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Lending (1527)

Mortgage Rates Hover Near All-Time Lows

Mortgage Rates Hover Near All-Time Lows

Saturday, 09 May 2020
Lending
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Long-term U.S. mortgage rates inched in different directions last week but stayed near the record lows set a week earlier. So reports the Associated Press. Read more...
Bodnar of MMG: Why Didn’t Prices Improve More This Week?

Bodnar of MMG: Why Didn’t Prices Improve More This Week?

Sunday, 03 May 2020
Lending
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Bill Bodnar of The Mortgage Market Guide says there were three events last week that should have pushed bond prices even higher, but didn’t. That begs the question: Is this the bottom? Read more...
Inflow of New COVID-19 Forbearance Plans Declines: Black Knight

Inflow of New COVID-19 Forbearance Plans Declines: Black Knight

Tuesday, 05 May 2020
Lending
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After a surge in early April, the number of new forbearance plans being enacted daily began to taper down following the 15th of the month when late fees are traditionally charged for past-due mortgage payments. That's according to Black Knight. Read more...
Mr Cooper Loses $168M in First Quarter

Mr Cooper Loses $168M in First Quarter

Thursday, 07 May 2020
Lending
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Mr Cooper has posted a first-quarter loss of $168 million. So reports the Associated Press. Read more...
Fannie, Freddie Privatization Looks Tricky Post-Pandemic

Fannie, Freddie Privatization Looks Tricky Post-Pandemic

Friday, 08 May 2020
Lending
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The impact of the coronavirus on the mortgage market has added fresh difficulties to the Trump administration’s plan of releasing Fannie Mae and Freddie Mac from federal sway. So reports Bloomberg. Read more...
Weekly Home Purchase Applications Jump 12%

Weekly Home Purchase Applications Jump 12%

Wednesday, 06 May 2020
Lending
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Mortgage applications to buy a home last week rose by 12%, according to the Mortgage Bankers Association. So reports CNBC. Read more...
Mortgage Rates Sink Again to All-Time Low

Mortgage Rates Sink Again to All-Time Low

Sunday, 03 May 2020
Lending
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American mortgage rates have dropped again to the lowest since data-keeping began. So reports Bloomberg. Read more...
Bodnar of MMG: There is a Limit

Bodnar of MMG: There is a Limit

Sunday, 26 April 2020
Lending
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Bill Bodnar of The Mortgage Market Guide says there’s a limit to how high mortgage backed securities prices can go. Read more...
3.4M Now in Forbearance, 6.4% of All Mortgages: Black Knight

3.4M Now in Forbearance, 6.4% of All Mortgages: Black Knight

Wednesday, 29 April 2020
Lending
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As of April 23, more than 3.4 million homeowners are now in forbearance plans, representing 6.4% of all active mortgages. That’s according to newly released data from Black Knight’s McDash Flash Forbearance Tracker. Read more...
Mortgage Volume Fizzles Despite Low Interest Rates

Mortgage Volume Fizzles Despite Low Interest Rates

Thursday, 30 April 2020
Lending
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Demand for mortgages seems to be leveling off, with purchase applications at a five-year low while refinance applications remain elevated. So reports CNBC. Read more...

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