Lending
Advocacy, Financing, Affordability, Lending, real estate news, MBA, Real Estate, Mortgage Bankers Association, Homeownership, Industry News, Mortgage, National, Latest News, News
MBA Introduces 2022 Affordable Homeownership Advisory Council
October 29th, 2021
The Mortgage Bankers Association (MBA) recently announced the members of its 2022 Affordable Homeownership Advisory Council. The Affordable Homeownership Advisory Council and the Affordable Rental Housing Advisory Council were formed in 2019 to provide important strategic and practical guidance to...
Financing, Independent Mortgage Banks, Lending, real estate news, MBA, Real Estate, Mortgage Bankers Association, Industry News, Mortgage, National, Latest News, News
IMB Production Profits Increase in Q3 2021
December 1st, 2021
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $2,594 on each loan they originated in the third quarter of 2021, up from a reported gain of $2,023 per loan in the second quarter...
Loan, Tornados, Natural Disasters, Forbearance, Financing, Lending, Disaster Relief, Homeowners, real estate news, Real Estate, Industry News, Freddie Mac, Mortgage, National, Latest News, News
Freddie Mac: Mortgage Relief Options Available for Those Affected by Tornado Outbreaks
December 15th, 2021
Freddie Mac recently reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas. “We encourage everyone to make their safety the priority,” said Bill Maguire,...
Agents, Brokers, Loan, Consumer Financial Protection Bureau, Credit, Financing, Lending, real estate news, TransUnion, Experian, Real Estate, Industry News, Equifax, Mortgage, Consumer, Teams, National, Latest News, News, CFPB
New CFPB Report Finds Three Major Credit Bureaus Providing Insufficient Complaint Responses
January 6th, 2022
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion together reported relief...
Financing, Lending, real estate news, Refinance, Real Estate, Mortgage Applications, Mortgage Bankers Association, Industry News, Mortgage, Interest Rates, National, Latest News, News
Mortgage Applications Fall, With Refinance Incentives Down
December 1st, 2021
Mortgage applications decreased 7.2% for the week ending Nov. 26. According to the latest data from the Mortgage Bankers Association (MBA), the Market Composite Index, which measures the volume of mortgage loan applications, decreased 7.2% on a seasonally adjusted basis...
Finacing, Lending, real estate news, MBA, Mortgage Applications, Mortgage Bankers Association, Industry News, Mortgage, National, Latest News, News
Overall Mortgage Applications Down, Refis Take Hit as Homeowners Watch Rates
December 15th, 2021
For the week ending Dec. 10, mortgage applications decreased 4%. The Market Composite Index, according to the Mortgage Banker’s Association (MBA), decreased 4% compared to the previous week. Key findings: Unadjusted, the index decreased 6% compared with the previous week...
Agents, Brokers, Financing, Lending, real estate news, Real Estate, Industry News, Freddie Mac, Mortgage, Consumer, Interest Rates, Teams, National, Latest News, News
The New Year Kicks Off With Raised Mortgage Rates
January 7th, 2022
The 30-year fixed-rate mortgage (FRM) averaged 3.22% for the week ending Jan. 6, 2022, according to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®). Mortgage details: The 30-year fixed-rate mortgage averaged 3.22% with an average 0.7 point, up from last...
Origination, Home Loans, Financing, Lending, real estate news, Real Estate, Rocket Mortgage, Industry News, Mortgage, Technology, Real Estate Technology, National, Latest News, News
Rocket Mortgage Partners With Salesforce
November 3rd, 2021
Rocket Mortgage announced a partnership with Salesforce to make the company’s mortgage origination technology available to banks, credit unions and other financial institutions nationwide through Salesforce Financial Services Cloud. “Today’s news displays what is possible with the Rocket platform and...
Sandra Thompson, Federal Housing Finance Agency, Financing, Lending, real estate news, Real Estate, Industry News, Fannie Mae, Freddie Mac, Mortgage, FHFA, National, Latest News, News
FHFA Announces Conforming Loan Limits for Fannie and Freddie Mortgages
December 1st, 2021
The Federal Housing Finance Agency (FHFA) has announced the conforming loan limits (CLLs) for any mortgages acquired by Fannie Mae and Freddie Mac in 2022. Throughout most of the U.S., the 2022 CLL for one-unit properties will be $647,200—up $98,950...
