Wall Street Journal, Oct. 21, 2020–Orla McCaffrey, AnnaMaria Andriotis (subscription)Lenders are worried the days of a business-friendly Consumer Financial Protection Bureau are numbered. Mortgage lenders and financial-technology firms negotiating with …
Category: Top National News
Industry Leaders Address Racism, Refi Fee and Lending Technology
DS News, Oct. 21, 2020–Christina Hughes BabbRepresentatives from organizations including FHFA, FHA, GSEs and HUD all spoke during a virtual event this week by the Mortgage Bankers Association.https://dsnews.com/daily-dose/10-21-2020/industry-leaders-address-racism-refi-fee-and-lending-technology
Nonbank Lenders on their Liquidity Strategies, Why No One’s Using PTAP
National Mortgage News, Oct. 21, 2020–Brad Finkelstein (subscription)When it comes to liquidity for privately held independent mortgage banks, cash management is the most important metric to watch, a panel said …
Mortage Demand from Homebuyers Falls for the Fourth Straight Week
CNBC, Oct. 21, 2020–Diana OlickA drop in buyer demand caused total mortgage application volume to fall 0.6% last week compared with the previous week, according to the Mortgage Bankers Association’s …
Pandemic Accelerates, Rather Than Starts, CRE Trends
Commercial Property Executive, Oct. 20, 2020–Paul FiorillaCOVID-19 is changing the way Americans live and work, but industry experts say that in many ways the effect has been to accelerate existing …
Millions Of Homes Are At Risk Of Wildfires, But It’s Rarely Disclosed
NPR, Oct. 21, 2020–Lauren SommerMillions of people in the West move into fire-prone landscapes without getting any warning about that risk from the government, real estate agents or sellers. Almost …
Who Actually Gets Those Low, Low Mortgage Rates?
Marketplace, Oct 20, 2020–Amy ScottGiven the same set of facts, different lenders come up with different deals. Say you want to refinance your house and are looking for a 30-year …
Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates
MarketWatch, Oct. 20, 2020–Clare TrapassoWhen the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical …
loanDepot’s Dan Hanson on the Mortgage Industry’s Evolution
HousingWire, Oct. 21, 2020Dan Hanson, Executive Director of Distributive Retail at loanDepot, discusses his history in the mortgage industry, the lessons he’s learned from several of the mortgage cycles he’s …
Move Over, Bad Boy Mowers: Strongsville’s Union Home Mortgage is the New Title Sponsor of the Gasparilla Bowl
Crain’s Cleveland Business, Oct. 20, 2020–Scott SuttellFast-growing Union Home Mortgage Corp. of Strongsville has a new venue for building its brand: as the new title sponsor for the Gasparilla Bowl, …