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While most single-family Federal Housing Administration lending is somewhat insulated from the government shutdown, the impasse is doing more to hurt funding in niches like nursing home loans and reverse mortgages.
January 18 -
Mortgage applications for new homes declined again as worries over the stock market and the global economy outweighed lower interest rates for potential buyers, the Mortgage Bankers Association said.
January 18 -
Mortgage industry hiring and new job appointments for the week ending Jan. 18.
January 18 -
1st Alliance Lending CEO John DiIorio explains why the mortgage lender turned down a consent order with the Connecticut Department of Banking and the high cost of fighting what he sees as an overreach of regulators' enforcement power.
January 171st Alliance Lending -
Bank of America's first-mortgage production dropped almost 26% year-over-year in the fourth quarter of 2018, but it experienced a less severe 10% decline in home equity lending during the same period.
January 16 -
American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit.
January 16 -
Purchase mortgage application volume reached its highest level in almost nine years as homebuyers took advantage of what might be a fleeting window for lower interest rates.
January 16 -
Wells Fargo and JPMorgan Chase had reduced mortgage-related earnings in the fourth quarter as home loan activity continues to fall short of expectations.
January 15 -
Citigroup's residential mortgage originations declined 23% and its home-loan revenue dropped by 35% year-over-year in the fourth quarter of 2018, as the company continued to distance itself from home loans.
January 14 -
Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.
January 13