News

Articles in "Lending"

May 2, 2013 09:07 AM
Mortgage rates flirt with record lows: Freddie Mac

Fixed-mortgage rates hovered near record lows this past week, amid weaker than expected first-quarter economic growth, according to Freddie Mac data.

The 30-year, fixed-rate mortgage floated just above its all-time record low, coming in at 3.35%, down from 3.4% last week...

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May 2, 2013 08:53 AM
Mortgage rates flirt with record lows: Freddie Mac

Fixed-mortgage rates hovered near record lows this past week, amid weaker than expected first-quarter economic growth, according to Freddie Mac data.

The 30-year, fixed-rate mortgage floated just above its all-time record low, coming in at 3.35%, down from 3.4% last week...

Read More
May 1, 2013 07:28 AM
Rep. Mel Watt reportedly Obama's pick to lead FHFA

Congressman Mel Watt, D-N.C, is President Obama’s pick to lead the Federal Housing Finance Agency, according to a ranking member of the House Committee on Oversight and Government Reform.

Rep. Elijah Cummings released a statement Wednesday, applauding reports that the...

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May 1, 2013 06:03 AM
Mortgage applications pick up after slump

Mortgage applications rose 1.8% for the week ending April 19 when compared to a week earlier, an industry trade group said Wednesday.

According to the Mortgage Bankers...

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April 30, 2013 02:02 PM
BOK Financial grows mortgage market share

Loans originated by BOK Financial soared 40% last year, the bank announced in their annual shareholders meeting in Dallas on Tuesday. This compares to 27% growth from the competition, shareholders were told.

The bank posted a first quarter earnings of $88 million, or $1....

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April 30, 2013 01:25 PM
BOK Financial grows mortgage market share

Loans originated by BOK Financial soared 40% last year, the bank announced in their annual shareholders meeting in Dallas on Tuesday. This compares to 27% growth from the competition, shareholders were told.

The bank posted a first quarter earnings of $88 million, or $1....

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April 29, 2013 11:33 AM
New Jersey hardest-hit neighborhoods get aid

HUD Secretary Shaun Donovan and other policymakers on Capitol Hill are continuing their efforts to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Donovan, secretary of the Department of Housing and Urban Development, approved a New...

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April 29, 2013 11:17 AM
New Jersey hardest-hit neighborhoods get aid

HUD Secretary Shaun Donovan and other policymakers on Capitol Hill are continuing their efforts to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Donovan, secretary of the Department of Housing and Urban Development, approved a New...

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April 29, 2013 05:17 AM
Monday Morning Cup of Coffee: Subprime lending is back

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.

The Federal Reserve and the Office of the Comptroller of Currency halted the independent national foreclosure review in...

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April 26, 2013 02:56 PM
Hardest-hit communities receive funding to rebuild

Policymakers are taking further action to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Shaun Donovan, secretary of the Department of Housing and Urban Development, approved a New York recovery plan that will allot $1.7 billion in...

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April 26, 2013 11:51 AM
Hardest-hit communities receive funding to rebuild

Policymakers are taking further action to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Shaun Donovan, secretary of the Department of Housing and Urban Development, approved a New York recovery plan that will allot $1.7 billion in...

Read More
April 26, 2013 07:28 AM
Senators reveal bill to tighten capital standards

Two U.S. Senators are trying to tighten banks capital reserves with the release of a new bill titled, "Terminating Bailouts for Taxpayer Fairness Act."

A previous version of the bill was...

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April 25, 2013 12:00 PM
Debate over mortgage interest deduction shows a great divide

The housing market is on an upswing and mortgage interest rates are low, making now the perfect time to tweak the mortgage interest tax deduction, Mark Calabria, director of financial regulation studies with the Cato Institute, said when testifying in front of the House...

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April 25, 2013 09:10 AM
Record low mortgage rates boost housing: Freddie Mac

Fixed-mortgage rates hovered near record lows this past week, fueling the ongoing housing recovery with cheaper credit, according to Freddie Mac data.

The 30-year, fixed-rate mortgage hit near record lows, coming in at 3.4%, down from 3.41% last week and 3.88% last year,...

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April 25, 2013 09:03 AM
Record low mortgage rates boost housing: Freddie Mac

Fixed-mortgage rates hovered near record lows this past week, fueling the ongoing housing recovery with cheaper credit, according to Freddie Mac data.

The 30-year, fixed-rate mortgage hit near record lows, coming in at 3.4%, down from 3.41% last week and 3.88% last year,...

Read More