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Whether or not the cost of home loans go up may hinge on the labor market recovery, and right now bond yields suggest they are heading in one particular direction long term.
February 4
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The acquiring company does business under the name Excelerate Capital and will extend that name to Castle in order to expand its footprint.
February 3
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However, the share of new impairments increased, likely as a result of the high concentration of these loans given to self-employed borrowers.
February 3
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After mortgage rates rose for three weeks, borrowers took advantage of a 3-basis-point dip and sparked a short-term refinancing rally, according to the Mortgage Bankers Association.
February 3
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The plan is aimed at low- and moderate-income communities, and may enable 60,000 individuals and families to purchase homes, the bank said in a statement Wednesday.
February 3
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The California company acquired Civic Financial Services, which makes loans to residential real estate investors.
February 3 -
With the shift to a low-rate environment dominated by no cash-out refinancing, use of an alternative to traditional valuations has soared.
February 2
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The 2020 price increase was more than double 2019's and above CoreLogic's year-ago prediction, but its forecast for 2021 puts the pace at just one-third of last year’s.
February 2
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Pretax operating margins came in much narrower than what is projected for the three stand-alone underwriters.
February 1
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Issuance of securitizations backed by these loans is becoming more dependable, and Fannie will need more mortgages that finance newly-built energy-efficient homes to keep it going.
February 1
