Tag Archives: Banking & Lending

Low mortgage rates keep home costs in an acceptable range

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Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Continue reading →

Struggling homeowners may evade foreclosure thanks to surging prices

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Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. Continue reading →

Struggling homeowners may evade foreclosure thanks to surging prices

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Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. Continue reading →

‘Holding pattern’: Virus extends stable period for mortgage rates

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Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Continue reading →

Ribbon raises $150M round, vows to expand into half of US by 2023

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Currently, the homeownership startup operates in North Carolina, South Carolina, Tennessee, Georgia, Texas and Florida. Continue reading →

Black Knight expanding services it provides to growing mortgage broker segment

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Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation’s largest lenders. Continue reading →

Foreclosure rate falls to 22-year low with every US state tallying declines

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The foreclosures rate fell to 0.2 percent in June 2021 from 0.3 percent the previous year, according to data released Tuesday from CoreLogic. Continue reading →

Wells Fargo fined over mortgage loan modification practices

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Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems. Continue reading →

Rates for 15-year mortgages continue slow rise from prior lows

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Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading →