Case-Shiller Retrofit Shows Less Severe U.S. Home-Price Slump (But Mortgage Purchase Applications Down 51% Since December 2007)
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National Mortgage News- AIME founder apologizes for comments about Quicken Loans exec's wife July 13, 2020A man who started a mortgage brokers group issued a statement indicating he regretted saying "lewd" personal things about a Quicken Loans executive’s spouse while sparring over a professional matter.
- Mortgage forbearance rate tumbles almost 3x from week before: MBA July 13, 2020The number of loans going into coronavirus-related forbearance fell for the fourth consecutive week, as the growth rate plummeted 21 basis points between June 29 and July 5, according to the Mortgage Bankers Association.
- Proper Rate launches after 'fire hose' of loan volume from coronavirus July 13, 2020After months of pandemic-related delays, the joint venture between Guaranteed Rate and @properties started originating mortgages.
- Wells Fargo buys $14B of delinquent mortgages tied to pandemic July 13, 2020The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
- AIME founder apologizes for comments about Quicken Loans exec's wife July 13, 2020
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- Mortgage Daily
- Continued Deterioration in Origination Quality October 26, 2018As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis, mortgage quality has weakened. Still, quality is better than before the crisis.During the past three years, the quality of residential loans originated has weakened, though credit quality remains far stronger than the early 20 […]
- Best Mortgage Lenders By Category October 26, 2018A report based on a recent survey of consumers who were shopping for a residential loan has identified the best home lenders in a variety of categories -- including government programs, jumbo loans and online services.The 10-question survey of prospective mortgage borrowers found that before they applied for a home loan, 40 percent checked their credit repor […]
- Business Falls to 6-Month Low at Freddie October 26, 2018New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months. Delinquency, meanwhile, remained at its lowest level in a decade.When September was over, Freddie Mac's total mortgage portfolio stood at $2.1513 trillion -- including a $0.2278 trillion in mortgage investments and $1.9235 trillion in outstanding mortgage-r […]
- Continued Deterioration in Origination Quality October 26, 2018
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