Richmond Fed’s Lacker And The Fed’s Mortgage Favoritism (Not Helping Mortgage Purchase Applications, Only Investors)
Low Rates and Declining Purchase Volume- A Good Read!!
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National Mortgage News- CFPB’s Kraninger agrees: Her job security is unconstitutional September 17, 2019The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.
- Senate Dems urge CFPB to extend QM patch September 17, 2019Senate Democrats are warning the Consumer Financial Protection Bureau to be careful as it considers changes to its mortgage underwriting rules.
- New-home mortgage apps take a leap in lower rate climate September 17, 2019The low mortgage rates of August drove new homebuyers to cannonball into the purchase market compared to the year before, according to the Mortgage Bankers Association.
- Ginnie Mae punished his firm. Now, Trump may put him in charge. September 17, 2019A mortgage industry executive with ties to a firm penalized in a U.S. predatory lending crackdown is being considered by the Trump administration to run Ginnie Mae, according to people familiar with the matter.
- CFPB’s Kraninger agrees: Her job security is unconstitutional September 17, 2019
- HousingWire- Mortgae News
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- Save pdf smaller size mac online September 11, 2017
- 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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