New data from Fannie Mae reveals how mortgage rates are affecting consumer sentiment, and particularly home-selling sentiment — and show that buyers and sellers have reached a stalemate.
The layoffs also reach beyond Michigan.
We have witnessed a change in our work environment. From the Central Coast of California, Jeff O. sent, “Yesterday I had convened a zoom meeting of major national programs that took two months to set up. I was disappointed when one of the key program leaders was missing. He appeared 25 mins into the…
All good equity investments can make their owners money by appreciating in value over time, but in order to enjoy the profits, you have to sell off some of your position. That’s not the case with dividend stocks, which make regular payments to their shareholders that they can use as income or reinve…
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Wholesale lender lifts the lid on the company’s “difficult decision”
Gary Westerman, president and broker of Westerman Mortgage, is specialized in the reverse mortgage industry.
A preliminary review by News 6 found several residents have experienced similar cases where Homeowner Assistance funds paid by the DEO could not be accounted for.
With purchase and refi volumes down, nonbank mortgage lenders are turning to personal loans, home equity products and non-QM mortgages. Can it move the needle?
Company remains focused on creating new technologies for the future
Wholesale giant announce pricing bonus for borrowers in underserved zip codes
UWM is now offering standalone and piggyback options, as fast-rising home values allow homeowners to tap the equity in their houses to pay debts, expenses or investments.
Homepoint is offering a 75 basis point pricing bonus for conforming conventional loans, with no additional cost to borrowers.
The national mortgage delinquency rate increased nearly 2% in July, but remained just above the record low set in May, according to a new report. Black Knight Inc. today released its First Look at July’s mortgage performance data, finding that the mortgage delinquency rate increased to 2.89%, up 1.9…
Pending home sales declined in July for the eighth time in the last nine months, a sign that the housing cycle downturn may be nearing the bottom, the National Association of Realtors said today. Three of the four major regions registered month-over-month decreases, though the West posted a minor g…
The Federal Housing Finance Agency (FHFA) on Tuesday announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing. The FHFA said the committee will provide advice and input regarding housing needs and any regulatory or policy changes.
Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, today announced that Arc Home LLC (Arc Home), a full-service re
Treasurer of the State of North Carolina boosted its stake in UWM Holdings Co. (NYSE:UWMC – Get Rating) by 236.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,745 shares of the company’s s…
Meeder Asset Management Inc. grew its stake in UWM Holdings Co. (NYSE:UWMC – Get Rating) by 1,946.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,793 shares of the company’s stock after buying an additional 27,386…
Take a deep dive into how CU lenders stacked up against banks and other lenders in 2021 and the first half of 2022.