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Lending (1527)

Freddie Mac Hires CFO as Exit Plan Continues

Freddie Mac Hires CFO as Exit Plan Continues

Thursday, 11 June 2020
Lending
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Freddie Mac has appointed a new chief financial officer as it and fellow mortgage giant Fannie Mae move toward a planned exit from government conservatorship. So reports Multi-Housing News. Read more...
Mortgage Rates Inch Up From Record Low as Outlook Brightens

Mortgage Rates Inch Up From Record Low as Outlook Brightens

Sunday, 07 June 2020
Lending
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U.S. long-term mortgage rates have edged higher amid hopes that the economic impact from COVID-19 may have bottomed. So reports the Associated Press. Read more...
Bodnar of MMG: A V-shaped Recovery or a Nike Swoosh?

Bodnar of MMG: A V-shaped Recovery or a Nike Swoosh?

Sunday, 07 June 2020
Lending
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Bill Bodnar of The Mortgage Market Guide discussed the economic optimism stemming from last week's unexpectedly positive jobs report and what that may mean for the economic recovery. Read more...
Fannie Mae Chief Economist Offers Insights on Unemployment Report

Fannie Mae Chief Economist Offers Insights on Unemployment Report

Tuesday, 02 June 2020
Lending
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Doug Duncan, Chief Economist at Fannie Mae, shared his perspective on last week's unemployment figures. Read more...
Two Big Mortgage Lenders Are Going on a Hiring Spree

Two Big Mortgage Lenders Are Going on a Hiring Spree

Friday, 05 June 2020
Lending
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Quicken Loans and United Shore Financial Services have revealed that they are planning to add thousands more employees. So reports The Detroit News. Read more...
Home Prices Keep Rising Despite Pandemic, Unemployment

Home Prices Keep Rising Despite Pandemic, Unemployment

Thursday, 04 June 2020
Lending
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An economy wracked by the coronavirus pandemic and the highest employment since the Great Depression has not yet led to bargains in the housing market. So reports Realtor.com. Read more...
Share of Mortgages in Forbearance May Be Leveling Off

Share of Mortgages in Forbearance May Be Leveling Off

Wednesday, 03 June 2020
Lending
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The percentage of mortgages in forbearance has continued to increase, but at a lower level than earlier in the pandemic, according to data from the Mortgage Bankers Association. So reports FOX Business. Read more...
Mortgage Rates Dive to Third All-Time Low of 2020

Mortgage Rates Dive to Third All-Time Low of 2020

Sunday, 31 May 2020
Lending
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The mortgage market has tumbled to another record low for interest rates, the third so far this year amid the coronavirus pandemic. So reports MarketWatch. Read more...
Nearly 7.4M Homes at Risk of Storm Surge Ahead of Hurricane Season

Nearly 7.4M Homes at Risk of Storm Surge Ahead of Hurricane Season

Thursday, 28 May 2020
Lending
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CoreLogic® released its 2020 CoreLogic Storm Surge report, revealing nearly 7.4 million single- and multifamily homes with more than $1.8 trillion in combined reconstruction cost value are at risk of storm surge and possible mandatory evacuation in the midst of a global pandemic. Read more...
Pandemic Worsens Housing Supply Shortage: First American

Pandemic Worsens Housing Supply Shortage: First American

Friday, 29 May 2020
Lending
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As more homeowners are reluctant to list their homes for sale amid the pandemic, the supply of homes available to potential home buyers continues to dwindle, says Mark Fleming, Chief Economist at First American. Read more...

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