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Mortgage rates rose to their highest level since July, leading to a 2.6% decrease in loan applications from one week earlier, according to the Mortgage Bankers Association.
November 1 -
The Canyon 2 wildfire has been contained for more than a week, but aftereffects from the 9,200-acre conflagration still are rippling throughout Orange County, Calif.
October 27 -
Most secondary market outlets, along with the non-qualified mortgage lenders, remain reluctant to lend to legal cannabis workers because of the source and nature of their compensation, but opportunities are beginning to emerge.
October 25 -
Mortgage applications decreased 4.6% from one week earlier because of higher rates for conforming and government loans, according to the Mortgage Bankers Association.
October 25 -
To protect veterans from predatory lending practices, Ginnie Mae and the Department of Veterans Affairs should remove lenders' financial incentive for originating Interest Rate Reduction Refinance Loans.
October 20
Chrysalis Holdings -
Mortgage applications increased 3.6% from one week earlier even though rates remained mostly flat during the period, according to the Mortgage Bankers Association.
October 18 -
Ginnie Mae and the Department of Veterans Affairs have described in more detail the VA loan refinancing practices they will crack down on to eliminate a long-running churning concern.
October 16 -
The share of mortgage refinance applications dropped below 50% for the first time since the start of September, as interest rates rose to a six-week high.
October 11 -
Slightly looser underwriting outside the government sector is primarily responsible for the latest increase in credit availability.
October 10 -
Building off the success of policy changes in 2016, there are now even more ways for mortgage lenders to help student loan borrowers become homeowners.
October 4
Bilt Rewards -
A decline in refinancing applications offset the gain in purchase activity, leading to an overall drop in application activity of 0.4% from one week earlier.
October 4 -
Mortgage application activity decreased 0.5% from one week earlier as a decline in refinance volume was only partially offset by an increase in purchases.
September 27 -
Despite an uptick in interest rates, refinance loans held steady in August and closing rates reached a new 2017 high.
September 21 -
A federal judge awarded treble damages totaling $296 million in a False Claims Act case alleging Texas lender Allied Home Mortgage defrauded the Federal Housing Administration mortgage program.
September 20 -
Mortgage application activity decreased from one week earlier due to normal seasonal trends, according to the Mortgage Bankers Association.
September 20 -
The U.S. is investigating lenders for allegedly pressuring veterans and members of the military into unneeded mortgage refinances — unsavory conduct that not only leads to higher consumer costs but has consequences for one of the world’s largest bond markets.
September 15 -
As mortgage rates dropped to new lows for the year, loan application volume increased from one week earlier, according to the Mortgage Bankers Association.
September 13 -
Looser underwriting standards for agency-eligible adjustable-rate mortgages helped increase credit availability in August to its highest level since April, according to the Mortgage Bankers Association.
September 11 -
The average number of days to close a home loan for a millennial varied significantly by state in July as buyers continued competing for tight inventory, according to Ellie Mae.
September 8 -
Mortgage refinancing applications were more than half of the volume for the first time since January, according to the Mortgage Bankers Association.
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