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Articles in "Lending"
Navy Federal Credit Union continues to offer no-money-down mortgages in a market where the perceived risk alone is enough to cause risk-wary lenders to back away.
But Navy Federal, which first opened its doors to customers affiliated with the military in 1933, held strong...
Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.
Rep. Maxine Waters' disconnected feelings toward the financial industry have eased up, The New York Times...
Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.
Rep. Maxine Waters' disconnected feelings toward the financial industry have eased up, The New York Times...
Originations for borrowers with credit scores below 620 mostly disappeared in recent years, eliminating low credit scores from the housing market, Elizabeth Duke, member of the Board of Governors for the Federal Reserve System, said...
Fixed-mortgage rates reversed coursed and moved higher for the first time in six weeks amid April’s better than expected employment report, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.42%, up from 3.35% last week, but down from 3....
Fixed-mortgage rates reversed coursed and moved higher for the first time in six weeks amid April’s better than expected employment report, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.42%, up from 3.35% last week, but down from 3....
Walker & Dunlop more than doubled its 2013 first-quarter revenue, which soared to $69.2 million compared to $34.4 million for the same period a year earlier.
The spike in revenue is attributed to a 157% increase in loan originations and a 118% rise in the servicing...
Walker & Dunlop more than doubled its 2013 first-quarter revenue, which soared to $69.2 million compared to $34.4 million for the same period a year earlier.
The spike in revenue is attributed to a 157% increase in loan originations and a 118% rise in the servicing...
Mortgage applications increased 7% for the week ending May 3 when compared to a week earlier, an industry trade group said Wednesday.
The steeper jump comes after only...
A little more than 97,700 Fannie Mae and Freddie Mac mortgages refinanced through the Home Affordable Refinance Program (HARP) in February, representing 21% of the total refinance volume, the Federal Housing Finance Agency said...
Obtaining a mortgage with a FICO score in the 620 range is more difficult in today's lending environment, the Federal Reserve concluded in its April survey of loan officers and bank lenders.
The Federal Reserve polled a little under 100 banks and found 32 of respondents...
Preventing Fannie Mae and Freddie Mac from purchasing mortgages outside the parameters of the ability-to-repay rule will further constrict lending to non-traditional borrowers and rural areas, the National Association of Federal Credit Unions...
Preventing Fannie Mae and Freddie Mac from purchasing mortgages outside the parameters of the ability-to-repay rule will further constrict lending to non-traditional borrowers and rural areas, the National Association of Federal Credit Unions...
The Federal Housing Finance Agency is pulling back on the loans that Fannie Mae and Freddie Mac can purchase, noting that beginning Jan. 10, 2014, the enterprises will no longer purchase a mortgage that is subject to the ability-to-repay rule if its not fully amortizing, has a...
Mortgage lender Caliber Funding launched a correspondent lending channel, expanding its production capacity, the company announced at the Mortgage Bankers Association Secondary Market Conference & Expo on Sunday.
"The departure of several large...