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Mortgage lenders were braced for high demand even before recent spike

National Mortgage
Mortgage Finance
6 years ago

Companies in the mortgage business were already focused on processing a lot of loans and generating efficiencies before the latest,.. Read More;

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Houston's housing market, busy in February, faces uncertainty

National Mortgage
Mortgage Finance
6 years ago

Houston-area home sales experienced another double-digit gain in February as buyers came out in droves to take advantage of low,.. Read More;

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Mortgage rates increase as lenders try to manage volume

National Mortgage
Mortgage Finance
6 years ago

Paradoxically, mortgage rates actually increased this past week, even as the 10-year Treasury yield plumbed new depths, likely because lenders,.. Read More;

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Bank of America cuts homebuilders, 'bracing for inevitable' virus hit

National Mortgage
Mortgage Finance
6 years ago

Bank of America cut its ratings and price targets on several homebuilders and building products companies as the firm is,.. Read More;

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JPMorgan tells New York employees to work from home due to virus

National Mortgage
Mortgage Finance
6 years ago

JPMorgan Chase is planning to implement a staggered work-from-home plan for its New York-area employees after the governor asked businesses,.. Read More;

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Maui housing market was mixed in February

National Mortgage
Mortgage Finance
6 years ago

Median prices for Maui homes sold last month moved modestly, but in opposite directions for single-family houses and condominiums, according,.. Read More;

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Trump and Wall Street try to restore calm as market tumult grows

National Mortgage
Mortgage Finance
6 years ago

The top U.S. bankers sought to tamp down concerns that the wild stock market gyrations caused by the coronavirus would,.. Read More;

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Coronavirus scams to watch out for

National Mortgage
Mortgage Finance
6 years ago

Fraudsters of all stripes are taking advantage of the coronavirus scare, and some of their scams are a direct threat,.. Read More;

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Virus could deal blow to leveraged loans. What's that mean for banks?

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — A rollercoaster stock market. A quickly planned White House meeting with bank CEOs. Uncertainty about the next shoe,.. Read More;

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The banks are back in residential mortgages

National Mortgage
Mortgage Finance
6 years ago

The collapse of interest rates last week opened the door for an historic surge in new mortgage originations, perhaps approximating,.. Read More;

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Home purchases became more attractive as crash likelihood faded

National Mortgage
Mortgage Finance
6 years ago

Buying a home became slightly more attractive compared to renting in the fourth quarter, as the likelihood of another huge,.. Read More;

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Terry Wakefield, mortgage tech adviser and MBS pioneer, dies at 70

National Mortgage
Mortgage Finance
6 years ago

Terry Wakefield, a technology consultant and mortgage-backed securities market pioneer, has died at the age of 70, according to funeral,.. Read More;

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