening sessions and other public engagement ahead of Fannie Mae and Freddie Mac’s new credit score requirements. So reports MortgageOrb. Read more...

MMG's Bodnar: It's All About Inflation and Oil

Bill Bodnar of the Mortgage Market Guide (MMG) digs into inflation and oil and their impact on the mortgage market. Read more...

ICE Closes on Black Knight Deal

Intercontinental Exchange, owner of the New York Stock Exchange, has wrapped up its purchase of housing finance data provider Black Knight. So reports MortgageOrb. Read more...

Average Mortgage Payment Surges 60% in Two Years

The average mortgage payment among borrowers purchasing a home has soared 60% over the past two years to $2,306, before taxes and insurance, according to Black Knight data. So reports Real Estate News. Read more...

Housing Costs Keep Consumer Sentiment Gloomy: Fannie Mae

Although consumers have become slightly less downbeat than a year ago, affordability concerns have continued to dim their perceptions about whether it’s a good time to buy a house, according to Fannie Mae. So reports DSNews. Read more...

Mortgage Rates Edge Down But Hold Above 4% for Fourth Week

U.S. long-term mortgage rates have slipped but still hold close to their highest since the early 2000s. So reports Reuters. Read more...

Mortgage Rates Stay Above 7% for Third Straight Week

U.S. long-term mortgage rates have slipped but remained above 7% for a third week in a row. So reports CNN. Read more...

Can Remote Work Ease the Affordability Crunch?

Flexible working arrangements have remained popular long after the onset of the COVID pandemic, which could help reduce affordability pressures around homebuying. So reports Fannie Mae’s Perspectives blog. Read more...

Guild Mortgage Acquires Midwest-Based First Centennial

San Diego, California-based lender Guild Mortgage has acquired Illinois-based First Centennial Mortgage, which has branches mainly in the Midwest. So reports MReport. Read more...

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