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Buyers make offers sight unseen as Boise home market defies virus

National Mortgage
Mortgage Finance
6 years ago

Real estate agent Rick Gehrke wrote up a listing for a house in Kuna on Sunday night, normally a slow,.. Read More;

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Homebuilder optimism continues recovery as buyers return

National Mortgage
Mortgage Finance
6 years ago

Homebuilder outlook improved in July and is back at pre-pandemic levels as the housing market continued to lure buyers looking,.. Read More;

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Mortgage rates break through 3% barrier for first time

National Mortgage
Mortgage Finance
6 years ago

Mortgage rates slid further this week, as the conforming 30-year fixed loan fell below the 3% mark for the first,.. Read More;

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Rhode Island home sales down again in June, but not as bad as May

National Mortgage
Mortgage Finance
6 years ago

When is a 15% drop in sales good news?When you're in the real estate business during a pandemic and your,.. Read More;

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CFPB slaps Chicago mortgage lender with redlining lawsuit

National Mortgage
Mortgage Finance
6 years ago

The Consumer Financial Protection Bureau has sued a Chicago-based mortgage lender alleging it engaged in illegal redlining by discouraging prospective,.. Read More;

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U.S. Bancorp mulls more branch closings as customers flock to digital channels

National Mortgage
Mortgage Finance
6 years ago

A pandemic-induced shift to digital channels is spurring U.S. Bancorp to further trim its branch network.Executives at the $543 billion-asset,.. Read More;

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PNC sees steep decline in forbearance requests. Will it last?

National Mortgage
Mortgage Finance
6 years ago

Even as banks continue to set aside billions of dollars for pandemic-related loan losses, they can take some comfort in,.. Read More;

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iBuyer Orchard enters mortgage broker business

National Mortgage
Mortgage Finance
6 years ago

Orchard, a New York-based homebuyer and seller, has started its own mortgage company, which will offer financing for clients who,.. Read More;

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Prepayments: Ginnie Mae vs. the big banks

National Mortgage
Mortgage Finance
6 years ago

In my last comment, "The problem with Ginnie Mae's new restrictions," we took our friends at Ginnie Mae to task,.. Read More;

post

Shadow bank weaknesses forced Fed's market rescue, Quarles says

National Mortgage
Mortgage Finance
6 years ago

A top Federal Reserve official is issuing a warning about fast-growing and largely unregulated shadow lenders: They were a big,.. Read More;

post

Mortgage applications increase as refinance volume rebounds

National Mortgage
Mortgage Finance
6 years ago

Strong growth in refinance volume following several weeks of so-so activity drove a 5.1% week-to-week increase in mortgage applications, according,.. Read More;

post

South Florida housing market sees highest overvaluation in eight years

National Mortgage
Mortgage Finance
6 years ago

The South Florida housing market is experiencing its highest overvaluation in eight years. Still, a housing crisis is unlikely, one,.. Read More;

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