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Articles in "Lending"
Fixed-mortgage rates slipped again this past week amid data showing weaker consumer spending, Freddie Mac said in its latest Primary Mortgage Market Survey.
The 30-year, fixed-rate mortgage hit near record lows, coming in at 3.41%, down from 3.43% last week and 3.9% last...
Members of the Senate Banking, Housing & Urban Affairs committee plan to put Ed DeMarco, current acting director of the Federal Housing Finance Agency, in the hot seat, questioning the agency’s role as regulator and conservator of Fannie Mae...
Bank of America expanded its base of mortgage loan officers in 2012 and has plans to further this trend as originations come back.
In the first quarter of 2012, the bank had 2,795 mortgage loan officers, a figure that climbed to 3,607 officers by the first quarter of...
Bank of America expanded its base of mortgage loan officers in 2012 and has plans to further this trend as originations come back.
In the first quarter of 2012, the bank had 2,795 mortgage loan officers, a figure that climbed to 3,607 officers by the first quarter of...
Members of the House Committee on Appropriations fired off questions Wednesday to Shaun Donovan, secretary of the Department of Housing and Urban Development, seeking answers to how the Federal Housing Administration will avoid a...
Members of the House Committee on Appropriations fired off questions Wednesday to Shaun Donovan, secretary of the Department of Housing and Urban Development, seeking answers to how the Federal Housing Administration will avoid a...
Bank of America posted a profit of $2.6 billion, or 20 cents a share, for the first quarter of 2013.
That is up from a profit of $653 million, or 3 cents a share, a year earlier and reflective of higher brokerage income, improved credit quality across all portfolios and...
Mortgage applications continued their upward climb, increasing 4.8% from one week earlier, according to data from the Mortgage Bankers Association.
The refinance index also improved, up 5% from the...
Financial regulators are confident steps they took to protect the nation from too-big-to-fail banks are enough to curtail excessive risk-taking.
Regulatory agencies defended these initiatives when testifying before the House Financial Services Committe Tuesday, despite...
Financial regulators are confident steps they took to protect the nation from too-big-to-fail banks are enough to curtail excessive risk-taking.
Regulatory agencies defended these initiatives when testifying before the House Financial Services Committe Tuesday, despite...
Comerica released its first-quarter earnings, revealing a net income of $134 million, compared to $130 million for the fourth quarter of 2012.
The associated net interest income for residential mortgage loans in the first quarter totaled $17 million, Comerica...
Comerica released its first-quarter earnings, revealing a net income of $134 million, compared to $130 million for the fourth quarter of 2012.
The associated net interest income for residential mortgage loans in the first quarter totaled $17 million, Comerica...
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.
An article in USA Today is noting an uptick in non-FHA backed loans, but with less than 20% down payment. Loans with down...
In the aftermath of the housing crisis, many young households lost a great deal of wealth in the downturn when compared to middle-aged and older households.
At the Federal Reserve System Community Development Research Conference, William Emmons, assistant vice president and economist at...