Lending

Lending (1508)

Mortgage Credit Falls to New Six-Year Low

Getting a mortgage was harder in September than it has been in any month for more than six years. That’s according to a new report from the Mortgage Bankers Association. Read more...

Trump, Biden Diverge on Mortgage Policy Views

Donald Trump and Joe Biden have sharply differing stances on how the U.S. government should oversee the $11 trillion mortgage market. So reports The Wall Street Journal. Read more...

Mortgage Rates Hang Around All-Time Lows Amid D.C. Chaos

U.S. mortgage rates stayed close to their recent record lows in a week marked by President Donald Trump’s hospitalization for COVID-19 and a legislative fight over fiscal stimulus. So reports Yahoo! Finance. Read more...

Delinquencies Seen Topping Pre-Pandemic Levels Into 2022

Mortgage delinquencies are on pace to stay above pre-pandemic levels until March 2022. That’s according to Black Knight’s latest Mortgage Monitor Report. Read more...

Bodnar of MMG: Trump, COVID-19 and 3 Things the Bond Market Doesn’t Like

Bill Bodnar of The Mortgage Market Guide discusses the impact of the Trumps testing positive for COVID-19. Read more...

Mortgage Disclosure Rule Causes Lenders to Pay: CFPB

The Consumer Financial Protection Bureau, in a new five-year review of its mortgage disclosure rule, has found that the regime carried a price tag for lenders. So reports Asset Securitization Report. Read more...

August Pending Home Sales Surge to All-Time High

Pending home sales have reached their highest level on record since the National Association of Realtors began its monthly survey 19 years ago. So reports The Hill. Read more...

Job Growth Slows As Economic Recovery Loses Steam

The last jobs report before November’s election indicates that the U.S. economic rebound is giving up speed amid a lack of fiscal stimulus or a coronavirus vaccine. So reports Bloomberg. Read more...

Rates Slip Again, But Are Home Prices Too High?

While mortgage rates have edged lower again, it’s uncertain whether home prices could eventually reach a point where buyers as a group are priced out, regardless of rates. So reports MarketWatch. Read more...

Forbearances Down 24% from May Peak: Black Knight

The pace of improvement in the number of mortgages in active forbearance increased this week, as the number of plans fell 95,000 over the last week (-2.6%). Read more...

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