Lending

May 24, 2012
MBA: Mortgage originations will outpace 2011

Because of increased refinance applications and originations, the Mortgage Bankers Association rose its mortgage...

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Fixed-rate mortgages held steady from the prior week’s record lows, helping to drive homebuyer affordability across the nation.

They Said It

"He is withholding his support for getting a significant piece of getting this recovery going," Frank said. "It's moving, but he can make it better. As the recovery picks up speed, the FHFA is a beneficiary because they own more houses than anybody."

ReWired

The results of a survey released by the Consumer Federation of America revealed a jump in consumer knowledge about which companies collect credit information and how to check it, but a continued lack of knowledge about how costly low scores can be.

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