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Lending (1538)

Bodnar of MMG: Stimulus Plan Brings 3 Things Rates Don't Like

Bodnar of MMG: Stimulus Plan Brings 3 Things Rates Don't Like

Friday, 15 January 2021
Lending
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2021 has ushered in plenty of market turbulence, according to Bill Bodnar of The Mortgage Market Guide (MMG). Rates have been on the rise due to escalating inflation expectations. Read more...
FHFA to Keep COVID-19 Loan Flexibility Through February

FHFA to Keep COVID-19 Loan Flexibility Through February

Friday, 15 January 2021
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The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will extend several flexible standards for loan originations by another month. Read more...
Trump Sets Fannie, Freddie Path, But Biden Has Final Say

Trump Sets Fannie, Freddie Path, But Biden Has Final Say

Friday, 15 January 2021
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President Donald Trump’s Treasury Department has unveiled a plan that would effectively suspend Fannie Mae and Freddie Mac’s dividend payments to the U.S. government, setting them on track to leave government control. So reports Bloomberg. Read more...
Biden Calls for Extending Foreclosure Moratorium in Relief Plan

Biden Calls for Extending Foreclosure Moratorium in Relief Plan

Friday, 15 January 2021
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President-elect Joe Biden has urged continuing moratoriums on eviction and foreclosure on government-backed mortgages to September 30 as part of his $1.9 trillion coronavirus relief plan. So reports MarketWatch. Read more...
Mortgage Rates Rise, Signaling Potential End to Historic Lows

Mortgage Rates Rise, Signaling Potential End to Historic Lows

Friday, 15 January 2021
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The long stretch of historically low mortgage rates could be ending as signaled by last week’s rate rise. So reports the Associated Press. Read more...
Consumer Confidence in Housing Falls Again As COVID-19 Pandemic Surges

Consumer Confidence in Housing Falls Again As COVID-19 Pandemic Surges

Tuesday, 12 January 2021
Lending
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The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) fell for the second straight month in December to 74.0, a 6.0 point decline from November. Read more...
Black Knight Adds Guided Close Functionality to eClose Platform

Black Knight Adds Guided Close Functionality to eClose Platform

Monday, 11 January 2021
Lending
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Black Knight said it has delivered new capabilities in the company’s Expedite Close digital closing solution to more easily facilitate fully digital real estate transactions. Read more...
Mortgage Rates Drop Even Lower to Start 2021, Hit Fresh Record

Mortgage Rates Drop Even Lower to Start 2021, Hit Fresh Record

Friday, 08 January 2021
Lending
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As the calendar turned on a new year, interest rates on mortgage loans fell once again to a new all-time low. So reports the Associated Press. Read more...
St. Louis Fed Boss Sees Economic Recovery Continuing in 2021

St. Louis Fed Boss Sees Economic Recovery Continuing in 2021

Friday, 08 January 2021
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The president of the St. Louis Federal Reserve has signaled that he expects the U.S. economy will continue to bounce back in the first six months of this year. So reports Reuters. Read more...
Philly Fed Chief Warns of 'Significant Slowdown' in Q1

Philly Fed Chief Warns of 'Significant Slowdown' in Q1

Friday, 08 January 2021
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The president of the Philadelphia Federal Reserve has cautioned that he is bracing for the economy to lose much of its oomph in the first three months of 2020. So reports Dow Jones. Read more...

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