Lending

Lending (1516)

Homeowners OK with Appraisal Process, But That’s Changing: Survey

A new Javelin/ServiceLink survey finds that more than one-third of consumers who recently bought, sold or refinanced their homes expressed a willingness to use self-serve technology in the home inspection process. Most say they believe it would be faster. Read more...

Wolters Kluwer to Acquire eOriginal for $280M

Wolters Kluwer Governance, Risk & Compliance has agreed to buy Baltimore-based eOriginal, a cloud-based digital lending software provider. Read more...

To Stimulate Or Not to Stimulate?

Bill Bodnar of The Mortgage Market Guide (MMG) discusses current stimulus negotiations and the latest pandemic developments. Read more...

Mr. Cooper to Pay $91M to Settle Claims of Deceptive Practices

Nationstar, which now operates as Mr. Cooper, has agreed to pay $91 million to resolve allegations by the Consumer Financial Protection Bureau and 50 state attorneys general that it engaged in unlawful servicing practices. So reports CNBC. Read more...

CFPB Wraps Up Revamp of Mortgage Underwriting Rules

The Consumer Financial Protection Bureau has issued two final rules easing mortgage-lending rules about a borrower’s repayment ability. So reports Reuters. Read more...

Supreme Court Hears Fannie Mae, Freddie Mac Case

The Supreme Court has been listening to oral arguments via phone in a pivotal case involving the Federal Housing Finance Agency and its oversight of mortgage giants Fannie Mae and Freddie Mac since the 2008 financial crisis. So reports the Associated Press. Read more...

Biden Administration Could Play Big Role in Housing

Housing experts foresee President-elect Joe Biden being more engaged in housing issues than previous White House occupants. So reports MarketWatch. Read more...

Homebuyers Ring in Holiday Season with Mortgage Applications

The start to the holiday season has brought with it a surge in demand from homebuyers. So reports The Real Deal. Read more...

FHFA Extends Foreclosure Moratorium Through January

The Federal Housing Finance Agency has announced that single-family homeowners with mortgages backed by Fannie Mae and Freddie Mac will be protected from foreclosure for at least another month. Read more...

Mortgage Rates Edge Down to 14th Record Low of 2020

Freddie Mac’s weekly mortgage rate averages have hit their 14th all-time low since the pandemic struck this spring. So reports MarketWatch. Read more...

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