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Mortgage Applications Rise on Lower Rates: MBA

Mortgage Applications Rise on Lower Rates: MBA

Tuesday, 17 September 2019
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As U.S. home mortgage rates dipped to new three-year lows, mortgage applications to buy or refinance a home increased in early September, the Mortgage Banking Association’s weekly data show. So reports Reuters. Read more...
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Trump Officials Clash with Senators Over Fannie, Freddie Plan

Trump Officials Clash with Senators Over Fannie, Freddie Plan

Tuesday, 17 September 2019
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Trump administration officials advocated for their plan to bring Fannie Mae and Freddie Mac toward private ownership last week in the face of sharp criticism from Democratic senators. So reports the Associated Press. Read more...
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Ask the Expert: What to Say When Asking for Referrals

Ask the Expert: What to Say When Asking for Referrals

Thursday, 12 September 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial Read more...
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The 2018 GSE Stress Test Results: A Major Policy Success

The 2018 GSE Stress Test Results: A Major Policy Success

Thursday, 12 September 2019
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New stress test results for Freddie Mac and Fannie Mae, released on August 15, did not get much media coverage, but they should have, according to a recent report from the Joint Center for Housing Studies of Harvard University. Read more...
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3Points: Cash-out Changes, FHA Condo Enhancements and An Opportunity for Millions of Borrowers

3Points: Cash-out Changes, FHA Condo Enhancements and An Opportunity for Millions of Borrowers

Monday, 09 September 2019
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In the September 2019 edition of 3Points with UWM President & CEO Mat Ishbia, he talks about cash-out changes, FHA condo enhancements and a major opportunity for millions of borrowers. Read more...
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Refi Candidates Swell to 11.7M: Black Knight

Refi Candidates Swell to 11.7M: Black Knight

Monday, 09 September 2019
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Black Knight released its latest Mortgage Monitor Report, which returned to the subject of servicer retention rates–the share of borrowers servicers retained through a refinance transaction. Read more...
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Bidding Wars Sink to Eight-year Low

Bidding Wars Sink to Eight-year Low

Tuesday, 10 September 2019
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Home sellers didn’t stand as much chance of enjoying a bidding war for their properties last month. So reports MarketWatch. Read more...
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Manafort asks judge to throw out mortgage fraud case

Manafort asks judge to throw out mortgage fraud case

Wednesday, 11 September 2019
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Paul Manafort, the former campaign chairman for President Trump, has formally asked a judge to toss the New York mortgage fraud case against him. So reports the Associated Press. Read more...
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Trump Plan to Privatize Fannie, Freddie Released

Trump Plan to Privatize Fannie, Freddie Released

Tuesday, 10 September 2019
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The Trump administration has unveiled its widely anticipated plan to end government control of Fannie Mae and Freddie Mac. So reports CNBC. Read more...
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Mortgage Production Profits Rise in Q2 to Highest Level Since 2016

Mortgage Production Profits Rise in Q2 to Highest Level Since 2016

Monday, 02 September 2019
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Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $1,675 on each loan they originated in the second quarter of 2019, up from a reported gain of $285 per loan in the first quarter of 2019, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report. Read more...
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