Wealthier Americans mean a bigger bond market

Wealthier Americans mean a bigger bond market

More liquidity means more debt

Top 10 fastest growing cities in the nation

Most already home to thousands of millennials

3 reasons why California housing is about to go bust

The money is drying up
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Items Tagged with 'lender'

ARTICLES

Large lenders the first to fully open the credit box?

Fannie Mae: As competition increases, standards decrease
Brena Swanson
“Larger lenders are expecting to tap into the non-GSE-eligible and government loan market to maintain or grow their market share and offset their anticipated slowing mortgage demand as the peak spring/summer selling seasons are coming to an end,” said Doug Duncan, senior vice president and chief economist at Fannie Mae.
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New Penn Financial acquires Shelter Mortgage Company

Retail channel doubles in size
Brena Swanson
"We are extremely excited to become part of the New Penn family of companies and recognize the immediate value the relationship will bring, beginning with the diverse mix of Agency and Non-Agency products we’ll now be able to offer," said Shelter Mortgage Company CEO Marc McManus.
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Freddie Mac: Mortgage rates stay low heading into holiday

Rates barely move amid mixed housing news
Brena Swanson
Mortgage rates barely moved due to mixed news on the housing market heading into the holiday weekend, with the 30-year, fixed-rate mortgage averaging 4.10% for the week ended Aug. 28.
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5 big lenders to help lower military mortgage payments

Obama Administration's new push to help service members
Brena Swanson
In a new effort to help provide home financing to service members, five top lenders commit to the Obama Administration’s new program to help people in the military save hundreds of dollars or more each year.
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Closing a mortgage finally makes money

Breaks 6 quarters of straight losses
Brena Swanson
After mortgage banker costs skyrocketed the past 6 quarters, well out of the realm of profitability, the latest Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association reports the landscape shifted from losing money to making money, as costs came more under control.
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Freddie Mac: Mortgage rates fall to year's lows

Rates continue downward trend
Brena Swanson
Mortgage rates dropped to new yearly lows after hovering around the same area for the past month, according to the latest Freddie Mac Primary Mortgage Market Survey.
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Affiliated Mortgage exits correspondent lending

Shuts down office due to current lending environment
Brena Swanson
“Based on the current environment, and after careful consideration, Affiliated Mortgage Company has made the difficult decision to exit the correspondent business,” said Jason Beene, president of the Correspondent Division.
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Stated income loans to offset mortgage declines

Not the same product as past "liar loans"
Brena Swanson
Stated income loans are starting to come back into the market as lenders try to boost business. But this time around lenders are putting in extra due dilligence to not repeat the past.
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Fannie Mae: 80% of lenders won't enter non-QM space

New rules show little impact on business strategies... for now
Brena Swanson
The housing industry had half a year to adjust to the CFPB's new Qualified Mortgage and Ability-to-Repay rules. But has that been enough time?
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Ellie Mae 2Q14 earnings overcome outages

Encompass users increase 12% y/y
Brena Swanson
Ellie Mae recorded an increase in its second-quarter earnings despite additional operating expenses from its outages experienced at the end of March.
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