Lending
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...
Brokers, Financing, Agents, 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...
Financing, Home Loans, Origination, 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...
Federal Housing Finance Agency, Financing, Sandra Thompson, 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...
Financing, U.S. Department of Housing and Urban Development, Lending, real estate news, Industry News, HUD, Mortgage, National, Latest News, News
Non-Profit Bidders Buy More Than 800 Mortgage Notes at HUD Vacant Loan Sale
December 15th, 2021
The U.S. Department of Housing and Urban Development’s (HUD) Office of Asset Sales recently announced that 23 mission-driven non-profit organizations successfully participated—and 11 were awarded pools—in its Dec. 1, 2021, competitive bid HUD-held Vacant Loan Sale (HVLS 2022-1). Collectively, these organizations...
Brokers, William Raveis, Fathom, Agents, Feature, Interfirst, Premium Metered, Freedom Mortage, Glenn Kellman, Josh Harley, mortage, Mortgage Banker Association, Paul Hindman, Lending, Refinance, Industry News, Consumer, Teams, National, Latest News, Lead Story, News
Uptick in Employee Cuts Expected in Lending Industry Amid Refi Drop
February 7th, 2022
After two years of an uncanny housing boom, forecasts are pointing toward a more stabilized housing market for 2022 as mortgage rates continue to climb along with home prices. While the return to seasonality hasn’t worried real estate professionals who...
Financing, Coronavirus, Forbearance, Lending, real estate news, Mortgage Bankers Association, Industry News, Mortgage, Consumer, National, Latest News, News
Fannie and Freddie Loans in Forbearance Drop Below 1%
November 2nd, 2021
The total number of loans now in forbearance decreased by 6 basis points to 2.15% of servicers’ portfolio volume as of Oct. 24, 2021. According to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey, 1.1 million homeowners...
