- LIBOR
The Mortgage Bankers Association created a template for originators to notify new borrowers when their adjustable-rate mortgage switches to a different index once publication of the London interbank offered rate discontinues.
June 6 -
Sandler and his wife, Marion, built a small California thrift into a powerhouse before selling it to Wachovia prior to the housing collapse, but were heavily criticized for engaging in some of the same practices that caused the financial crisis.
June 5 - LIBOR
Commercial and multifamily mortgage lenders need to figure out their plan for replacing the London interbank offered rate index potentially expiring at the end of 2021.
June 4 - LIBOR
The development of a replacement index for the London interbank offered rate brought back memories for one secondary market participant of the technology disaster worries many had at the turn of the century.
May 22 -
Whether online or advertised on a sign, very few consumers will qualify for that incredible low-rate deal. Here's why.
May 9 -
When it comes to cars, tunnels and rockets, Elon Musk thinks big. The same is true for his household finances.
February 22 -
Mortgage application defect risk was at its highest level in four years because of higher interest rates as well as natural disasters during the latter part of 2018, according to First American.
January 31 -
Adjustable-rate mortgages for the second consecutive month hit a post-crisis high, due to strong demand for housing being constrained by a lack of supply, according to Ellie Mae.
January 24 -
Adjustable-rate mortgages in November had their highest share of closed loans since Ellie Mae started tracking this data in 2011 as rates for 30-year loans reached 5.15%.
December 19 -
Another adjustable-rate mortgage index is going away as the Federal Home Loan Bank of San Francisco will no longer publish the monthly Eleventh District Cost of Funds Index after January 2020.
December 10